Fisher Cuts Stake in Caterpillar Amid Strong Revenue Growth
Fisher Funds Management LTD significantly reduced its stake in Caterpillar Inc. (NYSE:CAT) by selling 4,000 shares during the second quarter.
This marked a 39.9% decrease in the firm's position in the industrial products company's stock, according to its most recent 13F filing with the Securities and Exchange Commission (SEC).
The firm owned 6,023 shares of Caterpillar Inc.'s stock after selling shares during the quarter. Fisher Funds Management LTD's holdings in Caterpillar were worth $6,414,000 as of its most recent filing.