Will AT&T’s Possible TV Entry Make These Top Institutional Shareholders Happy?
Aereo is the web television startup that is backed by media mogul Barry Diller, and it has discussed partnerships with major pay-TV distributors and Internet service providers, including AT&T (NYSE:T) and Dish Network (NASDAQ:DISH) as it attempt to to roll out its fledgling service to more markets, The Wall Street Journal reported. Aereo streams local TV broadcast signals over the web for a fee, and it is currently only available in the New York City region. It is possible that it may expand its reach significantly if it joins forces with cable, satellite, or phone concerns. Discussions between Aereo and telecom operators have not come to any agreements. A big issue that is being considered is the legal uncertainty surrounding the startup. Aereo has been battling a suit by broadcasters, claiming that Areo is violating copyright law, partially because it it reformats and retransmits their signals without permission. It then charges a fee to its subscribers.
These institutional firms indicated owning shares of AT&T in Q1 2013. They reported owning a total of 162,281 shares on 03/31/2013. The shares closed at $36.69 on 03/31/2013.
Here are the ten largest positions in AT&T at the end of March 31, 2013.
Neville, Rodie & Shaw Inc held 162,281 shares on 03/31/2013 worth $5,954,000. This brought the portfolio total to 0.71 percent.
Vanguard Group Inc held 255,585,884 shares on 12/31/2012 worth $8,615,799,916. This brought the portfolio total to 1.08 percent.
State Street Corp held 240,342,310 shares on 12/31/2012 worth $8,101,939,050. This brought the portfolio total to 1.17 percent.
Evercore Trust Company N.A. held 236,591,214 shares on 12/31/2012 worth $7,975,489,607. This brought the portfolio total to 32.86 percent.
Blackrock Institutional Trust Company N.A. held 156,410,572 shares on 12/31/2012 worth $5,272,600,239. This brought the portfolio total to 1.23 percent.
Capital Research Global Investors held 110,599,930 shares on 12/31/2012 worth $3,728,323,539. This brought the portfolio total to 1.78 percent.
Bank of New York Mellon Corp held 83,364,487 shares on 12/31/2012 worth $2,810,216,780. This brought the portfolio total to 0.99 percent.
Northern Trust Corp held 78,531,043 shares on 12/31/2012 worth $2,647,281,388. This brought the portfolio total to 1.09 percent.
Price T Rowe Associates Inc /MD/ held 75,934,975 shares on 12/31/2012 worth $2,559,767,938. This brought the portfolio total to 0.75 percent.
Wellington Management Co LLP held 72,522,164 shares on 12/31/2012 worth $2,444,722,082. This brought the portfolio total to 0.17 percent.
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