CQS Cayman LP Decreases Position in Altaba Inc (AABA)
CQS Cayman LP trimmed its position in Altaba Inc (NASDAQ:AABA) by 73.7% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 66,107 shares of the company’s stock after selling 185,101 shares during the period. CQS Cayman LP’s holdings in Altaba were worth $4,504,000 at the end of the most recent reporting period.
A number of other large investors have also recently bought and sold shares of the stock. Westpac Banking Corp raised its holdings in Altaba by 14.4% during the 2nd quarter. Westpac Banking Corp now owns 52,487 shares of the company’s stock valued at $3,843,000 after buying an additional 6,600 shares during the period. Cornerstone Wealth Management LLC purchased a new stake in Altaba during the 2nd quarter valued at $600,000. Steward Partners Investment Advisory LLC raised its holdings in Altaba by 6.3% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 13,739 shares of the company’s stock valued at $1,006,000 after buying an additional 810 shares during the period. Kiley Juergens Wealth Management LLC purchased a new stake in Altaba during the 2nd quarter valued at $143,000. Finally, Perella Weinberg Partners Capital Management LP purchased a new stake in Altaba during the 2nd quarter valued at $17,339,000.
AABA stock opened at $63.59 on Monday. Altaba Inc has a twelve month low of $55.76 and a twelve month high of $82.45.
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Altaba Inc operates as a non-diversified, closed-end management investment company in the United States. Its assets consist primarily of equity investments, short-term debt investments, and cash. The company was formerly known as Yahoo! Inc and changed its name to Altaba Inc in June 2017. Altaba Inc was founded in 1994 and is based in New York, New York.
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