Institutional Investors Cut Corteva Stake, Raise Axon Enterprise Holdings

Groupama Asset Management reduced its holding in Corteva Inc. by 71.9% during the first quarter, selling 12,884 shares and ending the period with 5,025 shares valued at about $421,000. The move follows other recent activity in Corteva, where investors such as Harris Associates, Norges Bank, and the Royal Bank of Canada have adjusted their positions.

Pine Valley Investments Ltd Liability Co increased its stake in Axon Enterprise Inc. by 58.0% in the same quarter, buying 1,799 shares to hold a total of 4,901 shares worth roughly $2.08 million. Several other hedge funds and investment firms have also taken or expanded positions in Axon, with analysts maintaining buy or outperform ratings and raising price targets.

These filings, disclosed to the U.S. Securities and Exchange Commission, illustrate ongoing reallocation of capital among institutional investors in the agricultural chemicals and law‑enforcement technology sectors.