Varma Mutual Pension Insurance Co Takes Huge Stake in Honeywell Aerospace

Varma Mutual Pension Insurance Co has taken a $13.61 million position in Honeywell Aerospace, according to its latest Form 13F filing with the Securities and Exchange Commission.

The fund purchased 61,550 shares of Honeywell Aerospace's stock during the second quarter, valued at approximately $13,607,000.

This is not an isolated move, as several other hedge funds and institutional investors have also bought stakes in Honeywell Aerospace recently. These include BlackRock Inc., Bank of New York Mellon Corp, Mitsubishi UFJ Asset Management Co. Ltd, Deutsche Bank AG, and Madison Asset Management LLC.