Sterling Investment Management Cuts Stake in Johnson & Johnson by 86.8%
Sterling Investment Management LLC reduced its stake in Johnson & Johnson by 86.8% in Q2, according to a recent SEC filing.
The company owned 1,453 shares of JNJ stock worth $369,000 at the end of the quarter after selling 9,516 shares during that period.
This is not an isolated instance of portfolio adjustments by Sterling Investment Management LLC; other hedge funds have also made changes to their positions in JNJ this quarter and last.