Will Nokia’s Freedom To Take Action Be Acceptable To These Top Institutional Shareholders?

Nokia Corporation (NYSE:NOK) and Siemens (NYSE:SI) are free to take action about their joint venture, called Nokia Siemens Networks, when an existing agreement ends in April. After this occurs, Siemens plans to accelerate their effort to reduce their stake or exit the venture, Financial Times reported, citing someone close to Siemens.

Will Nokia Corporation’s shareholders decrease their holdings? They reported owning a total of 500.282 million shares on 12/31/2012. The shares closed at $3.95 on 12/31/2012.

Here are the ten largest positions in Nokia Corporation at the end of December 31st, 2012.

Goldman Sachs Group Inc. held 109,355,872 shares on 12/31/2012 worth $431,955,700. This brought the portfolio total to 0.18%.

Dodge & Cox held 97,978,393 shares on 12/31/2012 worth $387,014,657. This brought the portfolio total to 0.52%.

Morgan Stanley held 35,649,964 shares on 12/31/2012 worth $140,817,359. This brought the portfolio total to 0.08%.

Capital Research Global Investors held 22,911,674 shares on 12/31/2012 worth $90,501,113. This brought the portfolio total to 0.04%.

Price T. Rowe Associates Inc. /MD/ held 22,898,600 shares on 12/31/2012 worth $90,449,471. This brought the portfolio total to 0.03%.

Susquehanna International Group LLP. held 17,694,900 shares on 12/31/2012 worth $69,896,000. This brought the portfolio total to 0.02%.

Arrowstreet Capital Limited Partnership held 12,248,986 shares on 12/31/2012 worth $48,383,495. This brought the portfolio total to 0.43%.

UBS AG held 9,430,510 shares on 12/31/2012 worth $37,250,515. This brought the portfolio total to 0.04%.

Goldman Sachs Group Inc. held 7,727,200 shares on 12/31/2012 worth $30,522,000. This brought the portfolio total to 0.01%.

Credit Suisse Ag/ held 7,726,255 shares on 12/31/2012 worth $30,518,708. This brought the portfolio total to 0.03%.

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