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Mawer Investment Management increased stake in Winmark Corporation

Published 10/13/2020, 09:50 AM
Updated 10/13/2020, 10:00 AM
© Reuters.  Mawer Investment Management increased stake in Winmark Corporation
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On the 30th of September, Mawer Investment Management bought 393 thousand Winmark Corporation (WINA) shares for $68 million at an average price of $172.18 per share. Shares of Winmark Corporation are up 3.89% since the transaction.

Mawer Investment Management's holding in Winmark Corporation increased to about 563 thousand shares with the purchase.

Mawer Investment Management first bought Winmark Corporation stock in the fourth quarter of 2019. Mawer Investment Management also owns JPMorgan Chase & Co (NYSE:JPM), Wells Fargo & Co (NYSE:WFC), State Street Corp (NYSE:STT) and Toronto Dominion Bank (The) (NYSE:TD). Winmark Corporation is its number two position by number of shares and market value among banks stocks.

Other investors who also added to their Winmark Corporation shares include California State Teachers Retirement System, the T. Rowe Price Equity Income Fund, and Royce & Associates. Contrary to Mawer Investment Management, Millennium Management reduced WINA shares, while Bahl & Gaynor sold all their WINA shares.

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