T. Rowe Price Associates has significantly diminished its interest in New York-listed Seacor Holdings, dropping its status as the company's largest shareholder.
The Baltimore-based asset management firm halved its stake in the Charles Fabrikant-led tanker owner to 1.2 million shares, or 6.6% ownership, according to a regulatory filing.
BlackRock is now Seacor's major shareholder with 2.24 million shares reflecting a 12.5%
