The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.

StocksUpdated×4•Originally published 6 May 2026•Updated 7 May 2026•

1 min read

Bokf Na Trims Stakes in Amgen, Disney, and ExxonMobil Amid Portfolio Rebalancing

Key Facts

1Bokf Na reduced its stake in IBM by 6.8% in Q4 by selling 6,241 shares.

2IBM surpassed quarterly earnings expectations with $1.91 EPS and $15.92 billion in revenue.

3The company increased its quarterly dividend to $1.69 with a target price set at $296.18.

Bokf Na continued its portfolio rebalancing by reducing stakes in Amgen by 8.4% and Disney by 36.2%, while also selling 10,763 shares of NetApp (NTAP), retaining a position valued at $8.96 million. Following an earnings beat, NetApp declared a quarterly dividend of $0.52 per share, as Bokf Na also trimmed its ExxonMobil holding by 3.7%. In a separate institutional move, Bridgewater Advisors sold 4,608 shares of Apple (AAPL), though the tech giant remains their eighth-largest holding. Market attention is now focused on Disney's upcoming earnings on May 6 and Amgen's ongoing expansion in biologics. These maneuvers highlight a broader strategic shift by major institutional investors across the energy, technology, and entertainment sectors.

28 days ago

Version History

2 additional sources confirmed this story

Version 428 days ago

What changed: Added new institutional selling data for NTAP by Bokf Na and AAPL by Bridgewater Advisors, including NetApp's dividend details and updated portfolio rankings.

Version 328 days ago

What changed: The story was updated to include Bokf Na's stake reduction in ExxonMobil, along with details on the company's recent dividend announcement and quarterly performance.

Version 229 days ago

What changed: The story was updated to include Bokf Na's significant stake reduction in Disney, institutional ownership data for DIS, and expectations regarding Disney's upcoming Q2 earnings report in May.

Version 129 days ago

What changed: The story was updated to focus on Procter & Gamble instead of IBM, incorporating details on Bokf Na's stake reduction and heavy insider selling activity.