Pioneer Navigation Group CRCL holdings have an unrealized loss of over $400 million

ChainCatcher news reports that according to the latest 13F filing submitted to the U.S. SEC by Vanguard Group, the world’s second-largest fund management company, it currently holds a total of 5,653,110 shares of Circle stock CRCL (currently valued at $339.4 million), with an acquisition cost of $739.6 million, and a current unrealized loss of over $400 million.

It is reported that institutional investment managers (those managing securities worth over $100 million under 13(f)) are required to submit 13F filings within 45 days after the end of each quarter, with Q4 (ending December 31) disclosures due around February 14 of the following year.

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