M&G Investment Management reduced stake in Trinseo S.A.

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M&G Investment Management’s holding in Trinseo S.A. decreased to about 7.8 million shares with the transaction.

M&G Investment Management first bought Trinseo S.A. stock in the fourth quarter of 2019. M&G Investment Management also owns Methanex Corporation (NASDAQ:MEOH), Air Products & Chemicals Inc (NYSE:APD), Linde PLC (NYSE:LIN) and Nutrien Ltd. (NYSE:NTR). Trinseo S.A. is its number two position by number of shares and market value among chemicals stocks.

Other investors who also reduced their Trinseo S.A. shares include Citigroup (NYSE:C), Hotchkis & Wiley Capital Management, and the T. Rowe Price Equity Income Fund. In contrast, California State Teachers Retirement System and Squarepoint Ops added to TSE shares, while Millennium Management established new holdings in Trinseo S.A.