On September 30, 2024, State Street Corp executed a transaction involving the sale of 233,086 shares in Xencor Inc. This reduction in holdings by a prominent financial services firm was a notable event for Xencor.
The transaction, while sizeable, had a minimal direct impact on State Street Corp's overall portfolio, maintaining a position ratio of 4.50% in Xencor Inc. State Street Corp is headquartered at One Lincoln Street, Boston, MA.
This divestment by an institutional investor could be observed by the market as a signal, potentially influencing perceptions of Xencor's investment profile among other large shareholders.
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