Amundi, Europe’s largest asset manager, raised its stake in Strategy (MSTR) by about 44% in the third quarter, a Form 13F filed Nov. 6 shows, lifting the position to 1,903,725 shares worth $291.4 million at Sept. 30 prices.

That is up 579,672 shares from the 1,324,053 Amundi reported at June 30, when the same holding was valued at about $115.1 million. The Paris-based firm managed €2.579 trillion in assets at the end of September, up 11% year over year, and described itself as Europe’s leading asset manager.

The filing lands as MSTR has given back much of its third-quarter run. Strategy shares closed at $153.09 on Sept. 30 and near $126 on Monday, an 18% drop that would…

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