Colliers International Group Inc (CIGI)

Colliers International Group Inc (CIGI) stock dropped by 5.68% due to the announcement of Ceredex Value Advisors LLC to reduce its stake in the company by 38.2% during the third quarter. Ceredex Value Advisors LLC now owns 0.23% of Colliers International Group's stock. Other institutional investors also made changes to their holdings in CIGI. Bank of Montreal Can, Durable Capital Partners LP, Norges Bank, Jarislowsky Fraser Ltd, and Millennium Management LLC adjusted their positions in the company. In total, institutional investors now own about 63.93% of Colliers International Group's stock. The stock's decline reflects the impact of these institutional investors' actions on the company's ownership structure and overall market dynamics.