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For 2012, THQ Inc’s (NASDAQ:THQI) shares are down 14.04 percent. On Friday, the company announced a Summer of Death promotion that will enable Darksiders II US community members to earn exclusive rewards. To get started, fans can pre-order a copy of Darksiders II on the Xbox 360 videogame and entertainment system from Microsoft (NASDAQ:MSFT), Playstation3 or Windows PC.
During the summer, additional rewards will be available including digital content and ‘money can’t buy prizes.’
Jim Huntley, Vice President of Global Brand Marketing said, “The Summer of Death is an exciting campaign of promotions and giveaways intended to reward our most loyal fans.”
From the summer promotion, will THQ’s largest shareholders increase their holdings? 139 institutional firms indicated owning shares of THQ Inc. (NASDAQ:THQI) in Q1 2012. These firms reported owning a total of 108.837 million shares on 03/31/2012. The shares closed at $0.56 on 03/31/2012.
Here are the ten largest positions in THQ Inc. at the end of March 31st, 2012.
Silverback Asset Management LLC held 15,300,000 shares on 03/31/2012 worth $7,574,000. This brought the portfolio total to 0.41%.
Zazove Associates LLC held 15,126,000 shares on 03/31/2012 worth $7,525,000. This brought the portfolio total to 0.18%.
Camden Asset Management LP /ca held 12,250,000 shares on 03/31/2012 worth $6,000,000. This brought the portfolio total to 0.43%.
Wolverine Asset Management LLC held 7,137,000 shares on 03/31/2012 worth $3,426,000. This brought the portfolio total to 0.07%.
Invesco Ltd. held 7,069,007 shares on 03/31/2012 worth $3,958,644. This brought the portfolio total to 0.0%.
Brencourt Advisors LLC held 5,755,000 shares on 03/31/2012 worth $2,844,000. This brought the portfolio total to 1.24%.
AQR Capital Management LLC held 5,650,000 shares on 03/31/2012 worth $2,790,000. This brought the portfolio total to 0.01%.
Dupont Capital Management Corp held 5,500,000 shares on 03/31/2012 worth $2,688,125,000. This brought the portfolio total to 6.04%.
Vanguard Group Inc held 3,517,474 shares on 03/31/2012 worth $1,969,785. This brought the portfolio total to 0.0%.
Symphony Asset Management LLC held 3,100,000 shares on 03/31/2012 worth $1,515,000. This brought the portfolio total to 0.14%.
About the company: THQ Inc. develops, publishes, and distributes interactive entertainment software worldwide. The Company’s products are used in a variety of hardware platforms in the home video game market, including personal computers, Nintendo, and PlayStation. THQ’s products are primarily based on licenses from popular sports, movies, and arcade games.
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