The star fund manager has reduced his holding to zero following a tough 5 years of ownership.
Neil Woodford has sold his £94m stake in the P2P Global Investments closed ended fund.
The star fund manager, who has held the stake in P2PGI since its launch in 2014, is a long term backer of non-bank lending investment trusts as well as broader fintech and has a stake in P2P lender Ratesetter.
He increased his stake by £8m to £102m in December 2017, increasing from 12 per cent of the total share capital that he held since launch.
Wealth management giant Quilter bought the stake, and now holds 13.56 per cent of the shares.
Woodford lost a segregated mandate ran for Quilter recently to Artemis
P2PGI's portfolio saw an uptick in returns at the end of last year in Net Asset Value ( NAV) terms to 0.75 per cent for the month of December its best monthly returns for more than three years but recent monthly NAVs have been somehwhat lower, something P2PGI continues to blame on its legacy portfofolio which it is moving out of.
This re-positioning began last year as it began to move towards more exposure to alternative credit assets and less towards pure P2P loans. The run-off portfolio has now reduced to about 13 per cent.
Join AltFi for its third annual Alternative Income Forum, exploring closed-ended funds (investment trusts) specialising in generating an income using alternative assets such as specialist finance, P2P lending, direct lending, asset leasing and more. Hear from the leading investors and fund managers in this rapidly growing market.