What do you make of these recently reported huge institutional buys?
Why has the share price been falling so much if there was so many big institutional buys? When were these buys actually made? Have they been selling these buys already? Why would they be making such huge buys if they thought BK was on the table? Who were they buying from? Retail? All of these huge buys have been reported just in the last month. Any insight on how there could be so many recently reported huge institutional buys and the stock be at 20 cents?
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Adage Capital Partners Gp Llc Institution 2008-11-17
New Holding
2,760,000 shares
Millennium Management Llc Institution 2008-11-17
New Holding
1,550,333 shares
Jennison Associates Llc Institution 2008-11-14
New Holding
61,931,684 shares
Rockefeller Financial Services Inc Institution 2008-11-14
New Holding
1,534,101 shares
Tracer Capital Management L P Institution 2008-11-14
New Holding
10,135,970 shares
Citigroup Inc Institution 2008-11-14
Added More
8,759,661 shares - Total Shares = 10,457,314
Goldman Sachs Group Inc Institution 2008-11-14
Added More
7,023,867 shares - Total Shares = 11,244,513
Zazove Associates Llc Institution 2008-11-14
Added More
1,623,000 shares - Total Shares = 2,048,000
Mlt Management Llc Institution 2008-11-14
Added More
3,000,000 shares - Total Shares = 10,000,000
Oppenheimer Funds Inc Institution 2008-11-14
Added More
12,643,300 shares - Total Shares = 83,658,086
Highbridge Capital Management Llc Institution 2008-11-14
New Holding
8,335,774 shares
Tiaa Cref Investment Management Llc Institution 2008-11-14
Added More
12,330,920 shares - Total Shares = 23,170,362
Capital Research Global Investors Institution 2008-11-14
New Holding
17,641,000 shares
Pentwater Capital Management Lp Institution 2008-11-14
Added More
2,918,040 shares - Total Shares = 3,118,040
Intrepid Capital Management Inc Institution 2008-11-14
Added More
36,302,213 shares - Total Shares = 38,195,013
Shaw D E And Co Inc Institution 2008-11-14
Added More
1,324,038 shares - Total Shares = 2,763,534
Lehman Brothers Holdings Inc Institution 2008-11-14
New Holding
6,459,223 shares
Price T Rowe Associates Inc Institution 2008-11-14
Added More
84,350,159 shares - Total Shares = 84,673,669
Geode Capital Management Llc Institution 2008-11-14
Added More
3,122,581 shares - Total Shares = 5,288,132
Platinum Investment Management L L C Institution 2008-11-14
New Holding
2,729,727 shares
Interlachen Capital Group Lp Institution 2008-11-14
New Holding
1,326,557 shares
Dkr Capital Partners Lp Institution 2008-11-14
New Holding
1,500,000 shares
Stark Offshore Management Llc Institution 2008-11-14
New Holding
1,645,880 shares
Janus Capital Management Llc Institution 2008-11-14
Added More
8,330,200 shares - Total Shares = 9,342,200
Morgan Stanley Institution 2008-11-14
Added More
1,591,153 shares - Total Shares = 3,673,013
Hbk Investments L P Institution 2008-11-14
New Holding
1,189,272 shares
Pnc Financial Services Group Inc Institution 2008-11-14
Added More
2,670,616 shares
Teachers Advisors Inc Institution 2008-11-14
Added More
1,459,851 shares - Total Shares = 2,068,796
Barclays Plc Institution 2008-11-14
Added More
6,063,189 shares - Total Shares = 7,242,747
Fmr Corp Institution 2008-11-14
New Holding
24,983,371 shares
Ubs Ag Institution 2008-11-13
Added More
1,292,105 shares - Total Shares = 1,945,673
Td Asset Management Inc Institution 2008-11-13
Added More
1,349,738 shares - Total Shares = 3,531,426
Merrill Lynch And Co Inc Institution 2008-11-13
Added More
934,037 shares - Total Shares = 2,668,869
California Public Employees Retirement System Institution
2008-11-13
Added More
10,761,346 shares - Total Shares = 15,131,446
Credit Suisse Institution 2008-11-13
Added More
1,450,681 shares - Total Shares = 2,826,825
Schneider Capital Management Corp Institution 2008-11-13
New Holding
16,828,471 shares
United States Steel And Carnegie Pension Fd Institution
2008-11-13
New Holding
11,243,320 shares
Northern Trust Corp Institution 2008-11-13
Added More
5,848,527 shares - Total Shares = 11,263,171
Proshare Advisors Llc Institution 2008-11-12
Added More
2,467,022 shares - Total Shares = 3,502,684
State Of Wisconsin Investment Board Institution 2008-11-12
New Holding
1,278,576 shares
Legal And General Group Plc Institution 2008-11-12
Added More
5,579,502 shares - Total Shares = 9,424,684
Padco Advisors Inc Institution 2008-11-12
Added More
938,442 shares - Total Shares = 1,833,872
Tcw Group Inc Institution 2008-11-12
Added More
8,581,278 shares - Total Shares = 13,172,088
Ameriprise Financial Inc Institution 2008-11-10
Added More
168,511,353 shares - Total Shares = 174,858,091
California State Teachers Retirement System Institution
2008-11-07
Added More
3,567,233 shares - Total Shares = 4,847,862
Cypress Funds Llcca Institution 2008-11-07
Added More
11,000,000 shares - Total Shares = 18,305,000
Schwab Charles Investment Management Inc Institution
2008-11-06
New Holding
1,327,888 shares
Vanguard Group Inc Institution 2008-11-06
Added More
81,164,684 shares - Total Shares = 81,317,278
Avenir Corp Institution 2008-11-05
Added More
4,604,999 shares - Total Shares = 7,297,372
Russell Frank Co Institution 2008-11-03
New Holding
8,943,294 shares
Bank Of New York Mellon Corp Institution 2008-10-31 Added More
7,269,279 shares - Total Shares = 12,037,884
Administration Of Florida Retirement System Institution
2008-10-30
Added More
3,864,346 shares - Total Shares = 7,608,299
Merrill Lynch Mercury Asset Management Japan Ltd Institution -2008-10-30
Added More
627,299 shares - Total Shares = 1,298,599
Blackrock Investment Management Llc Institution
2008-10-30
Added More
1,263,497 shares - Total Shares = 2,794,990
Public Employees Retirement System Of Ohio Institution 2008-10-27
Added More
1,971,997 shares - Total Shares = 4,230,303
Pinnacle Associates Ltd Institution 2008-10-20
Added More
7,398,550 shares - Total Shares = 7,422,099
=====================================
Other large institutional positions that were maintained with little or no change..............
Apollo Management Iv Lp Institution 2008-11-13
91,857,857 current shares
Barclays Global Investors Uk Holdings Ltd Institution
2008-11-12
82,359,262 current shares
Clearbridge Advisors Llc Institution 2008-11-13
33,976,242 current shares
Legg Mason Partners Aggressive Growth Fund (Legg Mason Partners Equity Trust) Multi-Cap Growth 2008-11-07
21,973,400 current shares
Ing Groep Nv Institution 2008-11-14
10,099,259 current shares
Moore Capital Management Lp Institution 2008-11-14
5,234,390 current shares
Axa Institution 2008-11-14
4,732,777 current shares
Vanguard Growth Index Fund (Vanguard Index Funds)
Large-Cap Growth
2008-08-29
3,396,210 current shares
Ubs Global Asset Management Americas Inc Institution
2008-11-13
3,209,635 current shares
Susquehanna International Group Llp Institution
2008-11-14
2,258,085 current shares
Amvescap Plc Institution 2008-11-13
1,610,796 current shares
Vanguard Explorer Fund (Vanguard Explorer Fund) Small-Cap Growth
2008-09-29
1,600,300 current shares
Value Fund (Usaa Mutual Funds Trust) Multi-Cap Value
2008-10-29
1,543,300 current shares
Ishares Morningstar Mid Growth Index Fund (Ishares Trust) Mid-Cap Growth
2008-11-07
1,495,718 current shares
Schwab 1000 Index Fund (Schwab Investments) Multi-Cap Core 2008-11-07
1,257,508 current shares
=====================================
While the buys outnumbered the sells by far, I wanted to note the handful of large sells. Here are all of the sells over a million shares reported in the last month....
Ing Investments Llc Institution 2008-11-14
Sold All
8,952,059 shares
Dawson Herman Capital Management Inc Institution 2008-11-14 Sold All
4,000,000 shares
Riversource Mid Cap Growth Fund (Riversource Equity Series Inc) Mid-Cap Growth
2008-10-30
Sold All
3,907,543 shares
Norges Bank Institution 2008-11-17
Sold All
3,260,431
Legg Mason Partners Aggressive Growth Portfolio (Met Investors Series Trust) Multi-Cap Growth 2008-11-14
Sold All
2,481,200
Davidson Kempner Capital Management Llc Institution
2008-11-14
Sold All
2,443,222 shares
Marshall Wace North America L P Institution 2008-11-14
Sold All
2,042,919 shares
Trafalgar Asset Managers Ltd Institution 2008-11-14 Sold All
1,990,000 shares
1798 Global Partners Ltd Institution 2008-11-14
Sold All
1,505,000 shares
Taconic Capital Advisors Lp Institution 2008-11-14
Sold Some
1,424,800 shares
Satellite Asset Management Lp Institution 2008-11-13
Sold All
1,005,000
And that was all of the sells over a million shares reported in the last month....