Who "Controls" The 30 Companies In The Dow Industrial Index - 2008
The main point of showing this information is to show that 1% or less of institutional shareholders
control a large chunk of the corporation, leaving much less for the other 99% to share.Take American Express for example:
Although the Top 10 Major Holders make up less than 1% of 1094 holders,
they control over 38% of the shares. How they vote these shares, according to their private agenda,
may or may not be in the interest of the other 99% of the shareholders of that corporation.
What you should find interesting is that these major holders are also the major holders of banks
and commodity exchanges, as documented here.
Very twisted folks financially involved in most everything,
which explains most our current economic problems.This is information as of 30-Jun-2008, the latest available today.
Column [1] shows the percentage of Top 10 Major Holders to the total number of institutional holders.
Column [2] shows the total number of institutional holders.
Under each year-column is the minimum percentage the TOP 10 Major Holders controlled in that year.
I say minimum because the Major Holders also control funds that also have investments in the same company.The corporation's name is linked to the breakdown of its TOP 10 Major Holders.
You can now drill down for the last three years to see the trends.
Components of Dow Index [1] [2] 2008 2007 2006 Alcoa 1.3% 756 34.33% 30.29% 40.45% American Express 0.9% 1094 38.40% 37.38% 37.85% A T & T 0.7% 1389 25.00% 28.33% 32.34% Bank of America 0.7% 1347 23.46% 25.05% 24.42% Boeing Corporation 1.1% 944 30.95% 33.01% 36.39% Caterpillar Inc. 1.0% 986 29.99% 26.26% 27.62% Chevron Corp. 0.7% 1480 26.22% 27.16% 26.84% Citigroup 0.8% 1203 26.16% 24.77% 25.01% Coca-Cola Co. 0.8% 1298 29.46% 31.25% 30.44% EI DuPont de Nemours & Co. 1.0% 991 26.35% 31.81% 30.03% Exxon Mobil Corp. 0.6% 1654 21.10% 20.61% 19.66% General Electric Co. 0.6% 1712 20.62% 22.64% 21.95% General Motors Corporation 2.4% 415 64.41% 51.92% 59.25% Hewlett-Packard Co. 0.8% 1215 29.31% 31.96% 30.01% The Home Depot, Inc 1.0% 1008 24.72% 22.92% 27.18% Honeywell International Inc. 1.1% 905 38.16% 39.04% 35.74% Intel Corporation 0.7% 1429 22.50% 21.72% 22.60% International Business Machines Corp. 0.7% 1461 23.58% 27.15% 23.12% Johnson & Johnson 0.6% 1652 22.33% 22.71% 25.45% JP Morgan Chase 0.7% 1373 26.57% 28.37% 26.72% Merck & Co. Inc. 0.9% 1133 30.68% 30.87% 30.49% Microsoft Corporation 0.6% 1698 21.88% 22.76% 21.45% 3M Co. 0.8% 1183 24.13% 24.16% 27.51% Pfizer Inc. 0.7% 1429 24.73% 25.19% 21.49% Procter & Gamble Co. 0.7% 1522 22.98% 22.98% 22.02% United Technologies Corp. 0.8% 1214 32.66% 31.50% 31.04% Verizon Communications Inc. 0.8% 1181 27.24% 26.49% 24.24% Wal-Mart Stores Inc. 0.8% 1304 14.77% 14.87% 14.57% Walt Disney Co. 0.9% 1100 27.33% 26.31% 27.75%
© 2008 by Edward Ulysses Cate
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