Deciphering Hedge Fund Strategies
Upon delving into the latest set of 13F filings for the 09/30/2024 reporting period, an intriguing pattern emerges – a total of 16 funds have made the decision to hold stocks of Advanced Micro Devices Inc (Symbol: AMD). This alignment of thinking among hedge fund managers sparks curiosity and prompts a deeper exploration.
13F Filings: The Whole versus the Visible Part
It’s crucial to note the limitations of 13F filings – they only reveal long positions and not the full spectrum of hedge fund strategies. A fund might maintain both long and short positions, thus obscuring the actual sentiment towards a stock. The visible long positions present only part of the intricate tale.
Revealing Insights from Group Comparisons
Group analysis of 13F filings unveils intriguing narratives, especially when comparing holdings across different periods. Let’s delve into the modifications in AMD positions among the latest batch of filers:
| Fund | New Position? | Change In Share Count | Change In Market Value ($ in 1000’s) |
|---|---|---|---|
| Pictet North America Advisors SA | Existing | +4,313 | +$750 |
| Aggregate Change: | +80,938 | +$9,737 | |
In terms of shares owned, among the listed funds, 10 increased their existing AMD positions from 06/30/2024 to 09/30/2024, while 5 decreased their holdings, and 1 initiated a new position.
Zooming Out for a broader Analysis
Expanding our scope beyond the listed funds, we tallied the aggregate of AMD shares held by all funds during the 09/30/2024 reporting period. Comparing this with the tally from the prior period, we observed an increase of 279,097 shares – a rise of approximately 1.37% in the overall share count held by hedge funds for AMD.
Unveiling Leaders in AMD Holdings
The top three funds holding AMD stock on 09/30/2024 showcased remarkable faith in the company’s trajectory. Their positions stand as a testament to their confidence in the market performance of Advanced Micro Devices.
We remain committed to tracking the latest 13F filings by hedge fund managers, unearthing compelling narratives derived from aggregate information across fund groups. While individual filings offer a limited view, the collective data distinction between reporting periods presents valuable insights deserving further exploration in stocks like Advanced Micro Devices Inc (Symbol: AMD).
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