Hello Scott
Not sure if I want to read too much into that information..In Sept you posted holdings at 40.54% .These numbers represent holdings at a particular point in time and may reflect an unwillingness to hold a small cap company in a volatile market. Another stock I hold Royal Bank is down to 17.82% holdings.
It would appear they dumped CLL in Sept for no apparent reason when CLL was driven down to .235.. Of course we won't know until financials are released if they had good reason to do so..That said I do find it odd because unless someone leaked extremely negative news out about CLL 2 months prior to Q3 there's no explanation other than jumping the gun by pre-pricing a market collapse or an orchestrated move..Institutions get out of the way so SP can be shorted down. This allows the same institutions to make a killing when SP returns to a fair market evaluation ( after making a killing shorting it down) .. or cover their equity if CLL is in trouble that they may have advance warnings about.
Either way we soon shall see..Analysts are predicting a small loss which wouldn't surprise me.