At Holdings Channel, we’ve reviewed the newest batch of the 23 most up-to-date 13F filings for the 03/31/2024 reporting interval, and observed that Danaher Corp (Image: DHR) was held by 11 of those funds. When hedge fund managers look like pondering alike, we discover it’s a good suggestion to take a more in-depth look.
Earlier than we proceed, you will need to 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 usually are not required to reveal their brief positions. A fund making a bearish wager 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 part 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/brief aspect of the place will not be seen.
Having on condition that caveat, we imagine that teams of 13F filings might be revealing, particularly when evaluating one holding interval to a different. Under, let’s check out the change in DHR positions, for this newest batch of 13F filers:
| Fund | New Place? | Change In Share Rely | Change In Market Worth ($ in 1000’s) |
|---|---|---|---|
| Klingenstein Fields & Co. LP | Present | –234 | +$953 |
| Roman Butler Fullerton & Co. | Present | +8 | +$6 |
| Bordeaux Wealth Advisors LLC | Present | –439 | –$32 |
| Capital Advisors Inc. OK | Present | –15,055 | +$304 |
| LA Financiere DE L Echiquier | Present | –30,650 | –$6,667 |
| Palmer Knight Co | Present | +10,408 | +$2,969 |
| Adero Partners LLC | Present | –5 | +$26 |
| Alecta Tjanstepension Omsesidigt | Present | +82,300 | +$33,190 |
| Princeton Global Asset Management LLC | Present | –15 | –$2 |
| Summit Global Investments | Present | –769 | –$160 |
| Mn Services Vermogensbeheer B.V. | Present | –43,800 | –$4,916 |
| Combination Change: | +1,749 | +$25,671 | |
When it comes to shares owned, we rely 3 of the above funds having elevated present DHR positions from 12/31/2023 to 03/31/2024, with 8 having decreased their positions.
Trying past these specific funds on this one batch of most up-to-date filers, we tallied up the DHR share rely within the mixture amongst all of the funds which held DHR on the 03/31/2024 reporting interval (out of the two,030 we checked out in whole). We then in contrast that quantity to the sum whole of DHR shares those self same funds held again on the 12/31/2023 interval, to see how the combination share rely held by hedge funds has moved for DHR. We discovered that between these two durations, funds elevated their holdings by 931,417 shares within the mixture, from 34,143,074 as much as 35,074,491 for a share rely improve of roughly 2.73%. The general high three funds holding DHR on 03/31/2024 have been:
We’ll preserve following the latest 13F filings by hedge fund managers and produce you attention-grabbing tales derived from a take a look at the combination info throughout teams of managers between submitting durations. Whereas particular person 13F filings can generally be deceptive because of the long-only nature of the data, the sum whole throughout teams of funds from one reporting interval to a different could be a lot extra revealing and related, offering attention-grabbing inventory concepts that benefit additional analysis, like Danaher Corp (Image: DHR).
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Additionally see:
ETFs Holding BSRR
DWFI shares outstanding history
APC market cap history
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.
