Lates News

Bloomberg's analysis data shows that in July, the disciplined value fund Hengkang added Cummins Inc. to its portfolio and sold off its holdings in UnitedHealth Group Inc. The fund disclosed that there was not much change in the size of its holdings, which amount to $17.8 billion. Key information: increased holdings in Newmont Corp.; decreased holdings in KBR Inc.; JPMorgan Chase & Co. is its largest investment target, accounting for 4.5% of disclosed assets. Three new purchases: Cummins: 418,931 shares worth $154 million; FedEx Corp.: 605,552 shares worth $1.353 billion; IQVIA Holdings Inc.: 714,902 shares worth $1.329 billion.