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Big Money Exits: Wealth Advisor Slices Well-Known Streaming Stock, Recent Filing Reveals

Sapient Capital reduced its Netflix (NFLX 1.40%)stake by selling 2,804 shares for an estimated 3.42millioninQ32025,accordingtoanSECfilingdatedOctober17,2025.WhatHappenedSapientCapital,aU.S.institutionalinvestmentmanager,disclosedinitsthirdquarterForm13FfilingwiththeSecuritiesandExchangeCommissiondatedOctober17,2025,thatitsold2,804sharesofNetflix.Theestimatedvalueofthesharessoldwas3.42 million in Q3 2025, according to an SEC filing dated October 17, 2025.What HappenedSapient Capital, a U.S. institutional investment manager, disclosed in its third-quarter Form 13F filing with the Securities and Exchange Commission dated October 17, 2025, that it sold 2,804 shares of Netflix. The estimated value of the shares sold was 3,422,407. Following the trade, the fund reported holding 83,661 shares.W ...