Kinneret Advisory LLC reduced its holdings in shares of Cisco Systems, Inc. ( NASDAQ:CSCO – Free Report ) by 5.1% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 149,510 shares of the network equipment provider's stock after selling 8,032 shares during the period. Cisco Systems makes up 1.0% of Kinneret Advisory LLC's holdings, making the stock its 17th biggest holding. Kinneret Advisory LLC's holdings in Cisco Systems were worth $7,816,000 as of its most recent filing with the Securities & Exchange Commission.

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