Stocks
Carmignac Gestion Cuts Procter & Gamble Stake Amid Hedge Fund Shift
Carmignac Gestion has reduced its stake in Procter & Gamble Company (The) $PG by selling 11,347 shares during the second quarter. This represents a 12.9% decrease in their position.
The firm now owns 76,813 shares of the company's stock, valued at $11,299,000. Other hedge funds have also been buying and selling shares of Procter & Gamble.
In contrast, California State Teachers Retirement System increased its stake by a staggering 14,323% during the same quarter, now owning 516,914,798 shares worth $75,800,386,000.