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Larry Robbins' Glenview Capital Management Bolsters Stake in DXC Technology Co

On December 31, 2023, Glenview Capital Management, led by Larry Robbins (Trades, Portfolio), made a significant addition to its investment portfolio by acquiring 1,972,212 shares of DXC Technology Co (NYSE:DXC). This transaction increased the firm's total holdings in DXC to 13,006,773 shares, marking a substantial vote of confidence in the IT services provider. The trade, executed at a price of $22.87 per share, had a 1.02% impact on the portfolio, bringing the position to 6.7% of the firm's holdings and 6.86% of DXC's outstanding shares.

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