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$202,813,000.00 Worth of Xerox stocks Baught Up in 3Q 2011
Xerox: Institutional Investors Buying Shares in Third Quarter
Insiders are generally long-term investors due to restriction in making short-term profits. In contrast, wealth management institutions always have short-term investment. Wall St. Watchdog reveals information regarding the insiders and institutions which recently increased stock shares of Xerox Corp. (NYSE:XRX).SEC data indicate that these institutions significantly increased their stock shares of Xerox Corp. in Q3 2011:
SYSTEMATIC FINANCIAL MANAGEMENT LP: On 06/30/2011, held 0 shares. On 09/30/2011, held 7,355,677 shares, worth $76,131,257.
TIGER GLOBAL MANAGEMENT LLC: On 06/30/2011, held 0 shares. On 09/30/2011, held 5,190,000 shares, worth $53,716,500.
MERITAGE GROUP LP: On 06/30/2011, held 0 shares. On 09/30/2011, held 2,950,000 shares, worth $30,532,500.
SPRING POINT CAPITAL LLC: On 06/30/2011, held 0 shares. On 09/30/2011, held 2,217,350 shares, worth $22,949,573.
STATE OF NEW JERSEY COMMON PENSION FUND A: On 06/30/2011, held 0 shares. On 09/30/2011, held 1,900,000 shares, worth $19,665,000.
About the company: Xerox Corporation develops, manufactures, markets, services, and finances a range of document processing products and services for use in offices around the world. The Company also, through subsidiaries, provides network management, consulting, design, and integration services for medium and large companies.
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