Will SUPERVALU’s Top Institutional Shareholders HANG ON After Earnings?

Year-to-date, SUPERVALU Inc.’s (NYSE:SVU) shares are down 66.87 percent. On Wednesday, the company reported its first quarter earnings with an earnings per share of $0.19, down from the previous year’s $0.35. It suspended its identical store sales, earnings per share guidance and dividend; it also withdrew prior guidance for the fiscal year 2013.

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On Thursday, the company’s shares hit a new low for 2012.

With the weak first quarter earnings report, will SUPERVALU’s largest shareholders decrease their holdings? 15 institutional firms indicated owning shares of SUPERVALU Inc. (NYSE:SVU) in Q2 2012. These firms reported owning a total of 4.558 million shares on 06/30/2012. The shares closed at $5.18 on 06/30/2012.

Here are the ten largest positions in SUPERVALU Inc. at the end of June 30th, 2012.

Hexavest Inc. held 3,492,724 shares on 06/30/2012 worth $18,092,310. This brought the portfolio total to 0.48%.

Thompson Rubinstein Investment Management Inc /OR/ held 438,811 shares on 06/30/2012 worth $2,273,041. This brought the portfolio total to 1.22%.

Marathon Asset Management LLP held 198,498 shares on 06/30/2012 worth $1,028,220. This brought the portfolio total to 0.01%.

Oregon Public Employees Retirement Fund held 158,390 shares on 06/30/2012 worth $820,460. This brought the portfolio total to 0.05%.

Gateway Investment Advisers LLC held 107,783 shares on 06/30/2012 worth $558,316. This brought the portfolio total to 0.01%.

Livforsakringsaktiebolaget Skandia (PUBL) held 46,943 shares on 06/30/2012 worth $243,165. This brought the portfolio total to 0.24%.

Livingston Group Asset Management Co (operating as southport capital management) held 33,950 shares on 06/30/2012 worth $175,861. This brought the portfolio total to 0.18%.

Huntington National Bank held 30,330 shares on 06/30/2012 worth $157,109. This brought the portfolio total to 0.0%.

Park National Corp /OH/ held 25,081 shares on 06/30/2012 worth $129,920. This brought the portfolio total to 0.01%.

Tradeworx Inc. held 22,773 shares on 06/30/2012 worth $117,964. This brought the portfolio total to 0.09%.

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