Dynamic Advisor Solutions Reduces Stake in USA Rare Earth Inc.
Dynamic Advisor Solutions LLC has significantly reduced its holdings in USA Rare Earth Inc. (NASDAQ:USAR), decreasing its stake by 28.3% during the second quarter.
The company, according to its most recent Form 13F filing with the Securities & Exchange Commission, sold 27,945 shares of USAR stock, leaving it with 70,639 shares worth $1,524,000 as of its latest SEC filing.
This is not an isolated incident; several other large investors have been actively buying or reducing their stakes in USAR. Weiss Asset Management LP bought a new stake in USA Rare Earth during the first quarter worth about $17,103,000, while Jennison Associates LLC and Encompass Capital Advisors LLC also acquired new positions in shares of USA Rare Earth.
In contrast, Swiss National Bank increased its position in shares of USAR by 67.6% in the first quarter.