Institutional Investors Cut Stakes in Medtronic and iRadimed

The Illinois Municipal Retirement Fund reduced its holding in Medtronic PLC by 11.4%, selling 24,284 shares and ending the quarter with 189,335 shares worth about $16.4 million. Several other investors also adjusted positions in Medtronic, including Brighton Jones LLC, Sivia Capital Partners LLC, Jump Financial LLC, Main Street Financial Solutions LLC and HUB Investment Partners LLC, which collectively increased their stakes.

Copeland Capital Management LLC trimmed its position in iRadimed Corporation by 12.9%, selling 53,225 shares and retaining 359,325 shares valued at roughly $34.6 million. Other hedge funds such as CWM LLC, MIRAE Asset Global ETFs Holdings Ltd., Zurich Cantonalbank, Farther Finance Advisors LLC and Price T Rowe Associates Inc. reported various increases or decreases in their iRadimed holdings during recent quarters.