Assenagon Asset Management S.A. lessened its holdings in shares of Pioneer Natural Resources ( NYSE:PXD – Free Report ) by 18.2% in the second quarter, Holdings Channel.com reports. The institutional investor owned 87,031 shares of the oil and gas development company's stock after selling 19,399 shares during the quarter. Assenagon Asset Management S.A.'s holdings in Pioneer Natural Resources were worth $18,031,000 as of its most recent filing with the Securities & Exchange Commission. Other institutional investors have also modified their holdings of the company.

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