Banro Corp. fka BAA

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Institutional Ownership

Looks like there have been some changes on a few sites, so thought I'd post.

Finviz still shows 57.10% Inst Ownership. My take is that this is on the high side (unless it is also including ownership in funds). The reason that I think this one is high, is that you'll see the Morningstar and iHub percentages for Institutional Ownership now show around 36%. The last time I checked, the 3 of these sites all were within a few percentage points of each other, so it seems that Finviz might not be quite up-to-date. One other note is that Finviz shows Insider Ownership at 8.25%, and we know they've been adding more.

http://www.finviz.com/quote.ashx?t=baa

Morningstar now shows 36.72% Inst Ownership, but they also show an additional 15.84% ownership in funds for a combined 52.56%. I wish more sites would show the fund ownership, but this is the only one that I am aware of. For some reason Morningstar shows 0% Insider Ownership, and we all clearly know that isn't correct.

http://investors.morningstar.com/ownership/shareholders-overview.html?t=BAA®ion=usa&culture=en-US

Yahoo still shows 32.30% Inst Ownership. This has remained mostly unchanged for the past couple months or more. Another note is that Yahoo also shows 8.25% Insider Ownership, so it jives with Finviz.

http://finance.yahoo.com/q/ks?s=BAA+Key+Statistics

iHub now shows 36% Inst Ownership which is down from the 50-something percent range from just a few weeks ago. I personally don't think institutions are selling, I think that some sites have just been tardy in updating their percentages when institutions were exiting like crazy between ~November and February.

http://ih.advfn.com/stock-market/AMEX/BAA/stock-price

Nasdaq...well, Nasdaq is wrong. They show Inst Ownership at 8.14%, and their number has pretty much been on the decline all year. I think the previous two times I've checked they were at ~18% and then ~11%, and now ~8%. I'm really not sure what is wrong with their site, but for as much as they change their percentage, I'd expect them to at least realize that Blackrock owns 10% of the common shares in just one of their entities.

http://www.nasdaq.com/symbol/baa/institutional-holdings

My final take is that I think that ~35% number seems accurate given 3 sites match up, and also because IR said that they estimated 20-30% ownership a month or so ago when I asked. I think institutional ownership is probably on the rise, but I'm most excited about the ownership in funds. As most of us know, as long as BAA holds .30+, GDXJ is likely to start buying upon their rebalancing here in a couple of weeks. GDXJ had to exit a 10% position last year at ~.14. So ~35% Inst Own + ~15% Fund Own + ~8% Insider Own gives us ~58% of the common shares locked in some strong hands.