Bartlett & Co. Wealth Management Portfolio Update Report

Bartlett & Co. Wealth Management reveals significant stock changes, impacting S&P 500 companies. Notably, $TMUS saw a dramatic share increase, while $FDX and $AMT experienced reductions.

Date: 18-01-2025

AI Rating: 6

Portfolio Adjustments Insights
The portfolio update from Bartlett & Co. Wealth Management indicates substantial changes that could influence stock prices. The firm significantly increased its positions in certain stocks while reducing others.
Stock Increases
1. **$TMUS**: An addition of 56,642 shares translates to approximately $12.5 million, marking a substantial increase of ~2939%. Such a significant uptick suggests strong bullish sentiment towards this stock, likely driving up its market price due to increased demand.
2. **$NVDA**: The addition of 83,233 shares, valued at around $11.2 million, reflects an 11% increase from the previous position. This added investment may be seen as a vote of confidence in NVIDIA, which is likely to positively affect its stock performance.
3. **$VMBS**: With an increase of 134,915 shares worth about $6.1 million, representing a 33% rise, this adjustment could enhance market visibility for VMBS, potentially boosting its stock value.
Stock Reductions
1. **$FDX**: The firm decreased its shares by 20,665, worth approximately $5.8 million, which is an 8% decrease. This reduction might signal diminishing confidence in FedEx, possibly resulting in downward pressure on its stock price.
2. **$AMT**: A decrease of 28,630 shares at $5.2 million reflects a 9% cutback. This could indicate a lack of enthusiasm for American Tower, potentially leading to negative market reactions.
3. **$AAPL**: Even with a slight reduction of 18,215 shares (valued at ~$4.6 million), the 1% decrease suggests minimal concern over Apple, but investors may still view any reduction in holding as a cautious approach.
Overall, the significant additions to positions in $TMUS, $NVDA, and $VMBS may lead to a positive trend in their stock prices, while the reductions in $FDX, $AMT, and $AAPL could create hesitation among investors, potentially exerting downward pressure on those stocks.

Stocks: TMUS NVDA VMBS FDX AMT AAPL