Utah Retirement Systems lowered its stake in Marathon Petroleum Co. ( NYSE:MPC – Get Rating ) by 7.4% during the third quarter, Holdings Channel.com reports. The fund owned 89,235 shares of the oil and gas company's stock after selling 7,100 shares during the period. Utah Retirement Systems' holdings in Marathon Petroleum were worth $8,864,000 as of its most recent SEC filing. Several other institutional investors and hedge funds have also bought and sold shares of MPC. Todd Asset Management LLC bought a new stake in shares of Marathon Petroleum during the 3rd quarter worth approximately $218,000.

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