Institutional Investors and Hedge Funds' Sentiment on Ford Motor Company Revealed
2024-03-12
During the quarter ending on December 31, 2023, Ford Motor Company (F) attracted significant interest from institutional investors and hedge funds, as reported by sharkstracker.com. The data revealed that a total of 1601 hedge funds held 2,347,872,917 shares of F, while 53 ETFs owned 205,712,571 shares of the company.
Among the top institutional holders of F shares were Vanguard Group Inc, BlackRock Inc., State Street Corp, Newport Trust Company, LLC, and Charles Schwab Investment Management Inc. These institutions played a key role in shaping the ownership landscape of Ford during the period under review.
In terms of trading activity, the data indicated that in the last quarter, 593 hedge funds were buyers of F shares, while 764 were sellers. The selling activity led to a total offloading of 162,624,018 shares, while purchases amounted to 127,097,315 shares of F. Moreover, 69 hedge funds doubled their positions on F, underscoring a bullish sentiment, while 16 funds significantly reduced their exposure by selling at least 90% of their F shares.
The sentiment towards Ford among institutional investors varied, with some taking a more pessimistic view compared to others. BlackRock Inc., Citadel Advisors LLC, and Renaissance Technologies LLC were among the institutions with a more cautious stance on F. Conversely, Bank of Montreal, Newport Trust Company, LLC, State Street Corp, Legal & General Group Plc, and Invesco Ltd emerged as the more optimistic investors regarding the company's prospects.
For investors and market enthusiasts looking to delve deeper into the data-driven insights provided by sharkstracker.com, the full report can be accessed at https://www.sharkstracker.com/reports/ReportDetail12:F/?rrr=3. This comprehensive report offers a detailed analysis of the market dynamics surrounding Ford Motor Company during the specified period, shedding light on the trends and movements that influenced investor behavior.