See Which Of The Latest 13F Filers Holds Comcast

A generic image of a smartphone
Credit: Shutterstock photo

At Holdings Channel , we have reviewed the latest batch of the 49 most recent 13F filings for the 09/30/2015 reporting period, and noticed that Comcast Corp (Symbol: CMCSA) was held by 22 of these funds. When hedge fund managers appear to be thinking alike, we find it is a good idea to take a closer look.

Before we proceed, it is important to point out that 13F filings do not tell the whole story, because these funds are only required to disclose their long positions with the SEC, but are not required to disclose their short positions. A fund making a bearish bet against a stock by shorting calls, for example, might also be long some amount of stock as they trade around their overall bearish position. This long component could show up in a 13F filing and everyone might assume the fund is bullish, but this tells only part of the story because the bearish/short side of the position is not seen . Having given that caveat, we believe that looking at groups of 13F filings can be revealing, especially when comparing one holding period to another. Below, let's take a look at the change in CMCSA positions, for this latest batch of 13F filers:

Fund New Position? Change In Share Count Change In Market Value($ in 1000's)
Commonwealth Bank of Australia Existing -2,087 -$910
Artisan Partners Limited Partnership Existing +37,837 +$920
TSP Capital Management Group LLC Existing -3,400 -$652
Glenmede Trust Co. NA Existing +48,478 -$909
BKS Advisors LLC Existing -2,000 -$158
APG Asset Management N.V. Existing -198,271 -$27,050
Midwest Investment Management LLC Existing -90 -$96
Greenwood Capital Associates LLC Existing -718 -$177
Connable Office Inc. Existing UNCH -$15
Ativo Capital Management LLC NEW +26,001 +$1,585
Azimuth Capital Management LLC Existing +1,243 -$431
Sii Investments Inc. WI Existing +2,486 +$99
Choate Investment Advisors Existing -6,057 -$522
Korea Investment CORP Existing +267,115 +$10,974
Robeco Institutional Asset Management B.V. Existing -44,171 -$10,635
National Planning Corp Existing -508 -$3
Loeb Partners Corp Existing -8,200 -$582
Numeric Investors LLC Existing +11,900 -$9,763
CAM Group Holding A S Existing UNCH -$59
Hsbc Holdings PLC Existing -1,455,481 -$94,859
Peapack Gladstone Financial Corp Existing +12 -$53
Spectrum Management Group Inc. Existing -300 -$18
Aggregate Change: -1,326,211 -$133,314
In terms of shares owned, we count 7 of the above funds having increased existing CMCSA positions from 06/30/2015 to 09/30/2015, with 12 having decreased their positions and 1 new position. Worth noting is that WMS Partners LLC , and Searle & CO. , included in this recent batch of 13F filers, exited CMCSA common stock as of 09/30/2015. Looking beyond these particular funds in this one batch of most recent filers, we tallied up the CMCSA share count in the aggregate among all of the funds which held CMCSA at the 09/30/2015 reporting period (out of the 1,933 we looked at in total). We then compared that number to the sum total of CMCSA shares those same funds held back at the 06/30/2015 period, to see how the aggregate share count held by hedge funds has moved for CMCSA. We found that between these two periods, funds increased their holdings by 8,586,773 shares in the aggregate, from 362,813,119 up to 371,399,892 for a share count increase of approximately 2.37%. The overall top three funds holding CMCSA on 09/30/2015 were:

Fund Shares of CMCSA Held
1. FMR LLC 54,244,309
2. Bank of New York Mellon Corp 29,384,836
3. Morgan Stanley 13,725,792
4-10 Find out the full Top 10 Hedge Funds Holding CMCSA
We'll keep following the latest 13F filings by hedge fund managers and bring you interesting stories derived from a look at the aggregate information across groups of managers between filing periods. While looking at individual 13F filings can sometimes be misleading due to the long-only nature of the information, the sum total across groups of funds from one reporting period to another can be a lot more revealing and relevant, providing interesting stock ideas that merit further research, like Comcast Corp (Symbol: CMCSA).

10 S&P 500 Components Hedge Funds Are Buying »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story


Other Topics