Argosy Lionbridge Management LLC Takes $4.37 Million Position in American Assets Trust, Inc.

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Argosy Lionbridge Management LLC acquired a new stake in American Assets Trust, Inc. (NYSE:AAT) during the 3rd quarter, according to the company's recent SEC filing. The institutional investor acquired 214,863 shares of the real estate investment trust's stock, valued at approximately $4,366,000. American Assets Trust accounts for 2.9% of Argosy Lionbridge Management LLC's holdings, making the stock its 9th biggest holding.

Why it matters

This investment by Argosy Lionbridge Management LLC in American Assets Trust, Inc. reflects the institutional investor's confidence in the real estate investment trust's performance and growth potential. As a major shareholder, Argosy Lionbridge Management LLC will likely have a vested interest in the company's strategic decisions and financial performance.

The details

According to the SEC filing, Argosy Lionbridge Management LLC acquired the 214,863 shares of American Assets Trust, Inc. during the 3rd quarter. This stake represents 0.35% of the real estate investment trust's outstanding shares. The investment was valued at approximately $4.37 million, making American Assets Trust the 9th largest holding in Argosy Lionbridge Management LLC's portfolio.

• Argosy Lionbridge Management LLC acquired the shares of American Assets Trust, Inc. during the 3rd quarter.