Rockefeller Capital Management L.P. Sold a Fair Share of Utz Brands’ Stocks

According to its most recent Form 13F filing with the Securities & Exchange Commission, Rockefeller Capital Management L.P. lowered its holdings in Utz Brands, Inc. by 90.3% in the 4th quarter.

After selling 1,226,658 shares of the company's stock, the institutional investor now owned 131,529 shares. At the end of the most recent quarter, Rockefeller Capital Management L.P. owned 0.09% of Utz Brands for a total value of USD2.08m.

Recently, several other significant investors made purchases and sales of UTZ stock. During the fourth quarter, Point72 Middle East FZE added a new investment in Utz Brands shares valued at around USD41,000. During the fourth quarter, Clear Street Markets LLC added a new investment in Utz Brands shares worth about USD90,000.

During the third quarter, Tower Research Capital LLC TRC increased its holdings in Utz Brands shares by 236.1%. Tower Research Capital LLC TRC acquired an additional 4,432 shares of the company's stock in the most recent quarter, bringing its total share count to 6,309, valued at USD95,000.

During the first quarter, Sei Investments Co. added a new investment in Utz Brands shares valued at roughly USD102,000. And last, during the third quarter, Point72 Hong Kong Ltd. added a new holding in Utz Brands shares valued at roughly USD111,000 USD. 83.96% of the company's stock is held by hedge funds and institutional investors.

Utz Brands has a market capitalization of USD2.28bn.

On Thursday, May 11th, the business last disclosed its quarterly results information. In contrast to the average estimate of USD352.13m, the company's revenue for the quarter was USD351.43m.

The company Utz Brands, Inc. manufactures snack foods. It provides a selection of salty foods, such as potato chips.