Institutional Investors' Diverse Views on Intel (INTC) Revealed

2024-03-12

During the quarter ending on December 31, 2023, Intel (INTC) garnered significant interest from institutional investors, as per data from Sharkstracker.com. A total of 2,905,498,659 INTC shares were held by 2677 Hedge Funds, indicating a strong institutional presence. Moreover, 72 ETFs also had holdings in INTC, with a combined total of 218,081,570 shares.

The leading institutional holders of INTC shares included Vanguard Group Inc., BlackRock Inc., and State Street Corp, underscoring the confidence of major players in the company. The data further revealed that in the previous quarter, 926 Hedge Funds were actively buying INTC shares, while 1,276 were selling their positions. Noteworthy was the fact that 113 Hedge Funds opted to double down on their INTC holdings, signaling a heightened belief in the stock's potential.

Interestingly, 25 Hedge Funds chose to offload at least 90% of their INTC shares in the same quarter, indicating a bearish sentiment among a segment of investors. The data also shed light on the most optimistic and pessimistic institutional investors regarding INTC, offering valuable insights into the diverse perspectives prevailing in the market.

In conclusion, the insights provided by Sharkstracker.com offer a data-driven perspective on the market sentiment surrounding Intel. By showcasing the activities of Hedge Funds and ETFs, along with the varied positions taken by institutional investors, the data paints a comprehensive picture of the prevailing attitudes towards INTC within the investment community.