Parsec Financial Management Inc. cut its holdings in shares of Rio Tinto Group ( NYSE:RIO – Get Rating ) by 10.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 90,772 shares of the mining company's stock after selling 10,760 shares during the quarter. Parsec Financial Management Inc.'s holdings in Rio Tinto Group were worth $6,227,000 at the end of the most recent reporting period. A number of other institutional investors and hedge funds have also recently bought and sold shares of RIO.

https://www.dailypolitical.com/2023/06/18/rio-tinto-group-nyserio-shares-sold-by-parsec-financial-management-inc.html

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