Caterpillar Stake Cut by Patton Fund as Shares Reach New Heights
Patton Fund Management Inc. reduced its stake in shares of Caterpillar Inc. (NYSE:CAT) by 33.0% in the 2nd quarter, according to the company's most recent 13F filing with the Securities and Exchange Commission (SEC).
The fund owned 3,282 shares of the industrial products company's stock after selling 1,616 shares during the quarter.
Patton Fund Management Inc.'s holdings in Caterpillar were worth $3.495 million at the end of the most recent quarter.