At Holdings Channel, we’ve got reviewed the newest batch of the 20 most up-to-date 13F filings for the 12/31/2024 reporting interval, and seen that Prologis Inc (Image: PLD) was held by 8 of those funds. When hedge fund managers look like considering 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 will not be required to reveal their quick 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 may assume the fund is bullish, however this tells solely a part of the story as a result of the bearish/quick facet of the place will not be seen.
Having provided that caveat, we imagine that taking a look at teams of 13F filings may be revealing, particularly when evaluating one holding interval to a different. Under, let’s check out the change in PLD positions, for this newest batch of 13F filers:
| Fund | New Place? | Change In Share Depend | Change In Market Worth ($ in 1000’s) |
|---|---|---|---|
| Nicola Wealth Management LTD. | Present | +5,127 | –$2,428 |
| Charles Schwab Investment Management Inc. | Present | +173,531 | –$192,174 |
| State of Michigan Retirement System | Present | –16,351 | –$7,238 |
| Commerzbank Aktiengesellschaft FI | Present | +8,649 | +$549 |
| Synergy Investment Management LLC | NEW | +41 | +$4 |
| Patten Group Inc. | Present | –229 | –$102 |
| Pinion Investment Advisors LLC | Present | –342 | –$101 |
| Bahl & Gaynor Inc. | Present | –90,474 | –$41,025 |
| Mixture Change: | +79,952 | –$242,515 | |
By way of shares owned, we depend 3 of the above funds having elevated current PLD positions from 09/30/2024 to 12/31/2024, with 4 having decreased their positions and 1 new place.
Wanting past these specific funds on this one batch of most up-to-date filers, we tallied up the PLD share depend within the combination amongst all of the funds which held PLD on the 12/31/2024 reporting interval (out of the three,463 we checked out in complete). We then in contrast that quantity to the sum complete of PLD shares those self same funds held again on the 09/30/2024 interval, to see how the mixture share depend held by hedge funds has moved for PLD. We discovered that between these two intervals, funds lowered their holdings by 777,771 shares within the combination, from 67,529,428 all the way down to 66,751,657 for a share depend decline of roughly -1.15%. The general high three funds holding PLD on 12/31/2024 had been:
We’ll hold following the latest 13F filings by hedge fund managers and produce you fascinating tales derived from a have a look at the mixture data throughout teams of managers between submitting intervals. 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 generally is a lot extra revealing and related, offering fascinating inventory concepts that benefit additional analysis, like Prologis Inc (Image: PLD).
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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.
