SPX Gestao de Recursos Ltda Takes $3.84 Million Position in Koç Holding A.S. $KHOLY

SPX Gestao de Recursos Ltda purchased a new stake in Koç Holding A.S. (OTCMKTS:KHOLY) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 108,412 shares of the company’s stock, valued at approximately $3,840,000.

Separately, Weitz Investment Management Inc. acquired a new position in Koç Holding A.S. during the 2nd quarter worth $10,942,000. Hedge funds and other institutional investors own 0.69% of the company’s stock.

Koç Holding A.S. Price Performance

OTCMKTS KHOLY opened at $22.45 on Friday. Koç Holding A.S. has a 52 week low of $18.09 and a 52 week high of $25.44. The stock has a fifty day moving average of $20.93 and a 200-day moving average of $21.43.

Koç Holding A.S. Company Profile

Koç Holding A.Ş. is Turkey’s largest industrial and services conglomerate, founded in 1926 by Vehbi Koç and headquartered in Istanbul. Over nearly a century of operations, the group has expanded from its origins in trade and contracting to become a highly diversified holding company with interests in energy, automotive, consumer durables, finance, tourism and digital technologies. Koç Holding maintains significant stakes in more than 20 publicly traded and privately held companies, many of which are leaders in their respective sectors.

In the energy sector, Koç Holding’s affiliates include Tüpraş, Turkey’s leading oil refiner, and Aygaz, a major provider of liquefied petroleum gas.