Image from MarketBeat Media, LLC. DLK Investment Management LLC lessened its position in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 11.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,194 shares of the electric vehicle producer's stock after selling 2,060 shares during the period. Tesla comprises 2.7% of DLK Investment Management LLC's portfolio, making the stock its 11th largest holding. DLK Investment Management LLC's holdings in Tesla were worth $7,202,000 at the end of the most recent quarter. Get Tesla alerts: MarketBeat Week in Review – 12/15 - 12/19 A number of other hedge funds have also recently bought and sold shares of the company. Siren L.L.C. acquired a new position in Tesla during the 1st quarter worth about $2,332,000. Zuckerman Investment Group LLC raised its position in shares of Tesla by 6.9% during the first quarter. Zuckerman Investment Group LLC now owns 12,748 shares of the electric vehicle producer's stock worth $3,304,000 after acquiring an additional 826 shares during the last quarter. Norges Bank acquired a new position in shares of Tesla in the second quarter worth approximately $11,839,824,000. Police & Firemen s Retirement System of New Jersey boosted its holdings in Tesla by 5.6% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 427,150 shares of the electric vehicle producer's stock valued at $135,688,000 after acquiring an additional 22,607 shares during the last quarter. Finally, Strs Ohio acquired a new stake in Tesla during the 1st quarter valued at approximately $205,495,000. Institutional investors and hedge funds own 66.20% of the company's stock. Insider Activity In related news, CFO Vaibhav Taneja sold 2,637 shares of the company's 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 sale, the chief financial officer owned 13,757 shares in the company, valued at $6,107,145.01. This represents a 16.09% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Kimbal Musk sold 56,820 shares of Tesla stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $450.66, for a total value of $25,606,501.20. Following the transaction, the director owned 1,391,615 shares of the company's stock, valued at $627,145,215.90. This trade represents a 3.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 19.90% of the company's stock. Key Stores Impacting Tesla