Will Exxon Mobil’s Spill Troubles Put Off These Top Institutional Shareholders?

Exxon Mobil (NYSE:XOM) is still cleaning up a pipeline spill that spewed thousands of barrels of heavy Canadian crude into Arkansas, and opponents of oil sands development used this incident to attack plans for the construction of the Keystone XL line. On Sunday, Exxon spokesman Alan Jeffers stated that crews had not yet excavated the area around the pipeline breach, a needed step before the company is able to estimate the length of time repairs will take and when the line might restart. “I can’t speculate on when it will happen,” Jeffers said. “Excavation is necessary as part of an investigation to determine the cause of the incident.”

These institutional firms indicated owning shares of Exxon Mobil in Q1 2013. They reported owning a total of 0 shares on 03/31/2013. The shares closed at $90.11 on 03/31/2013.

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

Vanguard Group Inc held 214,431,789 shares on 12/31/2012 worth $18,559,071,992. This brought the portfolio total to 2.32 percent.

State Street Corp held 191,264,000 shares on 12/31/2012 worth $16,553,899,784. This brought the portfolio total to 2.4 percent.

Blackrock Institutional Trust Company N.A. held 125,978,790 shares on 12/31/2012 worth $10,903,464,659. This brought the portfolio total to 2.54 percent.

Bank of New York Mellon Corp held 73,336,300 shares on 12/31/2012 worth $6,347,256,989. This brought the portfolio total to 2.24 percent.

NEW! Discover a new stock idea each week for less than the cost of 1 trade. CLICK HERE for your Weekly Stock Cheat Sheets NOW!

Northern Trust Corp held 68,501,396 shares on 12/31/2012 worth $5,928,796,033. This brought the portfolio total to 2.44 percent.

Wellington Management Co LLP held 61,732,474 shares on 12/31/2012 worth $5,342,945,813. This brought the portfolio total to 0.37 percent.

FMR LLC held 54,328,796 shares on 12/31/2012 worth $4,702,157,460. This brought the portfolio total to 0.85 percent.

JPMorgan Chase & Co held 48,297,501 shares on 12/31/2012 worth $4,180,148,859. This brought the portfolio total to 1.45 percent.

Bank of America Corp /DE/ held 43,177,050 shares on 12/31/2012 worth $3,736,973,809. This brought the portfolio total to 1.84 percent.

Blackrock Fund Advisors held 41,516,242 shares on 12/31/2012 worth $3,593,230,872. This brought the portfolio total to 1.61 percent.

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:   ,