Hedge Fund Insights: Roper Technologies Sees Mixed Changes in Holdings
Recent 13F filings reveal how hedge funds are adjusting their stakes in Roper Technologies Inc. (Symbol: ROP) by the end of 2024.
In evaluating the latest 13F filings, we see that 14 hedge funds reported holding Roper Technologies as of December 31, 2024. When many fund managers share similar positions, it can provide insights worth exploring further.
However, it’s essential to note that 13F filings only disclose long positions. Funds are not required to report short positions, which can provide a skewed view of their overall market outlook. For instance, a fund may hold long shares of ROP while simultaneously betting against it through short options. This dynamic can sometimes paint an incomplete picture of the fund’s sentiments.
Despite this limitation, analyzing groups of 13F filings can offer valuable insights, especially when comparing different reporting periods. Below, we break down the recent changes in ROP holdings:
| Fund | New Position? | Change In Share Count | Change In Market Value ($ in 1000’s) |
|---|---|---|---|
| LVZ Inc. | Existing | +162 | +$61 |
| Atria Investments Inc | Existing | –1,521 | –$1,147 |
| Assetmark Inc. | Existing | –2,326 | –$1,636 |
| Smithfield Trust Co | Existing | UNCH | –$1 |
| NewSquare Capital LLC | NEW | +6 | +$3 |
| J.Safra Asset Management Corp | Existing | +52 | +$26 |
| Arizona State Retirement System | Existing | +77 | –$1,083 |
| Verdence Capital Advisors LLC | Existing | –8 | –$34 |
| Sound Financial Strategies Group LLC | Existing | +228 | +$69 |
| Aigen Investment Management LP | NEW | +5,605 | +$2,914 |
| Proficio Capital Partners LLC | Existing | +67 | +$17 |
| LaFleur & Godfrey LLC | Existing | –40 | –$60 |
| SPC Financial Inc. | Existing | –2,494 | –$1,494 |
| M&T Bank Corp | Existing | –5,705 | –$4,467 |
| Aggregate Change: | –5,897 | –$6,832 | |
In total, five funds increased their holdings in ROP from September 30, 2024, to December 31, 2024. Conversely, six reduced their stakes, and two established new positions in the stock.
Considering all funds reporting ROP holdings at the end of December 2024, we observed an overall increase of 151,410 shares from the previous quarter. The shares moved from 11,985,139 to 12,136,549, indicating a rise of approximately 1.26%. Notably, the top three funds with substantial ROP holdings at this time were:
As we continue to analyze 13F filings from hedge funds, we will keep bringing you updates and insights drawn from these collective trends. While individual filings can sometimes mislead, examining the aggregate data across groups of funds can reveal more about stock interests and behaviors, such as those surrounding Roper Technologies Inc. (Symbol: ROP).
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
