This Is Bad News For Rio Tinto’s Top Institutional Shareholders

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Rio Tinto (NYSE:RIO): Following a stock slide across the board for mining companies on Monday, the industry is showing a little bit of rebound in the markets. However, Rio Tinto has reported that its 2013 refined copper production may be cut by as much as 100,000 tons, following a landslide from its Bingham Canyon mine in Utah. The company’s concentrator has been shut down entirely, while the smelter and refinery are operating at reduced levels.

These institutional firms indicated owning shares of Rio Tinto Plc in Q1 2013. They reported owning a total of 13.503 million shares on 03/31/2013. The shares closed at $47.08 on 03/31/2013.

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Here are the ten largest positions in Rio Tinto Plc at the end of March 31st, 2013.

Fisher Asset Management LLC held 10,072,840 shares on 03/31/2013 worth $474,229,000. This brought the portfolio total to 1.26%.

Pacific Heights Asset Management LLC held 2,500,000 shares on 03/31/2013 worth $117,700,005. This brought the portfolio total to 2.19%.

Parametric Portfolio Associates LLC held 255,900 shares on 03/31/2013 worth $12,047,772. This brought the portfolio total to 0.04%.

Cullen/Frost Bankers Inc. held 200,116 shares on 03/31/2013 worth $9,421,462. This brought the portfolio total to 0.5%.

Kempner Capital Management Inc. held 98,365 shares on 03/31/2013 worth $4,631,000. This brought the portfolio total to 1.85%.

Neville Rodie & Shaw Inc held 85,275 shares on 03/31/2013 worth $4,015,000. This brought the portfolio total to 0.48%.

BB&T Corp. held 47,608 shares on 03/31/2013 worth $2,242,000. This brought the portfolio total to 0.09%.

Seaward Management Limited Partnership held 41,304 shares on 03/31/2013 worth $1,944,592. This brought the portfolio total to 0.12%.

Private Capital Advisors Inc. held 39,275 shares on 03/31/2013 worth $1,849,067. This brought the portfolio total to 0.73%.

Profund Advisors LLC held 30,933 shares on 03/31/2013 worth $1,456,326. This brought the portfolio total to 0.09%.

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