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Arthur J. Gallagher & Co. $AJG Shares Sold by William Blair Investment Management LLC
William Blair Investment Management LLC significantly reduced its stake in Arthur J. Gallagher & Co. ($AJG) by 59.5% in the third quarter, selling 19,874 shares. Despite this, other institutions like Norges Bank, JPMorgan Chase & Co., Sands Capital Management LLC, Balyasny Asset Management L.P., and Mitsubishi UFJ Asset Management Co. Ltd. increased their holdings in the financial services provider. The company recently reported strong earnings, exceeding analyst expectations, and announced an increase in its quarterly dividend.