At Holdings Channel, we have now reviewed the newest batch of the 20 most up-to-date 13F filings for the 09/30/2024 reporting interval, and observed that Ishares Msci USA High quality Issue Etf (Image: QUAL) was held by 10 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 should not required to reveal their quick positions. A fund making a bearish wager towards a inventory by shorting calls, for instance, may also 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 aspect of the place will not be seen.
Having on condition that caveat, we consider that taking a look at teams of 13F filings might be revealing, particularly when evaluating one holding interval to a different. Beneath, let’s check out the change in QUAL positions, for this newest batch of 13F filers:
When it comes to shares owned, we rely 5 of the above funds having elevated current QUAL positions from 06/30/2024 to 09/30/2024, with 2 having decreased their positions and a pair of new positions.
Trying past these explicit funds on this one batch of most up-to-date filers, we tallied up the QUAL share rely within the combination amongst all of the funds which held QUAL on the 09/30/2024 reporting interval (out of the 1,831 we checked out in whole). We then in contrast that quantity to the sum whole of QUAL shares those self same funds held again on the 06/30/2024 interval, to see how the combination share rely held by hedge funds has moved for QUAL. We discovered that between these two durations, funds elevated their holdings by 922,902 shares within the combination, from 30,371,835 as much as 31,294,737 for a share rely enhance of roughly 3.04%. The general high three funds holding QUAL on 09/30/2024 had been:
We’ll maintain following the latest 13F filings by hedge fund managers and convey you fascinating tales derived from a take a look at the combination data throughout teams of managers between submitting durations. Whereas taking a look at particular person 13F filings can typically be deceptive as a result of 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 fascinating inventory concepts that benefit additional analysis, like Ishares Msci USA High quality Issue Etf (Image: QUAL).
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Additionally see:
MYND shares outstanding history
Institutional Holders of EXE
IPCI YTD Return
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.
