Will Amarin’s Positive Test Result Impress These Top Institutional Shareholders?

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Amarin Corporation (NASDAQ:AMRN) has announced that additional data from its phase 3 clinical trials of its Vascepa (icosapent ethyl) drug revealed that it achieved reductions in Apo C-III levels of 25.1 percent (p<0.0001) and 19.2 percent (p<0.0001) compared to placebo, respectively. The lipoprotein Apo C-III is thought to inhibit the clearance of triglycerides from the blood. People who do not produce Apo C-III have lower levels of triglycerides and lower instances of cardiovascular disease. “Amarin is proud of the robust performance of Vascepa in the MARINE and ANCHOR studies,” said Steven B. Ketchum, Ph.D., President of Research and Development of Amarin.

These institutional firms indicated owning shares of Amarin in Q1 2013. They reported owning a total of 6,650 shares on 03/31/2013. The shares closed at $7.41 on 03/31/2013.

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Here are the ten largest positions in Amarin at the end of March 31, 2013.

Tower Research Capital LLC held 6,650 shares on 03/31/2013 worth $49,000. This brought the portfolio total to 0.01%.

Abingworth LLP held 8,087,486 shares on 12/31/2012 worth $65,427,763. This brought the portfolio total to 37.18%.

Jennison Associates LLC held 7,532,968 shares on 12/31/2012 worth $60,941,712. This brought the portfolio total to 0.07%.

Franklin Resources held 5,017,794 shares on 12/31/2012 worth $40,593,954. This brought the portfolio total to 0.03%.

FMR LLC held 4,943,762 shares on 12/31/2012 worth $39,995,035. This brought the portfolio total to 0.01%.

Price T Rowe Associates held 4,137,400 shares on 12/31/2012 worth $33,471,567. This brought the portfolio total to 0.01%.

Invesco Ltd. held 3,798,607 shares on 12/31/2012 worth $30,730,731. This brought the portfolio total to 0.02%.

Susquehanna International Group held 3,196,600 shares on 12/31/2012 worth $25,860,000. This brought the portfolio total to 0.01%.

Sectoral Asset Management held 2,497,323 shares on 12/31/2012 worth $20,203,343. This brought the portfolio total to 0.71%.

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