Orion Porfolio Solutions LLC Cuts Position in The Bank of New York Mellon Corporation $BK

Market Beat
2026.03.10 08:32
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Orion Portfolio Solutions LLC reduced its stake in The Bank of New York Mellon Corporation (NYSE:BK) by 26.5% in Q3, now holding 27,004 shares valued at $2.94 million. Other hedge funds also adjusted their positions, with KCM Investment Advisors increasing their stake by 4.2% and Advisory Alpha LLC by 40.4%. The Bank of New York Mellon reported Q3 earnings of $1.91 EPS and a revenue of $5.07 billion, with a market cap of $79.27 billion. Analysts have set new price targets, with Royal Bank of Canada raising theirs to $130.00.