Deutsche Bank AG reduced its stake in Procter & Gamble by 12.9% in the first quarter, selling 1.179 million shares and now holding 7.99 million shares worth $1.36 billion. GAMMA Investing LLC significantly increased its position by 20,758.5%, acquiring 7.91 million shares worth $1.355 billion. Capital Research Global Investors grew its holdings by 62.5%, now owning 7.4 million shares worth $1.24 billion. Northern Trust Corp increased its stake by 10.1%, now holding 29.4 million shares worth $4.93 billion. UBS AM grew its position by 15.8%, now owning 16.3 million shares worth $2.73 billion. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake worth $310.7 million. Institutional investors and hedge funds collectively own 65.77% of Procter & Gamble's stock. The company reported Q2 earnings of $1.48 EPS, beating estimates, with $20.89 billion in revenue and a 1.7% year-over-year increase. It announced a $1.0568 per share dividend, with a yield of 2.7%, and has a market cap of $362.7 billion. Analyst ratings remain mixed, with Morgan Stanley and Barclays maintaining positive views, while Redburn Atlantic downgraded the stock to neutral.

Virtu Financial LLC invested $4.34 million in AutoZone, Inc. (NYSE:AZO) by purchasing 1,140 shares during the first quarter, as reported in its SEC filing. Other institutional investors and hedge funds also made transactions in AutoZone shares during the same period. A significant insider sale occurred on June 10th, when the Chairman sold 27,500 shares at an average price of $3,708.93, reducing their ownership by 76.29%. On June 20th, the Senior Vice President sold 750 shares at $3,597.13, decreasing ownership by 64.88%. AutoZone reported quarterly earnings of $35.36 per share, missing analyst estimates, with a negative return on equity of 56.07% and revenue of $4.46 billion, up 5.4% year-over-year. The company has a market capitalization of $67.74 billion, a PE ratio of 27.32, and a 1-year price range of $2,898.57 to $4,094.69. Major research firms including Morgan Stanley, Truist Financial, Mizuho, Goldman Sachs, and DA Davidson have issued price targets ranging from $3,750 to $4,850, with a consensus 'Buy' rating and target price of $4,087. AutoZone operates as a retail distributor of automotive parts and accessories in the United States, Mexico, and Brazil.

The article analyzes the top asset managers of family office assets in 2025, with Northern Trust leading at $170 billion in assets under management (AUM), followed by Morgan Stanley at $156 billion. It highlights that family office assets now make up 42% of portfolios, driven by growing confidence in private credit, infrastructure, and real assets. Despite challenges like high fees, transparency, and liquidity, family offices are increasing allocations to private markets, with over half expressing bullishness toward private credit and 75% optimistic about infrastructure. The piece also notes that Northern Trust and Morgan Stanley serve large numbers of family offices and have formalized their family office units to offer holistic wealth management services, while firms like Silvercrest and Ares Management specialize in alternative investments and have expanded globally.

Citigroup Inc. has increased its stake in Xcel Energy Inc. (NASDAQ:XEL) by 28.1%, now owning approximately $64.41 million worth of shares, equivalent to 0.16% of the company's total shares. The stake was acquired through the purchase of 199,809 additional shares, bringing the total to 909,876 shares. Other institutional investors, including Accent Capital Management LLC, BankPlus Trust Department, Rossby Financial LCC, Itau Unibanco Holding S.A., and Alpine Bank Wealth Management, also made new investments in the first or fourth quarter. Xcel Energy reported a quarterly EPS of $0.75, exceeding expectations, with a net margin of 14.85%, revenue of $3.29 billion (up 8.6% year-over-year), and a return on equity of 10.52%. The company declared a quarterly dividend of $0.57 per share, with a yield of 3.1% and a payout ratio of 63.16%. Analysts have provided various price targets and ratings, with a consensus price target of $76.00 and a 'Moderate Buy' rating. Xcel Energy operates in electricity generation, transmission, and distribution, utilizing wind, nuclear, hydroelectric, solar, and other energy sources.

Aigen Investment Management LP acquired 24,479 shares of Morgan Stanley worth approximately $2.86 million during the first quarter. Morgan Stanley declared a quarterly dividend of $1.00 per share, up from $0.93, with an annualized dividend of $4.00 and a yield of 2.8%. The company initiated a $20 billion share buyback program, indicating confidence in the undervaluation of its shares. Morgan Stanley reported a quarterly earnings per share (EPS) of $2.13, exceeding estimates, with revenue of $16.79 billion and a 11.8% year-over-year increase. The firm posted a net margin of 13.06% and a return on equity of 15.20%. Analysts have updated their ratings and price targets, with Wells Fargo raising its target to $145.00 and Erste Group upgrading to a 'strong-buy' rating. Insiders sold a total of 148,149 shares worth $20.84 million in the past three months, resulting in a net decrease in insider ownership. Morgan Stanley operates globally, serving clients in the Americas, Europe, the Middle East, Africa, and Asia.