Nomura Securities cuts stake in Advantest Corporation by $1.6bn

Nomura Securities cut a $1.6bn stake in the electronics maker Advantest Corporation, EDINET filings disclosed on 15 October show. The change occurred on 8 October, and shares in the company have fallen 16 per cent since.

The sale led 36 filings from 21 filers disclosed since 14 October, a period in which reductions reached $2.0bn while increases totalled $476.0mn. Oasis Management Company disclosed an increase worth $205.0mn in the electronics maker Nidec Corporation on 15 October following a trade on 7 October. On the same filing date, Shigehiro Tominaga cut a stake worth $180.7mn in the technology and telecoms group Baudroie after a transaction on 13 October.

Across the past 30 days, Nomura Securities submitted 113 reports covering 91 companies. Those filings comprised 67 increases and 46 reductions. Hikari Tsushin filed 62 reports across 60 companies, of which 58 were increases and four were reductions.