At Holdings Channel, we now have reviewed the most recent batch of the 25 most up-to-date 13F filings for the 09/30/2024 reporting interval, and seen that Pfizer Inc (Image: PFE) was held by 14 of those funds. When hedge fund managers seem like pondering alike, we discover it’s a good suggestion to take a better 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 usually are not required to reveal their quick positions. A fund making a bearish wager in opposition to a inventory by shorting calls, for instance, may additionally be lengthy some quantity of inventory as they commerce round their general bearish place. This lengthy part may present up in a 13F submitting and everybody may 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 is just not seen.
Having provided that caveat, we consider that taking a look at teams of 13F filings will be revealing, particularly when evaluating one holding interval to a different. Under, let’s check out the change in PFE positions, for this newest batch of 13F filers:
| Fund | New Place? | Change In Share Rely | Change In Market Worth ($ in 1000’s) |
|---|---|---|---|
| Palouse Capital Management Inc. | Current | –2,746 | +$64 |
| Carolina Wealth Advisors LLC | NEW | +161 | +$5 |
| Northwest Investment Counselors LLC | NEW | +3,556 | +$103 |
| Livelsberger Financial Advisory | NEW | +4,278 | +$124 |
| Magnolia Capital Management Ltd. | Current | UNCH | +$13 |
| Sequoia Financial Advisors LLC | Current | +151,293 | +$4,639 |
| Kempner Capital Management Inc. | Current | UNCH | +$102 |
| Flagship Harbor Advisors LLC | NEW | +63,815 | +$1,847 |
| Mattern Wealth Management LLC | Current | UNCH | +$10 |
| Argus Investors Counsel Inc. | Current | –11,300 | –$289 |
| Cetera Trust Company N.A | Current | UNCH | +$2 |
| Vicus Capital | Current | –800 | –$16 |
| Harbor Advisory Corp MA | Current | +3,640 | +$223 |
| Traphagen Investment Advisors LLC | Current | +323 | +$41 |
| Mixture Change: | +212,220 | +$6,868 | |
When it comes to shares owned, we rely 3 of the above funds having elevated current PFE positions from 06/30/2024 to 09/30/2024, with 3 having decreased their positions and 4 new positions.
Trying past these specific funds on this one batch of most up-to-date filers, we tallied up the PFE share rely within the combination amongst all of the funds which held PFE on the 09/30/2024 reporting interval (out of the 1,382 we checked out in complete). We then in contrast that quantity to the sum complete of PFE shares those self same funds held again on the 06/30/2024 interval, to see how the mixture share rely held by hedge funds has moved for PFE. We discovered that between these two durations, funds elevated their holdings by 1,268,433 shares within the combination, from 81,278,561 as much as 82,546,994 for a share rely improve of roughly 1.56%. The general prime three funds holding PFE on 09/30/2024 had been:
We’ll preserve following the latest 13F filings by hedge fund managers and convey you attention-grabbing tales derived from a take a look at the mixture info throughout teams of managers between submitting durations. Whereas taking a look at particular person 13F filings can generally be deceptive as a result of long-only nature of the knowledge, the sum complete throughout teams of funds from one reporting interval to a different is usually a lot extra revealing and related, offering attention-grabbing inventory concepts that benefit additional analysis, like Pfizer Inc (Image: PFE).
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The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.
