2023-05-15 18:17:32 ET
- Shell Asset Management reduced its stakes in Arch Capital Group Ltd. to about 88K shares from 95K, Invesco Ltd. ( NYSE: IVZ ) to 67K shares from 68K, Abbott Laboratories ( NYSE: ABT ) to 190K shares from 212K, and Huntington Bancshares ( NASDAQ: HBAN ) to 297K shares from 365K, according to the investment firm's 13F filing dated Monday.
- It increased its holdings in AT&T Inc. ( NYSE: T ) to 306K shares from 211K and Advanced Micro Devices ( NASDAQ: AMD ) to ~93K shares from 92K.
- It dumped its position in RingCentral, Inc. ( NYSE: RNG ), the company said in the filing .
- Earlier, Michael Burry's Scion Asset Management revealed a new stake in Huntington Bancshares, among one of the most beaten-down bank stocks in the wake of three bank failures .
For further details see:
Shell Asset boosts stake in AT&T, reduces Huntington Bancshares, Arch Capital