Will Nokia’s Discounted Smartphones Be Just What These Top Institutional Shareholders Have Been Looking For?

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Nokia Corp.’s (NYSE:NOK) Lumia smartphones are being sold at discounts post-holiday season. The high-end Lumia 920, originally offered at $99, can be bought on Amazon.com for $39, provided the buyer agrees to an AT&T contract. The Lumia 822, which also originally featured a price tag of $99, may now be had free with a Verizon contract. The Lumia 810 is also being offered free though bundled with a contract by T Mobile USA. The discounting, coming so quickly after their launch, may raise questions about the demand for these phones.

Will Nokia Corporations shareholders decrease their holdings? They reported owning a total of 479.219 million shares on 09/30/2012. The shares closed at $2.58 on 09/30/2012.

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Here are the eight largest positions in Nokia Corporation at the end of September 30th, 2012.

Goldman Sachs Group Inc. held 116,377,303 shares on 09/30/2012 worth $299,671,561. This brought the portfolio total to 0.12%.

Dodge & Cox held 83,211,743 shares on 09/30/2012 worth $214,270,242. This brought the portfolio total to 0.28%.

Arrowstreet Capital Limited Partnership held 45,129,379 shares on 09/30/2012 worth $116,208,153. This brought the portfolio total to 0.98%.

Morgan Stanley held 32,748,449 shares on 09/30/2012 worth $84,327,258. This brought the portfolio total to 0.05%.

Capital Research Global Investors held 22,911,674 shares on 09/30/2012 worth $58,997,562. This brought the portfolio total to 0.03%.

Price T. Rowe Associates Inc. /MD/ held 22,727,500 shares on 09/30/2012 worth $58,523,314. This brought the portfolio total to 0.02%.

Coatue Management LLC. held 9,349,126 shares on 09/30/2012 worth $24,074,000. This brought the portfolio total to 0.38%.

Credit Suisse AG/ held 6,764,870 shares on 09/30/2012 worth $17,419,541. This brought the portfolio total to 0.03%.

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