$MRSH

Nordea Investment Management AB significantly reduced its stake in Marsh & McLennan Companies (NYSE:MRSH) by 11.4% in Q4, selling 65,236 shares and holding 507,728 shares valued at $94.8 million. This comes as Marsh & McLennan reported strong quarterly earnings, beating analyst estimates with $2.12 EPS and $6.60 billion in revenue, and announced a quarterly dividend of $0.90 per share. Other institutional investors showed mixed activity, while CEO John Q. Doyle also sold a portion of his shares.