Will Fusion-IO’s New Cisco Deal Cause These Top Institutional Shareholders to Dollar Cost Average?

This year, Fusion-IO’s (NYSE:FIO) shares are down 21 percent. On Monday, the company announced an equipment manufacturing agreement with Cisco Systems Inc (NASDAQ:CSCO). Its Fusion ioMemory will now be used in Cisco’s UCS B-series blade servers (USC). The UCS’ next-generation data center platform combines compute, network, storage access, and virtualization into a system that reduces the total cost of ownership and raises business agility.

David Flynn, Fusion-io CEO and Chairman said in a press release, “Enterprises trust Cisco to provide extremely reliable, innovative solutions that meet their current computing needs while anticipating future growth. Cisco’s outstanding engineering team will not accept any performance compromises for its blade server customers. Whether information technology professionals need to support enterprise applications or virtualization, we’re proud to help Cisco deliver on customer expectations of nothing but exceptional technology.”

With the new Cisco partnership, will Fusion-IO’s largest shareholders increase their holdings? 233 institutional firms indicated owning shares of Fusion-IO, Inc. (NYSE:FIO) in Q1 2012. These firms reported owning a total of 78.035 million shares on 03/31/2012. The shares closed at $28.41 on 03/31/2012.

Here are the ten largest positions in Fusion-IO, Inc. at the end of March 31st, 2012.

Nea Management Company LLC held 13,682,619 shares on 03/31/2012 worth $388,723,204. This brought the portfolio total to 15.26%.

Fmr LLC held 13,517,204 shares on 03/31/2012 worth $384,023,764. This brought the portfolio total to 0.07%.

Tcw Group Inc held 4,700,579 shares on 03/31/2012 worth $133,543,449. This brought the portfolio total to 0.55%.

Gilder Gagnon Howe & Co LLC held 2,843,501 shares on 03/31/2012 worth $80,783,863. This brought the portfolio total to 0.01%.

Rcm Capital Management LLC held 2,805,310 shares on 03/31/2012 worth $79,698,857. This brought the portfolio total to 0.27%.

GCIC Ltd. held 2,159,193 shares on 03/31/2012 worth $61,342,673. This brought the portfolio total to 0.27%.

Vanguard Group Inc held 1,922,857 shares on 03/31/2012 worth $54,628,367. This brought the portfolio total to 0.01%.

Oppenheimer Funds Inc held 1,869,040 shares on 03/31/2012 worth $53,099,426. This brought the portfolio total to 0.09%.

Lord Abbett & Co. LLC held 1,573,537 shares on 03/31/2012 worth $44,704,186. This brought the portfolio total to 0.1%.

Blackrock Advisors LLC held 1,545,628 shares on 03/31/2012 worth $43,911,291. This brought the portfolio total to 0.04%.

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