FYI: Capital Research and Management, the investment advisor to the American Funds, the largest active stock-fund manager, recently raised its holdings in toy maker Hasbro and upscale home-furnishings retailer Wiliams-Sonoma.
Capital Research bought 2.1 million more shares of Hasbro(HAS) between June 30 and Aug. 31, raising its stake to 12.7 million shares, a 10.0% stake in the maker of Nerf, My Little Pony, Play-Doh and Monopoly. It remains the second-largest Hasbro holder and is now just 100,000 shares short of the top holder, Vanguard Group, according to Morningstar.
Regards,
Ted
https://www.barrons.com/articles/a-mutual-fund-giant-is-betting-big-on-this-toy-maker-and-retailer-1536924600?mod=hp_highlight_5
