At Holdings Channel, we now have reviewed the most recent batch of the 38 most up-to-date 13F filings for the 09/30/2024 reporting interval, and observed that Superior Micro Gadgets Inc (Image: AMD) was held by 16 of those funds. When hedge fund managers seem like pondering alike, we discover it’s a good suggestion to take a more in-depth look.
Earlier than we proceed, it is very important level out that 13F filings don’t inform the entire story, as a result of these funds are solely required to reveal their lengthy positions with the SEC, however will not be required to reveal their quick positions. A fund making a bearish guess towards a inventory by shorting calls, for instance, may additionally be lengthy some quantity of inventory as they commerce round their total bearish place. This lengthy element might present up in a 13F submitting and everybody would possibly assume the fund is bullish, however this tells solely a part of the story as a result of the bearish/quick aspect of the place just isn’t seen.
Having provided that caveat, we consider that teams of 13F filings might be revealing, particularly when evaluating one holding interval to a different. Beneath, let’s check out the change in AMD positions, for this newest batch of 13F filers:
| Fund | New Place? | Change In Share Rely | Change In Market Worth ($ in 1000’s) |
|---|---|---|---|
| Pictet North America Advisors SA | Present | +4,313 | +$750 |
| Bank Pictet & Cie Europe AG | Present | –1,808 | +$146 |
| Lecap Asset Management Ltd. | Present | –13,178 | –$2,116 |
| Lazari Capital Management Inc. | Present | +428 | +$101 |
| Global X Japan Co. Ltd. | Present | +15,305 | +$2,732 |
| Macroview Investment Management LLC | Present | +27 | +$5 |
| Weaver Capital Management LLC | Present | –754 | –$116 |
| GAM Holding AG | NEW | +31,751 | +$5,210 |
| Community Trust & Investment Co. | Present | +966 | +$424 |
| Saxony Capital Management LLC | Present | +718 | +$122 |
| Segment Wealth Management LLC | Present | +3,620 | +$617 |
| Financial Insights Inc. | Present | –3,777 | –$605 |
| BLB&B Advisors LLC | Present | –270 | –$38 |
| Private Advisor Group LLC | Present | +35,008 | +$1,071 |
| Tempus Wealth Planning LLC | Present | +63 | +$17 |
| Jackson Wealth Management LLC | Present | +8,526 | +$1,417 |
| Mixture Change: | +80,938 | +$9,737 | |
When it comes to shares owned, we depend 10 of the above funds having elevated current AMD positions from 06/30/2024 to 09/30/2024, with 5 having decreased their positions and 1 new place.
Wanting past these explicit funds on this one batch of most up-to-date filers, we tallied up the AMD share depend within the combination amongst all of the funds which held AMD on the 09/30/2024 reporting interval (out of the 1,547 we checked out in whole). We then in contrast that quantity to the sum whole of AMD shares those self same funds held again on the 06/30/2024 interval, to see how the mixture share depend held by hedge funds has moved for AMD. We discovered that between these two durations, funds elevated their holdings by 279,097 shares within the combination, from 20,346,871 as much as 20,625,968 for a share depend improve of roughly 1.37%. The general prime three funds holding AMD on 09/30/2024 had been:
We’ll preserve following the latest 13F filings by hedge fund managers and convey you fascinating tales derived from a have a look at the mixture data throughout teams of managers between submitting durations. Whereas particular person 13F filings can typically be deceptive as a result of long-only nature of the knowledge, the sum whole throughout teams of funds from one reporting interval to a different could be a lot extra revealing and related, offering fascinating inventory concepts that advantage additional analysis, like Superior Micro Gadgets Inc (Image: AMD).
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The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.
