Corient Private Wealth LP Increases Stake in Procter & Gamble

Corient Private Wealth LP increased its holdings in Procter & Gamble (NYSE: PG) by 22.1% during the second quarter, according to the company's most recent 13F filing with the Securities & Exchange Commission.

The firm now owns 3,041,680 shares of the consumer goods company's stock after acquiring an additional 550,915 shares in the period. This represents a significant stake in Procter & Gamble, accounting for $446,032,000 of its total value.

Corient Private Wealth LP is not the only investor to increase its stake in Procter & Gamble; other institutional investors and hedge funds have also added to their positions in the company. E Fund Management Hong Kong Co. Ltd., for example, increased its holdings by 1,000% in the fourth quarter.