Will Shell’s China Expansion Thrill These Top Institutional Shareholders?

Royal Dutch Shell (NYSE:RDSA) plans to spend $1 billion in the development of China’s shale gas reserves, according to Peter Voser, the company’s chief executive, Bloomberg reports. Shell obtained government approval for its production sharing contract with China National Petroleum Corp., which is the nation’s biggest oil and gas company, Voser stated via an interview in Beijing today. He did not specify a timeline or other details for the $1 billion investment, but China has started working with overseas partners to introduce hydraulic fracturing, the technology known as fracking that breaks open underground shale rocks to release natural gas, in an attempt to boost domestic consumption of the cleaner-burning fuel. Shell and CNPC had drilled 24 wells by November and planned 14 more this year, Maarten Wetselaar, executive vice president of Shell Upstream International, stated on November 15.

These institutional firms indicated owning shares of Royal Dutch Shell in Q4 2012. They reported owning a total of 267.787 million shares on 12/31/2012. The shares closed at $4.55 on 12/31/2012.

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Here are the ten largest positions in Royal Dutch Shell at the end of December 31, 2012.

FMR LLC held 31,176,608 shares on 12/31/2012 worth $2,149,627,026. This brought the portfolio total to 0.39 percent.

Capital Research Global Investors held 22,203,200 shares on 12/31/2012 worth $1,530,910,572. This brought the portfolio total to 0.73 percent.

Franklin Resources Inc held 13,460,826 shares on 12/31/2012 worth $928,123,912. This brought the portfolio total to 0.59 percent.

Price t Rowe Associates Inc /MD/ held 12,224,702 shares on 12/31/2012 worth $842,893,166. This brought the portfolio total to 0.25 percent.

Capital World Investors held 12,084,100 shares on 12/31/2012 worth $833,198,658. This brought the portfolio total to 0.31 percent.

Dodge & Cox held 11,874,653 shares on 12/31/2012 worth $818,757,288. This brought the portfolio total to 1.1 percent.

Wellington Management Co LLP held 9,158,207 shares on 12/31/2012 worth $631,458,345. This brought the portfolio total to 0.04 percent.

Ameriprise Financial Inc held 7,315,239 shares on 12/31/2012 worth $504,385,707. This brought the portfolio total to 0.38 percent.

Allianz Asset Management AG held 6,884,155 shares on 12/31/2012 worth $474,662,466. This brought the portfolio total to 0.57 percent.

Invesco Ltd. held 5,631,938 shares on 12/31/2012 worth $388,322,108. This brought the portfolio total to 0.21 percent.

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