Millrose Stock Has Jumped 44% Since Debut But One Fund Still Sold 2.5 Million Shares
The Motley Fool·2025-12-09 22:11
Millrose’s latest numbers hint at a business model hitting its stride even as one institutional investor steps back.New York City-based Brave Warrior Advisors reduced its stake in Millrose Properties (MRP 0.32%) by nearly 2.5 million shares in the third quarter, a move that contributed an estimated $43.5 million position change from quarter to quarter.What HappenedAccording to a Securities and Exchange Commission (SEC) filing dated November 14, Brave Warrior Advisors sold a portion of its position in Millro ...