Institutional investors purchased a net $10.4 million shares of LO during the quarter ended December 2013 and now own 96.29% of the total shares outstanding. This majority interest is a greater percentage than is typical for companies in the Tobacco industry and highlights that the smart money sees this stock as an important holding.
Mutual fund holders
Largest Quarterly Institutional Transactions
Latest Institutional Activity
FIDELITY MANAGEMENT & RESEARCH C... Bought 5.3 Million shares of Lorillard Inc
JPMORGAN INVESTMENT MANAGEMENT, ... Bought 1.6 Million shares of Lorillard Inc
ROBECO INVESTMENT MANAGEMENT, IN... Bought 1.4 Million shares of Lorillard Inc