What Does the Response to Home Mean For Facebook’s Top Institutional Shareholders?

Facebook (NASDAQ:FB): In one week, 500,000 have downloaded Facebook Home — but don’t appear too happy with it, awarding it with a 2.2 star rating out of 5 on Google’s Play Store. The number seems somewhat marginal for Facebook, which has a user pool of over 1 billion people — Instagram had over 1 million downloads in the first 24 hours of its Android release — but it is important to remember that only a handful of Android-powered devices are currently compatible with Home currently.

These institutional firms indicated owning shares of Facebook, Inc. in Q1 2013. They reported owning a total of 127.353 million shares on 03/31/2013. The shares closed at $25.58 on 03/31/2013.

EXCLUSIVE OFFER! Take Advantage of the Tax Relief 50% Off Sale for a Limited Time. CLICK HERE for your Weekly Stock Cheat Sheets NOW!

Here are the ten largest positions in Facebook, Inc. at the end of March 31st, 2013.

Vanguard Group Inc. held 41,628,225 shares on 03/31/2013 worth $1,064,849,992. This brought the portfolio total to 0.12%.

Baillie Gifford & Co. held 23,402,295 shares on 03/31/2013 worth $598,630,704. This brought the portfolio total to 1.89%.

Blackrock Institutional Trust Company N.A. held 13,834,769 shares on 03/31/2013 worth $353,893,390. This brought the portfolio total to 0.07%.

Blackrock Group Ltd held 7,633,936 shares on 03/31/2013 worth $195,276,082. This brought the portfolio total to 0.14%.

Bank of New York Mellon Corp. held 7,211,287 shares on 03/31/2013 worth $184,464,721. This brought the portfolio total to 0.06%.

Alliancebernstein L.P. held 3,980,336 shares on 03/31/2013 worth $101,816,995. This brought the portfolio total to 0.11%.

Wellcome Trust Ltd held 3,670,941 shares on 03/31/2013 worth $93,902,670. This brought the portfolio total to 1.2%.

Blackrock Advisors LLC held 3,259,217 shares on 03/31/2013 worth $83,370,771. This brought the portfolio total to 0.08%.

Pacific Heights Asset Management LLC held 2,530,000 shares on 03/31/2013 worth $64,717,400. This brought the portfolio total to 1.21%.

Blackrock Fund Advisors held 2,484,207 shares on 03/31/2013 worth $63,546,015. This brought the portfolio total to 0.02%.

Knowing which stocks have institutional support will help improve your investing skills, and teach you how to ride the waves of strong moves. In fact, “S = Support is Provided By Institutional Investors & Company Insiders” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute — click here and get our CHEAT SHEET stock picks now.

More Articles About:   , , ,