Foreign investor Capital Income Builder cuts stake in 360 ONE WAM to 3.11%
360ONE · price
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Capital Income Builder, a foreign institutional investor managed by Capital Research and Management Company, sold 6,278,438 shares of 360 ONE WAM through open market on April 8, 2026. Its stake dropped from 5.32% to 3.11% of the company's share capital. The change in the percentage base partly reflects a change in the company's total share capital. Since Capital Income Builder is not part of the promoter group, this does not affect promoter holding.
A foreign fund trimming its stake suggests some portfolio rebalancing by the investor. Not a promoter action, so limited impact on stock price or company control.