FIO Institutions and Funds Hold 50% of Float

Here’s the table direct from YAHOO:

Top Institutional Holders
Holder Shares % Out
FMR LLC 3,690,000 4.42
TCW GROUP, INC. (THE) 3,681,292 4.41
NEA Management Company, LLC 25,935,930 31.1
GILDER, GAGNON, HOWE & CO. 1,740,931 2.09
Capital Research Global Investors 970,189 1.16
LORD ABBETT & CO 937,364 1.12
Valinor Management, LLC 750,000 0.9
THORNBURG INVESTMENT MANAGEMENT INC. 636,816 0.76
JAT Capital Management, L.P. 589,800 0.71
EAGLE ASSET MANAGEMENT, INC. 559,887 0.67
47.34
Top Mutual Fund Holders
Holder Shares % Out
FIDELITY GROWTH COMPANY FUND 2,586,756 3.1
TCW SMALL CAP GROWTH FUND 744,451 0.89
THORNBURG CORE GROWTH FUND 630,700 0.76
LORD ABBETT DEVELOPING GROWTH FUND 397,549 0.48
Allianz Fds-RCM Technology Fd 316,110 0.38
Eagle Series Tr-Eagle Small Cap Growth Fund 305,360 0.37
FIDELITY OTC PORTFOLIO 298,124 0.36
FIDELITY CANADIAN GROWTH COMPANY FUND 264,590 0.32
FIDELITY ADVISOR GROWTH OPPORTUNITIES FUND 207,800 0.25
JP MORGAN SMALL CAP GROWTH FUND 199,330 0.24
7.15

As a comparison, OCZ is at 81% and STEC is at 87%.  The reason is simply there are not enough shares of FIO to go around.  That will change next month when an additional release of shares comes online and institutions can purchase without triggering SEC-required reporting

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: