The Top 10 Most Widely Held ADRs

The top 10 widely held ADRs by institutions as measured by ownership value as of December 31, 2010 are listed below in descending order:

1.Name: America Movil (AMX)
Sector: Telecom
Country: Mexico

2.Name: Teva Pharmaceuticals (TEVA)
Sector: Generic Drugs
Country: Israel

3.Name: UBS AG (UBS)
Sector: Financial Services
Country: Switzerland

4.Name: VALE SA (VALE)
Sector: Mining
Country: Brazil

5.Name: VALE SA – Preferred (VALE.P)
Sector: Mining
Country: Brazil

6.Name: Baidu (BIDU)
Sector: Internet
Country: China

7.Name: Petrobras (PBR)
Sector: Integrated Oil
Country: Brazil

8.Name: Petrobras – Preferred (PBR.A)
Sector: Integrated Oil
Country: Brazil

9.Name: Itau Unibanco (ITUB)
Sector: Banking
Country: Brazil

10.Name: Vodafone (VOD)
Sector: Telecom
Country: UK

Mexican telecom services provider America Movil is the most-owned ADR. 690 institutional investors held 496 million shares with a value of $28 billion at the end of last year. All the companies noted above are in emerging markets except Vodafone and UBS AG.

Disclosure: Long PBR, ITUB

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>