New Age Alpha Advisors, LLC Boosts Stake in CrowdStrike in Latest 13F Filing

New Age Alpha Advisors, LLC Boosts Stake in CrowdStrike in Latest 13F Filing

New Age Alpha Advisors, LLC has made a notable adjustment to its portfolio according to its latest SEC 13F filing. The firm increased its stake in CrowdStrike (CRWD), a leading player in the computer industry, by acquiring an additional 11,560 shares. This move highlights the institution's growing confidence in the cybersecurity giant.

Deep Dive into the Trade

The latest filing reveals that New Age Alpha Advisors, LLC now holds a position in CrowdStrike valued at approximately $13.26 million, which accounts for 0.57% of the fund's overall portfolio. Despite the significant share addition, the percentage change in the position size remained flat at 0.0%, potentially indicating a recalibration within the portfolio's weightings. Furthermore, the institution's ownership represents 0.01% of CrowdStrike's total outstanding shares.

Market Context: Why CrowdStrike?

CrowdStrike operates within the competitive and fast-evolving computer industry, specializing in cybersecurity solutions—a sector that continues to see robust demand amid rising global cyber threats. Investors often view CrowdStrike as a growth-oriented stock with long-term potential, making it a strategic addition for institutional portfolios. The decision by New Age Alpha Advisors, LLC to increase its stake could reflect confidence in the company's ability to capitalize on these industry trends.

Portfolio Impact

With CrowdStrike now constituting 0.57% of New Age Alpha Advisors, LLC's portfolio, this move slightly enhances the firm's exposure to the technology sector. While the overall percentage may seem modest, the increased stake underscores the institution's targeted investment strategy within high-growth industries.

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For a comprehensive view of New Age Alpha Advisors, LLC’s full real-time portfolio and historical 13F data, click here.