Will Suntech Power Holdings’s Q3 Results Put Doubt In The Minds Of These Top Institutional Shareholders?

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SunTech Power Holdings Co Ltd. (NYSE:STP), a solar panel manufacturer, announced preliminary third-quarter results which indicated that photo-voltaic (PV) shipments fell 10% on a sequential basis, while revenues similarly fell by 18% to $387 million. The company intends to adjust their production capacity and operations in line with soft demand that is expected to continue into early 2013. For 2012, PV shipments are expected to be in the range 1.7 GW to 1.8 GW, revised downwards from previous guidance of 1.8 GW to 2.0 GW.

Willl SunTech Power Holdings Co. Ltd.’s shareholders increase their holdings? They reported owning a total of 280.355 million shares on 09/30/2012. The shares closed at $0.86 on 09/30/2012.

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Here are the ten largest positions in Suntech Power Holdings Co. Ltd. at the end of September 30th, 2012.

Mount Kellett Capital Management LLP. held 65,674,000 shares on 09/30/2012 worth $32,509,000. This brought the portfolio total to 2.97%.

Driehaus Capital Management LLC. held 33,122,000 shares on 09/30/2012 worth $16,383,000. This brought the portfolio total to 0.64%.

Silverback Asset Management LLC. held 28,750,000 shares on 09/30/2012 worth $14,088,000. This brought the portfolio total to 0.75%.

Pioneer investment management inc held 26,357,000 shares on 09/30/2012 worth $13,046,000. This brought the portfolio total to 0.05%.

Susquehanna International Group LLP. held 22,900,000 shares on 09/30/2012 worth $11,336. This brought the portfolio total to 0.0%.

Akanthos Capital Management LLC. held 16,500,000 shares on 09/30/2012 worth $7,920,000. This brought the portfolio total to 0.36%.

Aristeia Capital LLC. held 9,050,000 shares on 09/30/2012 worth $4,419,000. This brought the portfolio total to 0.81%.

Wolverine Asset Management LLC. held 8,501,000 shares on 09/30/2012 worth $3,804,000. This brought the portfolio total to 0.09%.

J.P Morgan Chase & Co. held 6,883,000 shares on 09/30/2012 worth $3,407,000. This brought the portfolio total to 0.0%.

Blackrock Institutional Trust Co. N.A held 6,077,000 shares on 09/30/2012 worth $3,008,000. This brought the portfolio total to 0.0%.

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