Shell Asset boosts stake in AT&T, reduces Huntington Bancshares, Arch Capital
vm

Shell Asset Management reduced its stakes in Arch Capital Group Ltd. to about 88K shares from 95K, Invesco Ltd. (NYSE:IVZ) to 67K shares from 68K, Abbott Laboratories (NYSE:ABT) to 190K shares from 212K, and Huntington Bancshares (NASDAQ:HBAN) to 297K shares from 365K, according to the investment firm's 13F filing dated Monday.

It increased its holdings in AT&T Inc. (NYSE:T) to 306K shares from 211K and Advanced Micro Devices (NASDAQ:AMD) to ~93K shares from 92K.
It dumped its position in RingCentral, Inc. (NYSE:RNG), the company said in the filing.
Earlier, Michael Burry's Scion Asset Management revealed a new stake in Huntington Bancshares, among one of the most beaten-down bank stocks in the wake of three bank failures.