CHOREO, LLC Files Portfolio Update with Major Stock Moves

CHOREO, LLC reveals significant changes in its portfolio, impacting several stocks. The update highlights substantial share decreases and increases, suggesting potential market reactions based on investment strategies.

Date: 28-01-2025

AI Rating: 5

Stock Movements Indicate Investor Sentiment

CHOREO, LLC filed a 13F disclosure that shows its holdings as of December 31, 2024. Notable changes include a significant decrease in shares of $MTSI by approximately 600,230 shares, amounting to nearly $78 million, which reflects a 100% reduction from their previous position. Such a drastic cut may signal a lack of confidence in the stock's future performance, potentially leading to negative sentiment in the market.

The report also indicates an increase in shares of $IWF, where CHOREO added 174,889 shares, worth around $70 million, resulting in a 35% increase in this position. This move may indicate a positive outlook on the growth of this sector or specific company.

Other notable changes include a decrease in shares of $IVV by over 70,000 shares, and an increase in $VOO shares by 52,152, showcasing a shift in asset allocation that could influence stock price movements if similar trends are observed by other institutional investors.

Additionally, $MUB shares decreased significantly, indicating a potential decrease in confidence regarding bond market conditions, while a modest increase in $AAPL suggests a sustained positive sentiment towards the tech giant. Overall, these changes in holdings reported might lead to fluctuations in stock prices as the market reacts to CHOREO’s strategic decisions.

Stocks: MTSI IWF IVV VOO MUB AAPL