Crossmark Global Holdings Updates Portfolio with Major Moves

Crossmark Global Holdings recently updated its portfolio, revealing significant changes to their stock holdings. The report highlights notable decreases in positions and some increases, which could influence stock prices for affected companies.

Date: 17-01-2025

AI Rating: 5

Crossmark Global Holdings, Inc. recently filed a portfolio update via a 13F disclosure for the report period ending December 31, 2024. The changes in their holdings indicate investor confidence and a potential shift in market trends. Several key stocks experienced substantial movements: 1. **$AVGO**: Crossmark reduced its position by 124,766 shares, translating to a decrease of approximately 27%. This significant selling action could negatively impact the stock price due to perceived lower confidence in its future performance. 2. **$CNC**: The decrease of 360,149 shares (about 96%) could indicate serious concerns, potentially leading to strong negative sentiment around the company. 3. **$AMZN**: A decrease by 94,171 shares, or 16%, suggests a cautious approach to holding this stock amid ongoing market volatility. 4. **$TJX**: The addition of 146,658 shares (an increase of 130%) indicates strong confidence in the stock's future, which could generate positive sentiment and potentially drive prices up. 5. **$WFC**: A decrease of 248,564 shares (45%) may signal weakness or caution in the banking sector, which could lead to a decline in stock value. 6. **$AMAT**: An addition of 89,791 shares (139% increase) reflects optimism surrounding this stock, potentially boosting its price. While the report suggests that there might have been inaccuracies due to filing or parsing errors, the observed trends in share additions and reductions provide valuable insights into current market sentiment, potentially affecting stock prices for these companies. Investors should take note of these shifts as they could indicate broader market trends.

Stocks: AVGO CNC AMZN TJX WFC AMAT