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Arrowstreet Capital Limited Partnership Cuts Stake in Altria Group, Inc. $MO
Arrowstreet Capital Limited Partnership reduced its stake in Altria Group, Inc. by 28.7% in the third quarter, selling over 5.5 million shares. Despite this, Altria Group still constitutes 0.6% of Arrowstreet’s portfolio, valued at over $911 million. Other institutional investors have adjusted their holdings, while a company insider also sold a significant number of shares.