Catalytic Wealth RIA, LLC Reduces Stake in Eli Lilly and Co in Latest 13F Filing
Catalytic Wealth RIA, LLC Reduces Stake in Eli Lilly and Co in Latest 13F Filing
In its latest SEC 13F filing, Catalytic Wealth RIA, LLC disclosed a reduction in its holdings of Eli Lilly and Co (NYSE: LLY), a leading player in the medical biology sector. The firm sold approximately 6,650 shares of the pharmaceutical giant, marking a notable adjustment in its portfolio allocation.
Deep Dive into the Trade
Catalytic Wealth RIA, LLC's current position in Eli Lilly now represents 0.96% of its overall portfolio, with a market value of approximately $20.43 million. Despite the sale, the percentage weight of Eli Lilly in the portfolio remained unchanged at 0.96%, suggesting a rebalancing effort rather than a significant strategic shift. The firm’s ownership percentage of Eli Lilly’s total shares remains negligible at 0.0%.
Eli Lilly operates in the Medical Biology sector, a critical industry for healthcare innovation and pharmaceutical development. The company has been at the forefront of breakthroughs in treatments for various chronic and acute conditions, making it a staple in many institutional portfolios.
Market Context (SEO FAQ)
Why is Catalytic Wealth RIA, LLC adjusting its position in Eli Lilly? Portfolio rebalancing is a common practice among institutional investors to maintain desired risk levels or capitalize on market movements. While the exact rationale behind Catalytic Wealth RIA, LLC’s decision is not disclosed, the move could be influenced by recent performance metrics, valuation considerations, or broader market trends.
How much of Eli Lilly does Catalytic Wealth RIA, LLC own? As of the latest filing, Catalytic Wealth RIA, LLC owns a position valued at $20.43 million, which equates to 0.0% of Eli Lilly’s total outstanding shares.
Portfolio Impact
The reduction in Eli Lilly shares demonstrates a slight repositioning within Catalytic Wealth RIA, LLC’s portfolio. By maintaining the allocation percentage at 0.96%, the firm shows continued confidence in the stock's long-term potential while optimizing its overall portfolio strategy.
For a comprehensive view of Catalytic Wealth RIA, LLC’s real-time portfolio and historical 13F data, view Catalytic Wealth RIA, LLC’s full profile here.