Institutional Funds Buy 85,000 Oracle Shares, IQ EQ Divests 64,180
Five institutional investors boosted Oracle’s third-quarter stakes: Sherman Asset Management added 13,940 shares (up 1,239%), Canada Post Pension added 57,110 shares (up 200.7%), Concord funds added over 10,000 shares across two vehicles (199–227% gains), and a16z purchased 4,066 shares for $1.144 million. IQ EQ Fund Management sold 64,180 shares, cutting its position by 86.5%.
1. Institutional Stake Additions
During the third quarter, Sherman Asset Management raised its Oracle position by 1,239%, adding 13,940 shares to reach 15,065 total. Canada Post Corp Registered Pension Plan acquired 57,110 shares (up 200.7%), while Concord Asset Management and Concord Wealth Partners added 4,754 and 5,425 shares respectively, boosting their stakes by 199.0% and 227.1%.
2. a16z Perennial Management's New Stake
a16z Perennial Management L.P. initiated a new position in Oracle by purchasing 4,066 shares valued at approximately $1.144 million, marking its first reported investment in the company during the period.
3. IQ EQ Fund Management’s Reduction
IQ EQ Fund Management Ireland Ltd trimmed its Oracle holdings by 86.5% in the quarter, selling 64,180 shares to end with 10,029 shares outstanding, representing its largest disclosed divestiture among recent filings.