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Swedbank AB has expanded its equity portfolio in the fourth quarter, increasing its holdings in Johnson Controls International (JCI) by 5.2% to a total of 345,359 shares. The bank also raised its stake in General Mills (GIS) by 23.8% through the acquisition of 146,122 additional shares. These moves complement a massive 230.2% increase in Jack Henry & Associates and a 6.2% growth in its Humana Inc. position, now valued at $28.6 million. Additionally, the bank maintained its focus on The Travelers Companies following its recent earnings beat and dividend hike. These strategic accumulations highlight Swedbank's commitment to growth across the fintech, healthcare, and consumer staples sectors. The increased exposure follows robust quarterly performances and positive forward guidance from the targeted entities.
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