Panagora Asset Management Inc. decreased its position in Clearwater Paper Co. ( NYSE:CLW – Free Report ) by 8.1% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 92,579 shares of the basic materials company's stock after selling 8,134 shares during the quarter. Panagora Asset Management Inc.'s holdings in Clearwater Paper were worth $3,094,000 at the end of the most recent reporting period. Several other hedge funds and other institutional investors have also bought and sold shares of the company.

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