According to 2018Q4 Securities and Exchange form the Pinebridge Investments Lp increased its stake in Itau Unibanco Hldg Sa Spon Adr Rep Pfd (ITUB) by 208.13%. 2.08 million shares were bought by Pinebridge Investments Lp as the company’s stock rose 1.51% with the market. At the end of 2018Q4, the 3.08M shares of the major banks company held by the hedge fund were valued at $28.13M, up from 998,890 at the end of the previous reported quarter. $78.32 billion is the market cap of Itau Unibanco Hldg Sa Spon Adr Rep Pfd. The stock decreased 1.51% or $0.14 during the last trading session, hitting $8.8.Itaú Unibanco Holding S.A. has volume of 1.88 million shares. Since April 9, 2018 ITUB has declined 8.26% and is downtrending. The stock underperformed the S&P 500 by 12.63%.

According to a filing Pinebridge Investments Lp decreased its stake in Lam Research Corp Com (NASDAQ:LRCX) by 29,811 shares to 10,041 shares, valued at $1.37M in 2018Q4. The fund operates about $38.23 billion and $4.49B US Long portfolio. Pinebridge Investments Lp has cut its stake in Philip Morris Intl Inc Com (NYSE:PM) and also reduced its holding in Walgreens Boots Alliance Inc Com by 149,523 shares in the quarter, for a total of 52,388 shares.

For more Itaú Unibanco Holding S.A. (NYSE:ITUB) news brought out briefly go to: Seekingalpha.com, Benzinga.com, Seekingalpha.com, Seekingalpha.com or Investorplace.com. The titles are as follows: “Brazil banks tank as central bank intervention fails to prop up real – Seeking Alpha” brought out on June 07, 2018, “Bolsonaro Wins Brazilian Presidential Election (NYSE:EWZ) – Benzinga” on October 29, 2018, “Brazil stocks, real gain in first session after Bolsonaro takes office – Seeking Alpha” with a publish date: January 02, 2019, “Itau Unibanco Holding S.A. 2018 Q3 – Results – Earnings Call Slides – Seeking Alpha” and the last “4 Brazilian Stocks to Buy as the Emerging Market Pauses – Investorplace.com” with publication date: February 05, 2019.