Legal & General trims JPMorgan position, selling 951,729 shares

Legal & General slightly trimmed a very large JPMorgan holding in Q2, reducing exposure by roughly 5% and retaining a multi‑billion dollar position.

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- Disposed of 951,729 JPM shares during the second quarter
- Remaining holding: 17,895,549 shares
- Reported approximate value of retained position: $5,857,750,000
- After the sale the firm still held a very large position in JPMorgan
- MarketBeat notes institutional ownership of JPM at 71.55%
- Trim was a modest reduction relative to the total holding size

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