In their previous filing dated August 25, 2022 they reported 3,035,418 shares and 4.99% of the company, an increase in shares of 6.63% and an increase in total ownership of 0.32% (calculated as current – previous percent ownership).
What are other large shareholders doing?
AdvisorShares Investments LLC holds 3,702,509 shares representing 6.08% ownership of the company. In it’s prior filing, the firm reported owning 4,101,799 shares, representing a decrease of 10.78%. The firm decreased its portfolio allocation in GRWG by 14.65% over the last quarter.
Primecap Management Co/ca/ holds 1,159,900 shares representing 1.90% ownership of the company. No change in the last quarter.
State Street Corp holds 1,122,899 shares representing 1.84% ownership of the company. In it’s prior filing, the firm reported owning 1,121,558 shares, representing an increase of 0.12%. The firm increased its portfolio allocation in GRWG by 3.04% over the last quarter.
Geode Capital Management, Llc holds 1,045,650 shares representing 1.72% ownership of the company. In it’s prior filing, the firm reported owning 999,834 shares, representing an increase of 4.38%. The firm increased its portfolio allocation in GRWG by 5.57% over the last quarter.
What is the overall institutional sentiment?
There are 300 funds or institutions reporting positions in GrowGeneration Corp. This is a decrease of 16 owner(s) or 5.06%.
Average portfolio weight of all funds dedicated to GrowGeneration Corp is 0.1166%, a decrease of 26.6125%. Total shares owned by institutions decreased in the last three months by 7.41% to 37,231,075 shares.
Based on this information, institutional sentiment is bearish.
This article originally appeared on Fintel
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