- Tools for Investors
- Stock News
- Investing Ideas
- Econ & Policy
- Personal Finance
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.
Catalysts are critical to discovering winning stocks. Check out our newest CHEAT SHEET stock picks now.
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%.
Knowing which stocks have institutional support will help improve your investing skills, and teach you how to ride the waves of strong moves. In fact, “S = Support is Provided By Institutional Investors & Company Insiders” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute — click here and get our CHEAT SHEET stock picks now.
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
There's always a bull market in some sector! Find the best opportunities in commodities.