Wellington Management Group Boosts Stake in Suzano with $32 Million Share Purchase

Wellington Management Group LLP has significantly increased its holdings in Suzano S.A. Sponsored ADR (NYSE: SUZ). The firm acquired an additional 4,197,157 shares during the second quarter, bringing its total to 4,211,039 shares.

This represents a 30,234.5% increase in Wellington Management Group's holdings in Suzano.

The company's stake in Suzano is now worth approximately $32,678,000, accounting for about 0.34% of the company's total value.

Other large investors have also increased their positions in Suzano, including Deutsche Bank AG and Goldman Sachs Group Inc.