The Invoice & Melinda Gates Basis Belief diminished its stake in Schrodinger, Inc.
© Reuters. The Bill & Melinda Gates Foundation Trust reduced its stake in Schrodinger, Inc.
On November 24, the Bill & Melinda Gates Foundation Trust sold 2 million shares of Schrodinger, Inc. (NASDAQ 🙂 for $ 127 million at an average price of $ 63.50 per share. Schrodinger, Inc. shares are up 5.17% since the transaction.
The stake of the Bill & Melinda Gates Foundation Trust in Schrodinger, Inc. decreased to around 7 million shares with the transaction.
The Bill & Melinda Gates Foundation Trust first bought shares in Schrodinger, Inc. in the first quarter of 2020.
Other investors who have also reduced their shares in Schrodinger, Inc. are the T. Rowe Price Equity Income Fund and Victory Capital Management. In contrast to the Bill & Melinda Gates Foundation Trust, the California State Teachers Retirement System and Nikko Asset Management Americas have topped up SDGR shares Eaton Vance (NYSE 🙂 Management, Gilder Gagnon Howe & Co. and Millennium Management have established new holdings in Schrodinger, Inc.
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