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BNY Mellon Increases Stake in Strive Asset Management Fund by 28%

(3 hours ago) · 1 source · Summarized by CryptoBipto

BNY Mellon has increased its holdings in Strive Asset Management's ASST fund by 28%, bringing its stake to approximately $7 million. The disclosure comes ahead of the quarterly 13F filing deadline, when institutional investors are required to report their equity holdings to the SEC.

WHY IT MATTERS

A 13F filing is a quarterly report that large investment firms in the United States must submit to regulators, listing the stocks and funds they own.

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SOURCES

  • bitcoinmagazine.com

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Institutional Investment13F FilingsAsset ManagementTraditional Finance