Most pension funds have ethical standards that exclude investment in such companies (like Facebook).
Top Institutional Holders
Holder Shares % Out Value* Reported
FMR, LLC 75,812,359 4.17 1,886,211,491 Jun 30, 2013
Vanguard Group, Inc. (The) 46,160,109 2.54 1,148,463,511 Jun 30, 2013
Invesco Ltd. 36,421,901 2.00 906,176,896 Jun 30, 2013
Sands Capital Management, Inc. 35,724,981 1.97 888,837,527 Jun 30, 2013
Morgan Stanley 32,047,660 1.76 797,345,780 Jun 30, 2013
Price (T.Rowe) Associates Inc 30,798,011 1.69 766,254,513 Jun 30, 2013
State Street Corporation 26,715,485 1.47 664,681,266 Jun 30, 2013
Jennison Associates LLC 24,583,587 1.35 611,639,644 Jun 30, 2013
Baillie Gifford and Company 23,690,777 1.30 589,426,531 Jun 30, 2013
BlackRock Institutional Trust Company, N.A. 23,550,491 1.30 585,936,216 Jun 30, 2013
Top Mutual Fund Holders
Holder Shares % Out Value* Reported
Fidelity Contrafund Inc 29,163,733 1.60 1,073,225,374 Jul 31, 2013
Vanguard Total Stock Market Index Fund 23,620,739 1.30 587,683,986 Jun 30, 2013
Powershares Exhg Traded Fd Tr-Powershares QQQ Tr, Series 1 18,614,615 1.02 685,017,832 Jul 31, 2013
Fidelity Growth Company Fund 14,046,814 0.77 516,922,755 Jul 31, 2013
Fidelity OTC Portfolio 12,398,369 0.68 456,259,979 Jul 31, 2013
Harbor Capital Appreciation Fund 9,478,527 0.52 235,825,751 Jun 30, 2013
Growth Fund Of America Inc 8,957,220 0.49 222,855,633 Jun 30, 2013
Columbia Fds Ser Tr I-Columbia Select Large Cap Growth Fd 8,880,783 0.49 220,953,881 Jun 30, 2013
Invesco American Franchise Fd 8,805,108 0.48 219,071,087 Jun 30, 2013
Vanguard Growth Index Fund 7,585,595 0.42 188,729,603 Jun 30, 2013
Sentiment: Strong Buy
Just did, my Pension Fund has an ethical codex:
"NNs' Pension follows the basic ethical position, which is reflected in the surrounding communities. NNs' Pension follows naturally by the parliament joined the laws and conventions of both the national legislation to the international agreements, etc.., Ratified by EUC.
NNs' Pension wishes through its business investments to promote balanced economic development, free of corruption and with good working and living conditions, including the proper handling of natural resources. Investment in NN's Pension happens with respect for democracy, and information and freedom of expression.
In the particular application, the NN' Pension does not invest in companies:
through their activity promotes violent conflict, including base their activity on the production of weapons or trade in,
through their activity supports violations of human and labor rights,
through their activity shows irresponsible use of natural resources and / or harm the environment,
through their activities in a manner characterized by corruption, including extortion and bribery. "
Since FB through the activity of facilitating trading of kids, violates human rights, my pension fund will be have
to sell FB.
For the sake of human rights and helpless children. contact your Pension Fund and ask if the Pension Fund has invested in FB, and if so, ask if it violates the ethical code which must be public.
I hope that every person, who respects human rights for unprotected kids will do the same, maybe such people are not representing the majority of this board. Nevertheless I thus suggest that all sane investors contact your Pension Fund and make it clear that the Pension Funds possible investment in FB is a violation of human right since trading of kids on the internet is illegal.
For a trained thief and liar like Zuck it is probably no problem to trade children on FB if profitable. But for those of us who find trading of kids unacceptable, we should contact our pension fund, in US or abroad, that may have invested in Facebook, and and if so, confront the pension fund with the fact that Facebook facilitate trading of kids.
DO IT TOMORROW!
The internet has been used for purposes both good and bad since it's inception. The internet is used for porn and escort services. What are you suggesting? shutting down the internet? If anything FB is TOO aggressive in it's policing activity when it comes to content. You're a dope.