Marco Investment Management LLC trimmed its holdings in Oracle Corporation by 9.8% during the third quarter, reducing its position from 125,547 to 113,192 shares after selling 12,355 shares. Oracle now represents 2.4% of the fund’s portfolio, ranking as its tenth largest position, and was valued at $31.83 million at quarter’s end according to the latest 13F filing with the SEC.

Several large investors reshaped their Oracle positions over the past two quarters. Norges Bank initiated a new stake valued at approximately $4.28 billion in the second quarter. Jennison Associates LLC amplified its position by 2,062.4%, adding 8.8 million shares to reach 9.23 million shares worth $2.60 billion. Vanguard Group Inc. raised its holdings by 2.1%, acquiring 3.35 million additional shares to total 164.28 million shares valued at $35.92 billion. Invesco Ltd. and Laurel Wealth Advisors LLC also boosted stakes, with Invesco adding 2.62 million shares (+42.1%) and Laurel growing its position by 21,239.6% to 1.73 million shares.

Oracle insiders have reduced personal stock holdings over the past quarter. Director Naomi O. Seligman sold 2,223 shares, decreasing her stake by 7.99% and realizing $437,064, leaving her with 25,596 shares. Separately, Mark Hura disposed of 15,000 shares (6.02% of his holding) for $2.95 million, and aggregate insider sales over 90 days totaled 62,223 shares worth $12.14 million, representing 40.90% of outstanding insider ownership.