See Which Of The Latest 13F Filers Holds VYM

At Holdings Channel, we have reviewed the latest batch of the 23 most recent 13F filings for the 09/30/2024 reporting period, and noticed that Vanguard Whitehall Funds High Dividend Yield ETF Shs (Symbol: VYM) was held by 13 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 VYM positions, for this latest batch of 13F filers: FundNew Position?Change In Share CountChange In Market Value ($ in 1000's)United Community BankExistingUNCH+$30Morris Financial Concepts Inc.Existing-8+$28Luminvest Wealth Management LLCExisting+5,938+$788Nilsine Partners LLCExistingUNCH+$51IFG Advisory LLCExisting+4,643+$2,429Jackson Hole Capital Partners LLCExistingUNCH+$71Capital Investment Advisory Services LLCExisting+767+$391NORTHSTAR ASSET MANAGEMENT Co LLCExisting+230+$365Interactive Financial Advisors Inc.Existing+145+$138Cary Street Partners Investment Advisory LLCExisting+2,387+$659Lee Danner & Bass Inc.ExistingUNCH+$55Dougherty Wealth Advisers LLCExistingUNCH+$154Global Wealth Management Investment Advisory Inc.Existing+2,841+$1,139Aggregate Change:+16,943+$6,298

In terms of shares owned, we count 7 of the above funds having increased existing VYM positions from 06/30/2024 to 09/30/2024, with 1 having decreased their position.

Looking beyond these particular funds in this one batch of most recent filers, we tallied up the VYM share count in the aggregate among all of the funds which held VYM at the 09/30/2024 reporting period (out of the 2,447 we looked at in total). We then compared that number to the sum total of VYM shares those same funds held back at the 06/30/2024 period, to see how the aggregate share count held by hedge funds has moved for VYM. We found that between these two periods, funds increased their holdings by 93,124 shares in the aggregate, from 56,853,699 up to 56,946,823 for a share count increase of approximately 0.16%. The overall top three funds holding VYM on 09/30/2024 were: »FundShares of VYM Held1.Sumitomo Life Insurance Co.15,133,3222.Raymond James Financial Services Advisors Inc.4,025,8123.Creative Planning3,685,9874-10Find out the full Top 10 Hedge Funds Holding VYM»

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 Vanguard Whitehall Funds High Dividend Yield ETF Shs (Symbol: VYM).

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