Manufacturers Life Insurance Company Adjusts Stakes in Adeia and Sportradar

The Manufacturers Life Insurance Company reduced its holding in Adeia Inc. by 23.9% during the first quarter, selling 581,970 shares and ending the period with 1,854,826 shares, representing about 1.68% of the company and valued at roughly $44.6 million.

In the same filing period, the insurer increased its position in Sportradar Group AG by 963.6%, purchasing 2,231,810 shares to hold a total of 2,463,421 shares, about 0.82% of Sportradar and valued at approximately $41.2 million. Both changes were disclosed in the company's latest Form 13F filing with the U.S. Securities and Exchange Commission.