Soapstone Management L.P. sold its entire stake in Saia, eliminating 23,750 shares valued at $6.5 million from its holdings. This move represented a 4.4% reduction in assets under management and removed Saia as one of the fund’s top equity positions. Saia shares were priced at $330.91 on Dec. 5, 2025, reflecting a 36% one-year decline. Saia is a leading provider of LTL freight transportation, serving a diverse customer base. Despite Soapstone’s sale, Saia remains a strong long-term investment opportunity, with significant growth potential.

Read more at Yahoo Finance: Why Investors Shouldn’t Worry About Soapstone Management Liquidating Its $7 Million Saia Position