I tried to answer my own question about the reason for institutional
holding differences across the 41 stocks. I thought I would see if
market cap had anything to do with it. Based on closing prices
Friday, the market cap was computed for each stock. Then the table
was sorted by descending size of market cap.
Nothing pops out at me with the exception of noting that every once
in awhile, when going down the column, a relatively low institutional
holding will pop out. Candidates are: ASMLF, DPMI, WFR, SMTL, MTSN,
NANO and TGAL.
Note ASEC, the last one in the table, with 32 institutions holding
shares and a $5M market cap. That's an average of $156K per
institution. I'll bet that's not the value at which they entered.:)
NBR PERCENT
SHARES INSTITNS INSTITNS MKT
OUTS HOLD HOLD CAP
SYMBOL COMPANY (000) SHARES SHARES (M)
AMAT Applied Materials 365,627 985 60 8684
ASMLF ASM Lithography Holdings 138,000 238 18 2570
KLAC KLA Instruments 86,873 579 78 1933
TER Teradyne 84,002 453 88 1559
NVLS Novellus Systems 34,093 276 84 852
ETEC Etec System 22,063 235 97 645
LRCX Lam Research 38,219 246 87 449
DPMI Dupont Photomasks 15,169 98 19 413
UTEK Ultratech Stepper 21,032 120 35 337
PLAB Photronics 24,397 192 56 334
SVGI Silicon Valley Group 32,570 147 69 334
CYMI Cymer 28,567 134 26 321
CMOS Credence Systems 21,649 161 90 300
KLIC Kulicke & Soffa Industries 23,344 206 60 277
ATMI ATMI Inc 20,501 134 46 267
PRIA Pri Automation 19,749 182 48 244
WFR MEMC Electronic Materials 41,440 86 23 228
VECO Veeco Instruments 8,966 90 56 226
HELX Helix Technology 22,217 144 52 222
EGLS Electroglas 19,723 142 69 192
SFAM SpeedFAM 16,118 144 54 183
WJ Watkins Johnson 8,258 109 71 167
COHU Cohu 9,736 92 40 163
FSII FSI International 22,910 78 63 145
ASYT Asyst Technologies 12,149 133 66 118
IPEC Integrated Process Equipment 17,712 149 80 111
BRKS Brooks Automation 10,113 69 60 83
SMTL Semitool 13,792 47 14 83
GSNX Gasonics 14,169 52 50 60
LTXX LTX 35,334 74 50 60
MTSN Mattson Technology 14,706 22 17 51
CFMT CFM Technologies 7,931 79 43 49
MASK Align-Rite International 4,466 34 58 47
IMSC Integrated Measurement Systems 7,544 28 56 45
SFLX Smartflex Systems 6,431 21 45 41
NANO Nanometrics 8,664 18 14 37
AFLX Adflex Solutions 8,843 59 49 34
TGAL Tegal 10,568 25 16 30
MICN Micrion 4,063 26 28 25
PHTN Photon Dynamics 7,321 15 27 17
ASEC Aseco 3,715 32 64 5
AVERAGE 32018 150 52 370 |
