Highlights
- Institutional ownership in BlackBerry Limited (NYSE:BB) has shifted as several firms adjusted their holdings.
- US Bancorp DE reduced its position in the company during the fourth quarter.
- Other investment firms have modified their stakes in the company over recent quarters.
Institutional Ownership Adjustments
Institutional ownership in BlackBerry Limited (NYSE:BB) has undergone changes as firms revise their positions. US Bancorp DE reduced its stake in the company, adjusting its holdings during the fourth quarter. The company disclosed this shift in a recent filing with the Securities and Exchange Commission.
Other Firms Modifying Positions
In addition to US Bancorp DE, several firms have altered their holdings. Quantinno Capital Management LP entered a new position in BlackBerry, joining the roster of institutional holders. Similarly, Masso Torrence Wealth Management Inc. added shares, reflecting a broader trend among firms making portfolio adjustments.
Recent Portfolio Additions
New firms have been reported acquiring positions in BlackBerry over recent quarters. Sanctuary Advisors LLC and Palacios Wealth Management LLC entered the market with new stakes in the company. Ballentine Partners LLC also added a position, further indicating ongoing movement within institutional ownership.
Current Institutional Ownership Landscape
Institutional firms continue to hold a significant portion of BlackBerry’s shares. The adjustments made by various entities illustrate a dynamic ownership structure. These shifts highlight ongoing changes in institutional strategies regarding BlackBerry’s stock.
Industry Context and Market Presence
BlackBerry operates within the technology sector, focusing on cybersecurity and software solutions. The company maintains a presence in enterprise security, automotive software, and embedded systems. These areas remain key focal points as institutions adjust their positions in the stock.