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To: Joe Copia who wrote (12084)8/13/1998 9:03:00 AM
From: Char  Read Replies (2) | Respond to of 18444
 
I believe Cede & Co holds shares that are in the street name for most brokerages.



To: Joe Copia who wrote (12084)8/13/1998 11:31:00 AM
From: Hari Abhyankar  Respond to of 18444
 
Re: Cede & Co.

I was just reading some info from Vicker's (the company that tracks institutional ownership) in their brochure they mention the following:

The largest single shareholder of record for many firms will often be "Cede & Co", the nominee name of the Depository Trust Corporation. The DTC will supply a Daily Position Report to every issuing firm whoser shares are currently held at the depository;

Hari