Martingale Asset Management L P decreased its stake in Chubb Ltd (NYSE:CB) by 17.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 25,281 shares of the financial services provider’s stock after selling 5,200 shares during the period. Martingale Asset Management L P’s holdings in Chubb were worth $3,379,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Atlantic Trust LLC acquired a new stake in shares of Chubb during the second quarter worth $102,000. ELM Advisors LLC bought a new position in shares of Chubb during the third quarter worth about $103,000. Legacy Advisors LLC grew its position in Chubb by 1,612.0% in the 3rd 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. bought a new position in Chubb in the 3rd quarter valued at about $198,000. Finally, Lodestar Investment Counsel LLC IL bought a new position in Chubb…