Nordea Investment Management AB significantly increased its stake in Deckers Outdoor Corporation, according to its latest 13F filing with the Securities & Exchange Commission.
During the third quarter, Nordea boosted its holdings by 980.5%. The firm purchased an additional 326,086 shares of Deckers.
This transaction brought Nordea’s total ownership to 359,343 shares, representing 0.24% of the company. At the time of the filing, the position was valued at $36.31 million.
The disclosure provides insight into investor sentiment from the previous quarter but does not reflect any new forward-looking statements from Deckers itself. Several other hedge funds have also been actively trading Deckers shares recently.
Available reports noted no immediate market reaction to this specific institutional filing.