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[SITUATION] · [ACTIVE]
2 clusters · 2 sources · 26 days · First seen · Last updated
Categories: BUSINESS
Institutional investors reshape US stock holdings
Entities: Quantinno Capital Management LP · Popular, Inc. · Manufacturers Life Insurance Company
Overview
In early July, Intuit Inc. reported that several institutional investors were cutting their positions in the software company, indicating a modest pull‑back among its shareholders.
By the end of the month, a similar pattern of reallocation surfaced at Popular, Inc. The filing detailed both reductions—most notably by Manufacturers Life Insurance, which sold over 10,000 shares—and sizable purchases, such as Quantinno Capital Management more than doubling its stake. The mix of sales and buys across other firms points to a broader rebalancing of institutional portfolios in U.S. equities during the quarter.
Timeline
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1 day ago
[BUSINESS] 2 sourcesPopular, Inc. sees shifts in institutional ownership as investors adjust stakesPopular, Inc. saw institutional investors reshuffle stakes, with Manufacturers Life trimming to 0.55% and Quantinno Capital expanding to 0.42%, alongside several other firms adjusting holdings.
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26 days ago
[BUSINESS] 2 sourcesIntuit Inc. sees multiple institutional investors trim stakes in Q1In Q1, Fukoku Mutual Life and Appleton Partners trimmed their Intuit holdings, insiders traded shares, and analysts adjusted price targets.
Sources
mommygearest.com · stocknews.com