Swiss National Bank Cuts Holdings in H World Group

Swiss National Bank has reduced its holdings in H World Group Limited Sponsored ADR (NASDAQ:HTHT) by 11.5% during the first quarter, according to a recent Form 13F filing with the Securities and Exchange Commission.

The institutional investor owned 387,009 shares of the company's stock after selling 50,400 shares during the period, representing about 0.13% of H World Group worth $19,463,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. AQR Capital Management LLC increased its stake in H World Group by 11.2% during the 1st quarter, while Norges Bank acquired a new position in H World Group in the 2nd quarter worth $888,000.

H World Group is a leading hotel management and franchising company primarily serving the China market, with a broad portfolio of midscale to luxury hotel brands including Hi Inn, Blossom, Manxin, Madison International, Joya, Grand Mercure, Novotel, Mercure, and ibis.