Will QUALCOMM’s Latest Investment Animate These Top Institutional Shareholders?

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QUALCOMM Inc. (NASDAQ:QCOM) will invest up to ¥9.9 billion, or approximately $120 million, in the capital of struggling Japanese electronic firm Sharp Corp. They will receive new shares in Sharp at ¥164 a share, which is a 6% discount to the closing price of ¥174, against an initial investment of ¥4.9 billion. QUALCOMM will invest a second tranche of ¥5 billion before next March. The two companies will collaborate in the development of next-generation displays using QUALCOMM’s low-power display technology and Sharp’s innovative ‘IGZO’ liquid crystal display technology. The combination of these technologies will allow for mobile devices to run longer on a battery charge, provide better resolution, and enable more sensitive and accurate touchscreens.

Will QUALCOMM Incorporated’s shareholders decrease their holdings? They reported owning a total of 1.362 billion shares on 09/30/2012. The shares closed at $62.47 on 09/30/2012.

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Here are the ten largest positions in QUALCOMM Incorporated at the end of September 30th, 2012.

FMR LLC held 78,960,521 shares on 09/30/2012 worth $4,932,663,843. This brought the portfolio total to 0.89%.

Vanguard Group Inc. held 74,588,422 shares on 09/30/2012 worth $4,659,538,813. This brought the portfolio total to 0.6%.

State Street Corp. held 67,310,605 shares on 09/30/2012 worth $4,204,893,577. This brought the portfolio total to 0.62%.

Price T. Rowe Associates Inc. /MD/ held 49,968,082 shares on 09/30/2012 worth $3,121,506,144. This brought the portfolio total to 0.92%.

Blackrock Institutional Trust Company N.A. held 46,612,066 shares on 09/30/2012 worth $2,911,855,820. This brought the portfolio total to 0.66%.

Bank of New York Mellon Corp. held 37,535,475 shares on 09/30/2012 worth $2,344,841,169. This brought the portfolio total to 0.86%.

Invesco Ltd. held 31,681,400 shares on 09/30/2012 worth $1,979,137,097. This brought the portfolio total to 1.04%.

Northern Trust Corp. held 26,664,577 shares on 09/30/2012 worth $1,665,736,158. This brought the portfolio total to 0.69%.

J. P Morgan Chase & Co. held 24,125,792 shares on 09/30/2012 worth $1,507,138,256. This brought the portfolio total to 0.54%.

Wellington management co llp held 21,878,109 shares on 09/30/2012 worth $1,366,725,496. This brought the portfolio total to 0.49%.

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