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Intrust Bank Na Increases Holding in Sumitomo Mitsui Finl Group I (SMFG); As Affiliated Managers Group (AMG) Stock Price Declined, Holder Thornburg Investment Management Has Trimmed Its Position

Thornburg Investment Management Inc decreased its stake in Affiliated Managers Group (AMG) by 18.87% based on its latest 2017Q3 regulatory filing with the SEC. Thornburg Investment Management Inc sold 19,639 shares as the company’s stock declined 9.34% while stock markets rallied. The institutional investor held 84,419 shares of the finance company at the end of 2017Q3, valued at $16.03 million, down from 104,058 at the end of the previous reported quarter. Thornburg Investment Management Inc who had been investing in Affiliated Managers Group for a number of months, seems to be less bullish one the $10.02B market cap company. The stock increased 0.63% or $1.13 during the last trading session, reaching $180.24. About 593,023 shares traded or 73.71% up from the average. Affiliated Managers Group, Inc. (NYSE:AMG) has declined 5.60% since February 10, 2017 and is downtrending. It has underperformed by 22.30% the S&P500.

Intrust Bank Na increased its stake in Sumitomo Mitsui Finl Group I (SMFG) by 152.91% based on its latest 2017Q3 regulatory filing with the SEC. Intrust Bank Na bought 70,504 shares as the company’s stock declined 7.89% while stock markets rallied. The institutional investor held 116,611 shares of the commercial banks company at the end of 2017Q3, valued at $899,000, up from 46,107 at the end of the previous reported quarter. Intrust Bank Na who had been investing in Sumitomo Mitsui Finl Group I for a number of months, seems to be bullish on the $63.22 billion market cap company. The stock increased 0.92% or $0.08 during the last trading session, reaching $8.75. About 2.33M shares traded or 107.00% up from the average. Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) has risen 18.55% since February 10, 2017 and is uptrending. It has outperformed by 1.85% the S&P500.

Intrust Bank Na, which manages about $305.93M US Long portfolio, decreased its stake in Exxon Mobil Corp (NYSE:XOM) by 6,005 shares to 38,926 shares, valued at $3.19 million in 2017Q3, according to the filing.

Thornburg Investment Management Inc, which manages about $94.41B and $14.00B US Long portfolio, upped its stake in Teekay Lng Partners Lp (NYSE:TGP) by 191,807 shares to 2.00M shares, valued at $35.57 million in 2017Q3, according to the filing. It also increased its holding in Unspon Adr by 105,103 shares in the quarter, for a total of 565,076 shares, and has risen its stake in Fresenius Medical Care (NYSE:FMS).

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