On the 10th of September, Southeastern Asset Management sold 7.8 million Realogy Holdings Corp (RLGY) shares for $88 million at an average price of $11.25 per share. Shares of Realogy Holdings Corp are down -0.89% since the transaction.
Southeastern Asset Management's holding in Realogy Holdings Corp decreased to about 8.8 million shares with the transaction.
Southeastern Asset Management first bought Realogy Holdings Corp stock in the fourth quarter of 2017.
Other investors who also reduced their Realogy Holdings Corp shares include Pzena Investment Management. In contrast, California State Teachers Retirement System, Millennium Management, and the T. Rowe Price Equity Income Fund added to RLGY shares, while BT Investment Management and Squarepoint Ops introduced RLGY shares to their portfolio.
Southeastern Asset Management also sold all their shares in Dillards Inc (DDS). This asset alone constituted 1.7% of their pre-sale portfolio. Southeastern Asset Management also reduced their share in PotlatchDeltic Corporation (NASDAQ:PCH). The total value of the shares sold is estimated at around $189 million.
Additionally, Southeastern Asset Management increased their share in Eastman Kodak Company (KODK). The total value of the shares bought is estimated at around $80 million.