Cisco Systems shares shift as investors buy and sell
Sarasin & Partners LLP reduced its stake in Cisco Systems, Inc. by selling 581,182 shares in the second quarter, leaving the fund with 863,286 shares valued at about $101.4 million, or roughly 1.2 % of its portfolio. In a separate filing, the Czech National Bank increased its holding of Cisco stock by 48,227 shares, bringing its total to 1,124,291 shares worth roughly $132.1 million, representing about 0.7 % of the bank’s portfolio. Both filings were disclosed in recent Form 13F reports to the U.S. Securities and Exchange Commission. Institutional investors collectively own about 73.3 % of Cisco’s outstanding shares, highlighting the continued interest of large financial entities in the networking‑equipment maker.
Entities: Cisco Systems, Inc. · Czech National Bank · Sarasin & Partners LLP