State of New Jersey Common Pension Fund D bought a new position in Grab Holdings Limited (NASDAQ:GRAB – Get Rating) in the first quarter, Holdings Channel reports. The institutional investor bought 617,000 shares of the company’s stock, valued at approximately $2,160,000.
A number of other hedge funds also recently bought and sold shares of the company. Parsons Capital Management Inc. RI bought a new stake in Grab in the 1st quarter worth approximately $150,000. SG Americas Securities LLC bought a new stake in Grab in the 1st quarter worth approximately $711,000. Daiwa Securities Group Inc. bought a new stake in Grab in the 1st quarter worth approximately $208,000. Exchange Traded Concepts LLC lifted its position in Grab by 161.2% in the first quarter. Exchange Traded Concepts LLC now owns 151,732 shares of the company’s stock valued at $531,000 after purchasing an additional 93,649 shares during the last quarter. Finally, Ieq Capital LLC lifted its position in Grab by 6.1% in the first quarter. Ieq Capital LLC now owns 142,753 shares of the company’s stock valued at $500,000 after purchasing an additional 8,258 shares during the last quarter. Institutional investors own 46.25% of the company’s stock.
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