Fintel reports that on July 18, 2024, William Blair upgraded their outlook for Block (WBAG:SQU) from Market Perform to Outperform.
What is the Fund Sentiment?
There are 1,729 funds or institutions reporting positions in Block. This is an increase of 64 owner(s) or 3.84% in the last quarter. Average portfolio weight of all funds dedicated to SQU is 0.41%, an increase of 9.34%. Total shares owned by institutions decreased in the last three months by 1.58% to 430,530K shares.
What are Other Shareholders Doing?
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 17,484K shares representing 2.82% ownership of the company. In its prior filing, the firm reported owning 17,397K shares , representing an increase of 0.50%. The firm increased its portfolio allocation in SQU by 0.19% over the last quarter.
Capital World Investors holds 13,097K shares representing 2.11% ownership of the company. In its prior filing, the firm reported owning 12,514K shares , representing an increase of 4.45%. The firm increased its portfolio allocation in SQU by 6.49% over the last quarter.
Sands Capital Management holds 11,948K shares representing 1.93% ownership of the company. In its prior filing, the firm reported owning 13,749K shares , representing a decrease of 15.08%. The firm decreased its portfolio allocation in SQU by 12.56% over the last quarter.
ARK Investment Management holds 10,054K shares representing 1.62% ownership of the company. In its prior filing, the firm reported owning 11,888K shares , representing a decrease of 18.23%. The firm increased its portfolio allocation in SQU by 8.16% over the last quarter.
Sumitomo Mitsui Trust Holdings holds 8,790K shares representing 1.42% ownership of the company. In its prior filing, the firm reported owning 9,757K shares , representing a decrease of 11.00%. The firm decreased its portfolio allocation in SQU by 26.15% over the last quarter.
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