Will Ericsson’s Contract With Reliance Communications Score With These Top Institutional Shareholders?

LM Ericsson Telephone Co. (NASDAQ:ERIC) won an eight year contract worth about $1 billion with Indian mobile operator Reliance Communications Ltd to manage the networks in the northern and western states of India. This is the second major award by the Indian firm after a similar contract was issued in January to Alcatel Lucent (NYSE:ALU) for their networks in eastern and southern India.

Will LM Ericsson Telephone Co.’s shareholders increase their holdings? They reported owning a total of 8.484 million shares on 12/31/2012. The shares closed at $10.10 on 12/31/2012.

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Here are the ten largest positions in LM Ericsson Telephone Co. at the end of December 31st, 2012.

Cullen/Frost Bankers Inc. held 1,151,926 shares on 12/31/2012 worth $11,634,453. This brought the portfolio total to 0.39%.

J.P Morgan Chase & Co. held 998,641 shares on 12/31/2012 worth $10,086,274. This brought the portfolio total to 0.0%.

Platte River Capital LLC. held 551,700 shares on 12/31/2012 worth $5,572,170. This brought the portfolio total to 0.54%.

Manning & Napier Advisors LLC.held 439,567 shares on 12/31/2012 worth $4,439,627. This brought the portfolio total to 0.02%.

Parametric Portfolio Associates LLC. held 426,908 shares on 12/31/2012 worth $4,311,771. This brought the portfolio total to 0.02%.

Fisher Asset Management LLC. held 421,840 shares on 12/31/2012 worth $4,260,584. This brought the portfolio total to 0.01%.

Gateway Investment Advisers LLC. held 397,252 shares on 12/31/2012 worth $4,012,245. This brought the portfolio total to 0.04%.

Al Frank Asset Management Inc. held 396,664 shares on 12/31/2012 worth $4,006,307. This brought the portfolio total to 0.63%.

World Asset Management Inc. held 377,616 shares on 12/31/2012 worth $3,813,922. This brought the portfolio total to 0.09%.

Bank of New York Mellon Corp. held 282,006 shares on 12/31/2012 worth $2,848,261. This brought the portfolio total to 0.0%.

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