RBC Cuts Holdings in The Allstate Corporation by 15.4%

Royal Bank of Canada (RBC) reduced its holdings in The Allstate Corporation by 15.4% during the first quarter, according to its most recent disclosure with the SEC.

The institutional investor owned approximately 580,531 shares of Allstate's stock after selling 105,884 shares during the quarter.

RBC owned about 0.23% of Allstate worth $120,368,000 as of its latest filing with the SEC.

This is not an isolated incident; several other hedge funds have also recently bought and sold shares of ALL.