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Thursday, May 10, 2007

AXA Reduces Position In XMSR

AXA reported they have reduced their position to 12,997,000 shares of XMSR as of April 30, 2007, or 4.2%. That is down from 31,277, 000 at the end of 2006, when they were XM’s largest institutional shareholder. No doubt this has been a source of the selling pressure on XM over the last several weeks.

Here's the LINK to the SEC filing.

5/10/2007 08:00:00 AM


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