Institutional investor Amundi significantly decreased its Workiva Inc. holdings during the first quarter, according to a recent Form 13F filing. The firm sold over 10.2 million shares. This reduced its position by 99.9%. Amundi now holds 11,624 shares. These shares were valued at $693,000 at the end of the quarter.
The substantial sale by a major institution marks a significant change in the software company's investor landscape. The filing also noted other large investors engaged in recent buying and selling activities. This indicates a dynamic period of ownership changes for Workiva.