Institutional investors acquire new stakes in several major corporations

Various institutional investors and hedge funds have updated their equity positions in several major corporations according to recent SEC filings.

XXEC Inc. acquired 7,414,640 shares of McCormick & Company, Incorporated during the second quarter, a position valued at approximately $154,566,000. Athos Capital Ltd also established a new position in TXNM Energy, Inc., purchasing 157,592 shares worth roughly $8,948,000.

In the healthcare sector, EP Wealth Advisors LLC and Oversea Chinese Banking Corp Ltd both entered new positions in McKesson Corporation during the second quarter. EP Wealth Advisors LLC purchased 18,168 shares valued at approximately $13,728,000, while Oversea Chinese Banking Corp Ltd acquired 1,262 shares worth about $953,000.

Additionally, Clear Harbor Asset Management LLC took a new position in Markel Group Inc. during the second quarter, buying 4,345 shares valued at approximately $8,486,000.