Nixon Peabody’s GD Divestment: A Calculated Move
The Nixon Peabody Trust Company, in its quarterly musings with the SEC, revealed a reduction of 25,734 shares in General Dynamics during Q3 2025. The transaction, estimated at $8.11 million, was a calculated move, though one might argue it was merely a minor adjustment in the grand tapestry of their portfolio. The fund now holds 30,224 shares, worth $10.31 million, a sum that, while considerable, pales in comparison to the opulent holdings of its peers.