Berkley W R Corp reported a new investment of 6.825 million shares in Enterprise Products Partners (EPD). This position is valued at approximately $250.9 million. EPD now serves as Berkley’s largest holding, representing 12% of its total portfolio.
BlackRock Inc. initiated a new position of nearly 6.95 million shares. The firm’s investment is valued at approximately $255.3 million. Corient Private Wealth LP also disclosed a new stake of about 2.7 million shares, valued at roughly $99.1 million.
These institutional investments follow a second-quarter earnings report that exceeded analyst estimates. Enterprise Products Partners recently increased its distribution and highlighted strong quarterly performance.