Tutor Perini Stock Surges 183% This Past Year as One Major Holder Rebalances a $47 Million Stake

Amid a historic rally and blowout earnings, one portfolio move hints at where conviction ends and discipline begins.New York-based JB Capital Partners cut its holding in Tutor Perini (TPC +0.73%) by 175,000 shares in the third quarter, reducing exposure by approximately $5.35 million, according to a November 13 SEC filing.What HappenedAccording to a U.S. Securities and Exchange Commission (SEC) filing dated November 13, JB Capital Partners LP reduced its stake in Tutor Perini (TPC +0.73%) during the third q ...