Amgen Stake Reduced by 45.8% Amid Q2 Portfolio Adjustments
111 Capital has reduced its holdings in Amgen Inc. (NASDAQ:AMGN) by 45.8% during the second quarter, according to a recent Form 13F filing with the SEC.
The firm owned 3,851 shares of the medical research company's stock after selling 3,259 shares during the quarter.
As of its most recent SEC filing, 111 Capital's holdings in Amgen were worth $1,395,000.
This is not an isolated instance; other hedge funds and institutional investors have also made changes to their positions in Amgen during the second quarter.