Honeywell Aerospace Sees Significant Hedge Fund Investment

Van Hulzen Asset Management LLC has acquired a new position in shares of Honeywell Aerospace (NASDAQ:HONA), purchasing 9,513 shares valued at approximately $2.1 million during the second quarter.

This is not the only significant change to their positions made by hedge funds this quarter, as several other large investors have also bought into HONA stock.

California State Teachers Retirement System acquired a new stake in Honeywell Aerospace worth around $24 billion, while BlackRock Inc. purchased a new position valued at approximately $5.25 billion and Wellington Management Group LLP acquired a new position worth about $1.7 billion.

The company's stock has seen significant fluctuations, with shares opening at $151.58 on Thursday, down 2.5% from previous values.