This Bank Stock Just Saw a $24 Million Fund Sale, but Here's Why It's Still a Top Holding

On January 29, Polaris Capital Management disclosed a fourth-quarter sale of 204,200 shares of Popular (NASDAQ:BPOP), an estimated $24.13 million trade based on quarterly average pricing. What happened According to a Securities and Exchange Commission (SEC) filing dated January 29, Polaris Capital Management reduced its position in Popular (NASDAQ:BPOP) by 204,200 shares during the fourth quarter. The estimated transaction value was $24.13 million, based on the average closing price for the period. The f ...