Will UBS AG’s Agreement With The U.S Department Of Justice Soothe These Top Institutional Shareholders?

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UBS AG, (NYSE:UBS) the Swiss banking giant, announced that they had agreed with the United States Department of Justice and admitted to one count of wire fraud relating to manipulation of certain benchmark interest rates including the yen LIBOR. Further, the bank will pay a fine of $1.2 billion to U.S authorities, $260.2 million to the Financial Services Authorities (FSA) and $64.6 billion to Swiss regulators. Separately, the United Kingdom regulator FSA released documents which exposed the scale of the manipulation of the LIBOR rate and its casual and widespread prevalence on the UBS trading floor.

UBS AG’s shareholders decrease their holdings? They reported owning a total of 465.492 million shares on 09/30/2012. The shares closed at $12.18 on 09/30/2012.

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

Franklin Resources Inc. held 69,274,314 shares on 09/30/2012 worth $843,761,166. This brought the portfolio total to 0.55%.

FMR LLC. held 65,095,736 shares on 09/30/2012 worth $792,866,084. This brought the portfolio total to 0.14%.

Fil Ltd. held 56,895,436 shares on 09/30/2012 worth $692,986,428. This brought the portfolio total to 4.51%.

Wellington Management Co. LLP. held 39,051,738 shares on 09/30/2012 worth $475,650,181. This brought the portfolio total to 0.17%.

Zurcher Kantonalbank (Zurich Cantonalbank) held 25,010,762 shares on 09/30/2012 worth $304,631,089. This brought the portfolio total to 12.26%.

Goldman Sachs Group Inc. held 22,903,768 shares on 09/30/2012 worth $278,967,901. This brought the portfolio total to 0.11%.

Pzena investment management llc held 15,289,273 shares on 09/30/2012 worth $186,223,350. This brought the portfolio total to 1.55%.

Credit Agricole S. A. held 15,271,972 shares on 09/30/2012 worth $186,012,624. This brought the portfolio total to 0.85%.

Bank of New York Mellon Corp. held 13,954,078 shares on 09/30/2012 worth $169,960,674. This brought the portfolio total to 0.06%.

Alliance Bernstein L.P. held 12,295,084 shares on 09/30/2012 worth $149,754,127. This brought the portfolio total to 0.17%.

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