Bright Rock Capital Management LLC Sells 20,000 Shares of Verizon Communications Inc. (NYSE:VZ)
Bright Rock Capital Management LLC reduced its position in shares of Verizon Communications Inc. (NYSE:VZ) by 11.2% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 159,175 shares of the cell phone carrier’s stock after selling 20,000 shares during the quarter. Verizon Communications accounts for about 2.9% of Bright Rock Capital Management LLC’s investment portfolio, making the stock its 4th biggest holding. Bright Rock Capital Management LLC’s holdings in Verizon Communications were worth $9,094,000 at the end of the most recent reporting period.
A number of other large investors have also recently added to or reduced their stakes in the business. APG Asset Management N.V. boosted its holdings in shares of Verizo ...