Deutsche Bank and Swiss National Bank Trim Stakes in Industrial Companies

Deutsche Bank AG cut its holding in Trane Technologies plc by 18.6% in the fourth quarter, selling 187,094 shares and ending the period with 820,768 shares, representing a 0.37% stake worth about $319 million.

Swiss National Bank reduced its position in Transdigm Group Incorporated by 4.9% during the same quarter, disposing of 7,990 shares and concluding with 153,910 shares, a 0.27% ownership valued at roughly $204.7 million. Both banks reported the changes in their latest Form 13F filings with the U.S. Securities and Exchange Commission.