I don't know what the current institutional holdings are. That picture will not become clear till some time down the road as the institutional holdings reports are due. They did not file for BK until January 5, 2010 so the first round of institutional holdings/divestitures will not be known until a few weeks after January 31, 2010. Many institutions do not have to report their ownership interest until a few weeks after March 31, 2010. Whether or not there is any institutional ownership, right now, is less important than where that level is, down the road. If the prospects for recovery improve, the institutions will buy back in. If they don't improve, they won't.
Chemtura did not have an influx of new institutional buying until around September 2009, some of which has been made public, some of which will never be reported because the firms are not large enough to be required to file their holdings. This is just provided as an example to show that institutional ownership can come along later and some of this type interest and ownership will never be publicly known.
