Tudor Financial Cuts Goldman Sachs Stake, But Institutional Investors Remain Bullish
Tudor Financial Inc., a hedge fund, significantly reduced its holdings in The Goldman Sachs Group, Inc. (NYSE:GS) by selling 8,736 shares during the second quarter.
The firm's holdings were worth $576,000 as of its most recent SEC filing.
This is part of a broader trend where institutional investors have been buying and selling shares of The Goldman Sachs Group. BlackRock Inc. acquired a new stake in the company valued at about $24,172,123,000 during the second quarter.