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FMR Reports Many of its Holdings, Including 13% in Skyworks Worth $355M - CBL
By Citybizlist Staff
BOSTON/WOBURN -- FMR LLC, the Boston-based parent of Fidelity Management & Research LLC, has disclosed stakes worth nearly a billion dollars in nine companies on Citybizlist's radar, including holdings worth more than $100 million each in three firms -- Skyworks Solutions Inc. (Nasdaq: SWKS), Commercial Metals Co. (NYE: CMC) and MasTec Inc. (NYSE: MTZ) -- according to Form 13G filings with the U.S. Securities and Exchange Commission.
FMR Chairman Edward C. Johnson III was listed as the reporting person as the investment giant disclosed holdings of $968.71 million total for the nine companies.
The firm said it owned 22.51 million shares, or a 12.8 percent stake, in Woburn, Mass.-based Skyworks, a chipmaker for wireless handsets. That stake is valued at $355.43 million, according to Skyworks' stock closing price of $15.79 on Tuesday.
FMR said it owned 12.53 million shares, or an 11.1 percent stake, in Irving, Texas-based Commercial Metals, a maker of metal products. The stake was valued at $222.4 million, according to the stock's Tuesday closing price of $17.75.
FMR said it owned 11.19 million shares, or a 14.58 percent stake, in Coral Gables, Fla.-based MasTec, a provider of telecommunications and energy infrastructure. The stake was valued at $145.47 million, based on the stock's closing price of $13 on Tuesday.
FMR reported ownership of 4.05 million shares, or a 19.79 percent stake, in Princeton, N.J.-based Heartland Payment Systems Inc. (NYSE: HPY), a payments processing company. The stake was valued at $69.61 million, according to the stock's Tuesday closing price of $17.19.
In Sunrise Senior Living Inc. (NYSE: SRZ), a McLean, Va.-based manager of senior care communities and nursing homes, FMR said it owned a 14.83 percent stake, amounting to 7.64 million shares and valued at $40.11 million, according to the stock's closing price of $5.25 on Tuesday.
FMR said it owned 3.3 million shares, or a 10.76 percent stake, in Perficient Inc. (Nasdaq: PRFT), an information technology consulting firm based in Austin, Texas. The holding was valued at $38.61 million, based on the stock's Tuesday closing price of $11.70.
In Atlanta-based Cbeyond Inc. (Nasdaq: CBEY), a provider of high-speed Internet and phone services, FMR reported a 9.58 percent stake, amounting to 2.77 million shares and valued at $33.96 million, according to the stock's closing price of $12.26 on Tuesday.
In Rue21 Inc. (Nasdaq: RUE), a specialty apparel retailer based in Warrendale, Pa., FMR said it held a 10.42 percent stake, amounting to 2.52 million shares and valued at $33.89 million, based on the stock's Tuesday closing price of $13.45.
FMR also said it owned 1.62 million shares, or a 5.88 percent stake, in James River Coal Co. (Nasdaq: JRCC), a Richmond, Va., coal miner. The stake was valued at $29.23 million, based on the stock's closing price of $17.72 on Tuesday.
Form 13G filings:
Rue21: http://tinyurl.com/yfq3mq6
Cbeyond: http://tinyurl.com/ye74pb5
Skyworks: http://tinyurl.com/y8958oc
Heartland Payment Systems: http://tinyurl.com/yk9fffo
Commercial Metals: http://tinyurl.com/ycb2yjl
Perficient: http://tinyurl.com/ygsr3bd
MasTec: http://tinyurl.com/yfsysce
Sunrise Senior Living: http://tinyurl.com/yknvccw
James River Coal: http://tinyurl.com/yh2acg9
Also at Citybizlist, see:
Fidelity Parent FMR, Paloma Partners Among Top Bank and Wall St. Contributors to Congress - CBL
Fidelity Cedes Top Spots in Cogent's Mutual Fund Rankings; Laudus 10th Best Fund Company - CBL
Fidelity Shoots Back in ETF Brokerage Price War with Commission-Free Access to iShares
Posted Mar 10, 2010
