Orica Ltd (ocldf) Most Bought Mining Services Stock By Number Of Institutions

March 10, 2011 - PRLog -- MFFAIS.com featured their Quarterly Mining Services Industry Rundown. Mffais.com compiles the statistics from recent SEC filings by mutual funds and institutions to determine the positions taken and confidence in stocks by professional mutual fund managers and institutional investors.

Highlights included:

* Orica Ltd (OCLDF) leads industry in number of funds buying shares 61.64% of industry buys

* Eramet (ERA.PA) had the highest overall confidence score (relation of funds buying versus fund selling)

* Eramet (ERA.PA) had second highest number of funds buying shares 21.91% of industry buys

* Ausdrill Ltd (ASL.AX) had the second highest overall confidence score (relation of funds buying versus fund selling)

* The top 30 moves by funds in the industry by value of trade shows:

a) 26.66% buys versus 73.33% sells
b) Orica Ltd (OCLDF) buys were 16.66% of all activity, 62.50% of number of buys and 91.70% of value of buy trades
c) Ausenco Ltd (AAX.AX) buys were 3.33% of all activity, 12.50% of number of buys and 5.51% of value of buy trades

*  When institutions own multiple industry stocks, the most bought industry stock was Ausdrill Ltd (ASL.AX)

*  When institutions own multiple industry stocks, the most sold industry stock was Orica Ltd (OCLDF)


For details and the full report, including purchasing history and buying patterns, please visit http://www.mffais.com

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