TE Connectivity shares see notable investor position adjustments

Janus Henderson Group PLC trimmed its stake in TE Connectivity Ltd. (NYSE:TEL) by 1.7% in the first quarter, reducing its holdings to 2,813,413 shares, about 0.96% of the company and valued at roughly $588 million.

Empowered Funds LLC increased its position in TE Connectivity by 13.7% during the same period, bringing its ownership to 46,349 shares worth about $9.7 million. Together with other institutional investors, these moves contribute to roughly 91.4% of TE Connectivity’s outstanding shares being held by hedge funds and other large investors.