Saudi Central Bank Boosts Stake in Amgen as Other Funds Increase Holdings
Saudi Central Bank raised its Amgen stake by 89.9% in the second quarter, per an SEC disclosure. Capital World Investors increased its holding by 22.9%, owning 23,097,711 shares worth $7.56 billion after buying 4,302,237 shares. Wellington Management and BlackRock also added shares, with BlackRock owning 49,362,016 shares worth $17.87 billion.