Institutional Insights: AMC Entertainment Holdings Market Activity Revealed
2024-03-12
At the recently concluded meeting, data from sharkstracker.com was presented, offering valuable insights into the market activity surrounding AMC Entertainment Holdings. As of the quarter ending on December 31, 2023, the data revealed that there were 234 hedge funds holding AMC shares, with a total of 129,421,497 shares in their possession. Furthermore, 14 ETFs were also identified as holding AMC shares, amounting to a total of 2,041,877 shares.
During the last quarter, it was observed that 89 hedge funds were actively buying shares of AMC, while 62 were involved in selling activities. Particularly noteworthy was the fact that 38 hedge funds opted to double down on their positions in AMC during this period. The data also indicated that hedge funds collectively acquired a substantial number of shares, amounting to 43,129,708, while also selling off a significant portion, totaling 15,944,061 shares.
Among the top institutional holders of AMC shares are prominent names such as SUSQUEHANNA INTERNATIONAL GROUP, LLP, VANGUARD GROUP INC, D. E. Shaw & Co., Inc., BlackRock Inc., and RENAISSANCE TECHNOLOGIES LLC. These institutions were noted for their substantial holdings in the company.
The data further shed light on the sentiments of various institutions towards AMC, identifying the most pessimistic and optimistic players in the market. The most pessimistic institutions included CITADEL ADVISORS LLC, SG Americas Securities, LLC, HAP Trading, LLC, SUSQUEHANNA INTERNATIONAL GROUP, LLP, and MARSHALL WACE, LLP. Conversely, the most optimistic institutions were highlighted as D. E. Shaw & Co., Inc., VANGUARD GROUP INC, BlackRock Inc., RENAISSANCE TECHNOLOGIES LLC, and GEODE CAPITAL MANAGEMENT, LLC.
In conclusion, the insights provided by sharkstracker.com offer a data-driven perspective on the market activity surrounding AMC Entertainment Holdings. The data not only reveals the positions taken by hedge funds and institutions but also provides a glimpse into their sentiments towards the company, painting a comprehensive picture of the current market dynamics.