Federated Hermes Inc. significantly reduced its investment in Atlassian. The firm reported the change in a 13F filing with the SEC on February 9, 2026.
Federated Hermes decreased its position by 96.5% during the third quarter. It sold 71,202 shares of the technology company's stock.
Following the sale, Federated Hermes Inc. held 2,558 shares in Atlassian. These remaining shares carried a reported value of $409,000.
The filing noted that several other hedge funds recently modified their positions. These changes indicate routine portfolio adjustments by various institutional investors.