DayMark Wealth Partners, LLC Increases Position in Alphabet-A: 13F Filing Update
DayMark Wealth Partners, LLC Increases Position in Alphabet-A: 13F Filing Update
DayMark Wealth Partners, LLC has made a notable move in its latest SEC 13F filing, significantly increasing its stake in Alphabet-A (NASDAQ: GOOGL). The firm reported a purchase of 927 additional shares, bringing its total holdings in the tech giant to a market value of $140.73 million. This represents 6.07% of the firm's overall portfolio allocation.
Deep Dive into the Trade
Alphabet-A, a leader in the Internet & Media industry, continues to be a focal point for institutional investors. With this recent purchase, DayMark Wealth Partners, LLC has reaffirmed its confidence in the company. Despite the 0.0% change in the percentage of total shares owned, the increased position underscores the firm’s strategic commitment to Alphabet-A as a core portfolio holding.
Market Context
Investors may wonder, "Why is DayMark Wealth Partners, LLC increasing its position in Alphabet-A?" The move likely reflects a bullish outlook on Alphabet-A's long-term growth prospects within the highly competitive Internet & Media sector. Alphabet-A’s dominance in digital advertising and its expanding ventures into cloud computing and artificial intelligence make it a compelling investment.
Another common question is, "How much of Alphabet-A does DayMark Wealth Partners, LLC own?" Despite the sizable market value of $140.73 million, the firm holds less than 0.01% of Alphabet-A’s total outstanding shares, indicating room for further accumulation if desired.
Portfolio Impact
The addition of Alphabet-A to DayMark Wealth Partners, LLC’s portfolio increases the concentration in the Internet & Media industry. With Alphabet-A now constituting 6.07% of the total portfolio, it is evident that the firm views this investment as a cornerstone for its growth strategy.
For more details on DayMark Wealth Partners, LLC’s investment strategy and to explore their full portfolio, view DayMark Wealth Partners, LLC’s full real-time portfolio and historical 13F data here.