TRN - ValueAct shy's away from financial firms: Morgan Stanley exited Citigroup trimmed acquired Outfront Media

CEO Mason Morfit led ValueAct in its recent 13F filing reported total 13 positions with a total portfolio value of $8.57B.The fund exited Morgan Stanley (MS) and CDW (CDW).New positions were acquired in Outfront Media (OUT), Insight Enterprises (NSIT), TopBuild (BLD); TopBuild has lost 11% in past one month while Insight eroded 1.7%.Fiserv (FISV) was the only position increased significantly; Quant and Wall Street Analysts (PT $140.48) rating is Bullish on the stock; in the past one year, the stock has generated 12.8% returns.Among reduction in stakes, Seagate Technologies (STX), Citigroup (C), SLM (SLM), KKR (KKR) and Trinity Industries (TRN).

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ValueAct shy's away from financial firms: Morgan Stanley exited, Citigroup trimmed, acquired Outfront Media