Along with its affiliated funds, Glenn J. Krevlin 's Glenhill Advisors has cut its stake in Pep Boys-Manny Moe and Jack by about 398,000 shares to 3.35 million shares, according to a recent SEC filing. The current holding represents 6.2% of the company's outstanding common stock and comprises about 2.80 million shares with sole voting and dispositive power and 553,100 shares with shared voting and dispositive power.