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:
Change In Share Count
Change In Market Value($ in 1000's)
Commonwealth Bank of Australia
Artisan Partners Limited Partnership
TSP Capital Management Group LLC
Glenmede Trust Co. NA
BKS Advisors LLC
APG Asset Management N.V.
Midwest Investment Management LLC
Greenwood Capital Associates LLC
Connable Office Inc.
Ativo Capital Management LLC
Azimuth Capital Management LLC
Sii Investments Inc. WI
Choate Investment Advisors
Korea Investment CORP
Robeco Institutional Asset Management B.V.
National Planning Corp
Loeb Partners Corp
Numeric Investors LLC
CAM Group Holding A S
Hsbc Holdings PLC
Peapack Gladstone Financial Corp
Spectrum Management Group Inc.