Mixed institutional flows and insider selling ahead of earnings
Key Questions
What is the overall trend in recent 13F filings for Procter & Gamble (PG)?
13F filings show mixed institutional flows, with some institutions reducing holdings like Vest Financial (-2.46%, 9.7k shares) and Y.D. More (-86.7%, Q4 2k shares), while others increased significantly such as Newbridge (+946%, 11k shares $1.62M) and BXM (+851%, 58k shares $8.41M). Approximately 65.8% of institutional ownership remains steady amid dip-buying and pre-earnings churn.
Which institutions recently sold shares of Procter & Gamble?
Vest Financial sold 9,702 shares, Y.D. More Investments lessened holdings by 86.7% to 2k shares in Q4, Albion reduced by 25.6% to 8.5k shares, and Banque Pictet & Cie SA sold 407,830 shares. Global X S&P 500 Quality Dividend ETF also sold 141 shares.
Which institutions increased their Procter & Gamble holdings?
Newbridge Financial Services Group raised holdings by 946% to 11k shares worth $1.62M, BXM Wealth increased by 851% to 58k shares ($8.41M), IMC-Chicago bought 74,037 shares (+296%), and Whalen Wealth Management initiated a new position. Others like Savvy (+62.7%), Vanguard, Czech, Invesco also added shares.
What insider activity has occurred recently for PG?
Insiders sold 348k shares worth $55M, including sales by Moeller and Coombe. This steady selling continues ahead of Q3 earnings on 4/24.
Are there any new institutional positions in PG?
Whalen Wealth Management boosted its stake with a new $538,000 position in PG. Global X Adaptive U.S. Factor ETF also bought 614 shares.
What does the mixed institutional flow suggest ahead of PG earnings?
The churn reflects dip-buying versus pre-Q3 earnings positioning, with small dividend buys around $143-144 and GF at $165. Overall, 65.8% institutional ownership indicates stability despite mixed signals.
How significant are BXM Wealth's holdings in PG?
BXM Wealth LLC holds 58k shares valued at $8.41M, representing an 851% increase. This positions it as a notable new buyer in recent filings.
What is the context of Pictet's sale of PG shares?
Banque Pictet & Cie SA sold 407,830 shares, a substantial reduction of 75.5%. This contributes to the mixed flows observed in 13F reports.
13F mixed: Vest -/Newbridge +946%/BXM+851%/Vanguard+/Invesco+/Pictet -/insiders348k$55M; dip buys $143-144; 65.8% inst own pre-Q3 4/24.