The sixth-largest investor in BlackBerry maker Research In Motion Ltd. (RIM) has sold more than half of its holdings in the company as rivals such as Apple Inc. continue to carve out a larger share of the smartphone market. “We are on the way out,” Stephen Jarislowsky, chairman of Jarislowsky Fraser Ltd., told Bloomberg. “The stake has been reduced by more than 50 percent.” Jarislowsky, a Montreal-based investment firm, held 10.2 million shares of RIM at the end of the first quarter. RIM expects its second-quarter profit will be 75 cents to $1.05 a share, compared with the $1.40 analysts had predicted.