Will Seagate Technology’s Legal Setback Cause These Top Institutional Shareholders To Lose Interest?

Seagate Technology (NASDAQ:STX) received a legal setback in their dispute with Western Digital (NYSE:WDC) regarding a purported Secrest trade theft by an ex-employee of Seagate.  A Minnesota district Court turned down the $630.4 million award that was granted in favor of Seagate and returned it for arbitration.

Will Seagate Technology’s shareholders increase their holdings? They reported owning a total of 4.336 million shares on 09/30/2012. The shares closed at $30.96 on 09/30/2012.

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

Navellier & Associates Inc held 1,597,839 shares on 09/30/2012 worth $49,469,094. This brought the portfolio total to 1.41%.

Schwab Charles Investment Management Inc held 1,031,338 shares on 09/30/2012 worth $31,930,224. This brought the portfolio total to 0.09%.

Foundation Resource Management Inc held 457,563 shares on 09/30/2012 worth $14,166,150. This brought the portfolio total to 1.91%.

Palladium Partners LLC held 251,990 shares on 09/30/2012 worth $7,801,610. This brought the portfolio total to 0.91%.

Chevy Chase Trust Holdings Inc. held 235,067 shares on 09/30/2012 worth $7,277,674. This brought the portfolio total to 0.08%.

Oxford Asset Management held 187,656 shares on 09/30/2012 worth $5,809,830. This brought the portfolio total to 0.09%.

Capstone Asset Management Co held 159,292 shares on 09/30/2012 worth $4,931,680. This brought the portfolio total to 0.2%.

Exxonmobil Investment Management Inc /TX held 115,014 shares on 09/30/2012 worth $3,560,833. This brought the portfolio total to 0.08%.

Central Bank & Trust Co held 108,047 shares on 09/30/2012 worth $3,345,135. This brought the portfolio total to 1.87%.

Sumitomo Mitsui Asset Management Company Ltd held 52,693 shares on 09/30/2012 worth $1,631,375. This brought the portfolio total to 0.04%.

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