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RBS Partners’s holding in AutoNation decreased to about 2 million shares with the transaction.
RBS Partners first bought AutoNation stock in the first quarter of 2001.
Other investors who also reduced their AutoNation shares include California State Teachers Retirement System, Citigroup (NYSE:C), and Investec Asset Management. Contrary to RBS Partners, Bridgewater Associates, Millennium Management, and Victory Capital Management added to AN shares, while Capital Growth Management and Hotchkis & Wiley Capital Management introduced AN shares to their portfolio.
