Image from MarketBeat Media, LLC. Contrarius Group Holdings Ltd cut its holdings in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 3.8% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 532,721 shares of the electric vehicle producer's stock after selling 21,154 shares during the quarter. Tesla accounts for approximately 10.7% of Contrarius Group Holdings Ltd's holdings, making the stock its biggest holding. Contrarius Group Holdings Ltd's holdings in Tesla were worth $236,912,000 at the end of the most recent quarter. Get Tesla alerts: 5 Stocks Racing Ahead as AI Supercharges Robotics A number of other institutional investors also recently made changes to their positions in TSLA. Norges Bank bought a new stake in shares of Tesla in the 2nd quarter valued at about $11,839,824,000. Vanguard Group Inc. lifted its position in Tesla by 1.8% in the second quarter. Vanguard Group Inc. now owns 251,390,681 shares of the electric vehicle producer's stock valued at $79,856,764,000 after purchasing an additional 4,502,976 shares during the last quarter. Amundi boosted its stake in shares of Tesla by 20.4% during the second quarter. Amundi now owns 20,194,152 shares of the electric vehicle producer's stock valued at $6,374,284,000 after purchasing an additional 3,422,270 shares during the period. Jennison Associates LLC grew its holdings in shares of Tesla by 38.3% in the third quarter. Jennison Associates LLC now owns 10,909,666 shares of the electric vehicle producer's stock worth $4,851,747,000 after purchasing an additional 3,021,550 shares during the last quarter. Finally, Geode Capital Management LLC increased its stake in shares of Tesla by 2.0% in the second quarter. Geode Capital Management LLC now owns 64,767,993 shares of the electric vehicle producer's stock worth $20,480,477,000 after buying an additional 1,269,304 shares during the period. Hedge funds and other institutional investors own 66.20% of the company's stock. Insider Activity In other Tesla news, CFO Vaibhav Taneja sold 2,637 shares of Tesla stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $443.93, for a total value of $1,170,643.41. Following the completion of the transaction, the chief financial officer directly owned 13,757 shares of the company's stock, valued at approximately $6,107,145.01. The trade was a 16.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director James R. Murdoch sold 60,000 shares of the stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $445.40, for a total transaction of $26,724,000.00. Following the sale, the director owned 577,031 shares in the company, valued at approximately $257,009,607.40. The trade was a 9.42% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 145,188 shares of company stock valued at $64,193,919 in the last quarter. 19.90% of the stock is owned by company insiders. Key Stories Impacting Tesla