Magnolia Group Sells 45% of Alliance Resource Partners Stake, Reducing AUM by 11.4%
Magnolia Group, LLC sold 1,170,437 shares of Alliance Resource Partners (ARLP), valued at approximately $30.30 million, leading to a 11.4% decrease in the fund's 13F reportable AUM. The transaction reduced ARLP's position in the fund to 7.26% of total assets, with the fund's overall AUM dropping to $537.51 million.
Tickers: $ARLP
Topics: Alliance Resource Partners Fund Management Magnolia Group SEC Filing Stock Transactions