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Acadian Asset Management LLC Takes Position in STAG Industrial, Inc. (NYSE:STAG)

Acadian Asset Management LLC is a private equity firm based in Louisiana that specializes in investing in companies across various industries. The company has recently filed its 13F report with the Securities and Exchange Commission, which discloses its holdings as of September 30, 2021.

In this report, Acadian Asset Management LLC revealed that it had acquired a new stake in STAG Industrial, Inc. NYSESTAG during the third quarter. The firm purchased 7,782 shares of the real estate investment trust's stock, valued at approximately $268,000.

STAG Industrial, Inc. is a publicly traded real estate investment trust that owns and operates a diversified portfolio of commercial properties across the United States. The company's portfolio includes office buildings, retail centers, and industrial properties.

Acadian Asset Management LLC's investment in STAG Industrial, Inc. may indicate its confidence in the company's ability to generate strong returns for its shareholders. However, it is important to note that this information alone does not necessarily reflect the future performance of the stock or the company as a whole.

It is also worth noting that Acadian Asset Management LLC is not the only hedge fund that has recently invested in STAG Industrial, Inc. Other hedge funds, such as Renaissance Technologies and Citadel Securities, have also disclosed their holdings in the company in their 13F filings.


Published 55 days ago

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