Conagra Brands gains significant new stakes from institutional investors

Quantinno Capital Management LP increased its holding in Conagra Brands (NYSE:CAG) by 737,120 shares during the first quarter, bringing its total to 2,162,412 shares, roughly 0.45% of the company and valued at about $33.99 million.

Bank of Nova Scotia raised its stake in the same company by 65,743 shares in the first quarter, ending the period with 130,203 shares worth approximately $2.05 million. The filings note that a range of other institutional investors also adjusted their positions, and that institutional ownership of Conagra Brands now stands at about 83.75% of the outstanding stock.