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Flossbach Von Storch SE Buys Up Over 11 Million NIKE Shares

Guavy AI Editorial Team
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NKE
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Flossbach Von Storch SE has purchased a significant stake in NIKE, Inc. (NYSE:NKE), buying 11,905,339 shares of the footwear maker's stock in the second quarter.

The institutional investor valued its new position at approximately $488,714,000 and holds about 2.2% of Flossbach Von Storch SE's investment portfolio, making NIKE its 16th largest holding.

This is not an isolated event, as several other large investors have also recently bought shares of NKE, including Main Street Financial Solutions LLC, ANB Bank, and Cornerstone Wealth Management LLC.

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