Banque Pictet & Cie SA sold 8,796 LLY shares, reducing its holdings by 6.9% in Q3.

Banque Pictet & Cie SA sold 8,796 shares of Eli Lilly and Company (LLY), reducing its holdings by 6.9% in the third quarter. The fund now owns 119,244 shares of the company's stock, worth $64 million. Several other institutional investors and hedge funds have also recently made changes to their positions in LLY, with some increasing and others decreasing their stakes.