Royal Bank of Canada Bets Big on Primo Brands Shares
Royal Bank of Canada significantly increased its stake in Primo Brands Corporation's shares by 127.1% in the first quarter, according to a recent SEC filing.
The institutional investor now owns 130,877 shares of the company's stock, acquired during the quarter for $2,464,000.
This is not an isolated case, as several other hedge funds have also modified their holdings of PRMB.