Cornerstone Investment Partners LLC Cuts Stake in Chubb Ltd (CB)

Cornerstone Investment Partners LLC cut its stake in Chubb Ltd (NYSE:CB) by 2.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 638,787 shares of the financial services provider’s stock after selling 14,662 shares during the quarter. Chubb makes up approximately 4.0% of Cornerstone Investment Partners LLC’s investment portfolio, making the stock its 6th largest holding. Cornerstone Investment Partners LLC owned approximately 0.14% of Chubb worth $82,519,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. State of Alaska Department of Revenue grew its stake in Chubb by 0.7% during the fourth quarter. State of Alaska Department of Revenue now owns 69,866 shares of the financial services provider’s stock worth $9,023,000 after buying an additional 464 shares in the last quarter. United Capital Management of KS Inc. grew its stake in Chubb by 13.3% during the fourth quarter. United Capital Management of KS Inc. now owns 4,639 shares of the financial services provider’s stock worth $599,000 after…