Institutional investors adjust stakes in Stanley Black & Decker and Seagate Technology

Recent SEC filings reveal significant shifts in institutional holdings for Stanley Black & Decker, Inc. and Seagate Technology Holdings PLC.

Bank of America Corp DE reduced its stake in Stanley Black & Decker, Inc. by 36.0% during the first quarter, selling 475,356 shares. Following this reduction, the firm holds 845,799 shares valued at approximately $60,102,000. Other institutional movements include New York Life Investment Management LLC increasing its position by 67.5% and the California State Teachers Retirement System growing its stake by 22.3%.

Handelsbanken Fonder AB decreased its holdings in Seagate Technology Holdings PLC by 33.3% in the second quarter, selling 54,642 shares. The fund retains 109,611 shares worth roughly $105,775,000. Conversely, the New York State Teachers Retirement System and Sumitomo Mitsui Trust Group Inc. both increased their positions in the data storage provider during the fourth quarter.