Panagora Asset Management Inc. trimmed its position in Chubb Ltd (NYSE:CB) by 24.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,818 shares of the financial services provider’s stock after selling 3,902 shares during the quarter. Panagora Asset Management Inc.’s holdings in Chubb were worth $1,579,000 at the end of the most recent quarter.
Other institutional investors have also recently added to or reduced their stakes in the company. Atlantic Trust LLC acquired a new stake in shares of Chubb in the second quarter valued at about $102,000. ELM Advisors LLC acquired a new stake in shares of Chubb in the third quarter valued at about $103,000. Legacy Advisors LLC grew its stake in shares of Chubb by 1,612.0% in the third quarter. Legacy Advisors LLC now owns 856 shares of the financial services provider’s stock valued at $115,000 after buying an additional 806 shares in the last quarter. Daiwa SB Investments Ltd. acquired a new stake in shares of Chubb in the third quarter valued at about $198,000. Finally, Lodestar Investment Counsel LLC IL…
