Kessler Investment Group sold 122,349 shares of Robinhood in the third quarter for an estimated $11.5 million. The position previously accounted for 4.7% of the fund’s AUM.

Indiana-based Kessler Investment Group disclosed selling out its Robinhood position, worth $11.5 million. Top holdings post-sale included GOOGL, CRWD, DELL, ROKU, and ANET.

Robinhood’s second-quarter earnings saw revenue climb 45% year-over-year to $989 million, with net income doubling to $386 million. CEO Vlad Tenev highlighted the company’s expansion and innovation in the industry.

Read more at Nasdaq: Kessler Investment Group Sells $11.5 Million Robinhood Stake as Stock Hits Record Highs