Groupama Reduces Stake in Procter & Gamble

Groupama Asset Managment reduced its stake in Procter & Gamble by 2.5% during Q1, selling 13,659 shares of the consumer goods company.

The institutional investor now owns 525,655 shares of PG's stock after the sell-off, valued at $75,926,000 according to its most recent SEC filing.

This is not an isolated incident, as other hedge funds have also modified their holdings in Procter & Gamble. Brighton Jones LLC increased its position by 51.5% during Q4 and now owns 40,068 shares of the company's stock worth $6,717,000.