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Asset Management One Makes Notable Adjustment to Delta Air Lines Holdings
In a significant move during the third quarter, Asset Management One Co. Ltd. has reportedly scaled back its investment in Delta Air Lines, Inc. (NYSE:DAL).
According to data compiled by HoldingsChannel.com, the asset manager reduced its position in the popular transportation company by a substantial 42.1%. This reduction involved the sale of 60,642 shares of Delta stock.
Following this divestment, Asset Management One Co. Ltd. now holds 83,395 shares of Delta Air Lines. The value of these remaining holdings is estimated at an impressive $4,733,000.
This adjustment reflects a notable shift in the fund’s portfolio strategy concerning the airline sector, warranting attention from investors tracking institutional movements in the market.
Source: Original Article
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