Louisiana State Employees Retirement System lowered its holdings in shares of Analog Devices, Inc. ( NASDAQ:ADI – Get Rating ) by 4.1% in the 4th quarter, Holdings Channel.com reports. The fund owned 58,500 shares of the semiconductor company's stock after selling 2,500 shares during the period. Louisiana State Employees Retirement System's holdings in Analog Devices were worth $9,596,000 at the end of the most recent quarter. A number of other hedge funds also recently modified their holdings of the business.

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