Amundi, Europe’s largest asset manager, increased its holdings of Strategy (MSTR) shares by approximately 43.7% in the third quarter compared with the previous quarter.
According to a Form 13F filing submitted to the U.S. Securities and Exchange Commission (SEC), Amundi held 1,903,725 Strategy shares as of September 30. This represents an increase of 579,672 shares from the 1,324,053 shares held at the end of the second quarter.
The disclosed value of the holdings was approximately $291.44 million at the end of the third quarter. As Strategy’s share price subsequently declined, the value of the holdings was calculated at approximately $245.45 million based on the November 6 closing price of $128.93.
As of the end of September, Amundi was Europe’s largest asset manager, managing €2.579 trillion in assets. Strategy operates a strategy of incorporating Bitcoin as a primary treasury asset and currently holds the largest amount of Bitcoin among individual companies.