Wellington Management Updates Major Stock Positions

Wellington Management Group has disclosed significant portfolio changes. A notable decrease was seen in Apple (AAPL) shares, while Google (GOOGL) shares increased substantially. These adjustments may impact stock prices for the respective companies.

Date: 13-02-2025

AI Rating: 5

Portfolio Changes Impacting Stock Price
Wellington Management Group LLP recently filed a portfolio update indicating major stock moves for the period ending on December 31, 2024. Such changes in institutional holdings can significantly influence stock prices, as they often reflect managers' confidence in specific companies.

**Earnings Per Share (EPS)**: There is no mention of EPS in the report, therefore, this metric cannot be analyzed.

**Revenue Growth**: Revenue growth details are not provided in the report, so it cannot be assessed.

**Net Income**: There are no mentions of net income within the given text.

**Profit Margins**: The report does not provide any information regarding profit margins (gross, operating, net).

**Free Cash Flow (FCF)**: The report lacks data regarding free cash flow.

**Return on Equity (ROE)**: There is no information available about return on equity.

However, the shifts in stock holdings are quite pronounced. For instance, Wellington Management Group significantly decreased its stake in Apple (AAPL) by over 7%, equating to a drop of approximately 7,144,852 shares worth around $1.79 billion. This reduction might signal to the market a lack of confidence or a strategic shift away from AAPL, potentially leading to a decrease in its stock price.

Conversely, they increased their holding in Google (GOOGL) by roughly 9%, with an addition of over 9 million shares worth about $1.71 billion, a substantial jump of 16% over their previous position. Such an increase can be viewed positively, indicating strong confidence in Google's performance, which may fuel upward momentum in its stock price.

Other stocks like Visa (V) and General Dynamics (GD) also saw considerable reductions, of 35% and 42% respectively, reflecting potential bearish outlooks from the management. Meanwhile, Eli Lilly (LLY) saw a modest increase in shares, suggesting some level of optimism about the company's future.

Stocks: AAPL GOOGL V GD LLY MS