Hedge fund loser’s in RIMM

Posted on May 30th, 2012 by whalewisdom

Research in Motion (RIMM) is continuing to sink today down around 7.4% after warning that its business is deteriorating and will likely lose money again this quarter.  Below are just a few notable funds that held shares in RIMM as recently as March 31.  Go here to see the complete 13f action in RIMM including any funds fortunate enough to close out of their position or invest in PUT options.

Potential Losers

Filer Shares Held Market Value % of
Portfolio
Prior
% of Portfolio
Ranking Change in
Shares
FAIRFAX FINANCIAL HOLDINGS LTD/ CAN 26,848,500 $ 394,672,945 17.79% 10.10% 1 14,050,200
WILLIAM HARRIS INVESTORS INC 505,000 $ 7,423,500 2.44% 2.39% 12 2,000
LINCLUDEN MANAGEMENT LTD 1,312,345 $ 19,291,471 1.66% 1.56% 19 162,345
LINGOHR & PARTNER ASSET MANAGEMENT GMBH 1,399,530 $ 20,573,091 1.78% 1.32% 11 399,600
YACKTMAN ASSET MANAGEMENT CO/IL 9,652,516 $ 141,891,983 0.97% 1.14% 27 46,062
HEXAVEST INC. 1,680,928 $ 24,709,641 0.64% 0.67% 53 191,368
CIBC WORLD MARKETS INC. 6,367,549 $ 93,602,969 0.48% 0.61% 32 906,501
NEXUS INVESTMENT MANAGEMENT INC. 158,360 $ 2,174,283 0.59% 0.58% 30 24,050
COATUE MANAGEMENT LLC 2,553,791 $ 37,540,727 0.76% 0.39% 21 1,799,740
GCIC LTD. 4,657,683 $ 68,467,939 0.31% 0.34% 90 3,281
GREAT OAKS CAPITAL MANAGEMENT, LLC(CALL) 337,600 $ 4,960,000 0.80% 0.31% 461 270,600
BLACKROCK INC. 9,800,373 $ 144,065,481 0.25% 0.28% 77 640,900
PRIMECAP MANAGEMENT CO/CA/ 28,029,023 $ 412,026,633 0.63% 0.68% 51 -384,350
MANUFACTURERES LIFE INSURANCE CO 9,597,239 $ 141,079,411 1.54% 1.50% 19 -1,370,765
SOUNDPOST PARTNERS, LP 75,000 $ 1,102,500 1.35% 1.48% 9 No Change
MEDITOR GROUP LTD 1,804,200 $ 26,521,740 3.47% 4.15% 9 -291,800

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