Why Did William Blair Investment Management LLC Reduce Its Stake in Belden Inc. (NYSE:BDC)?

March 19, 2025 09:04 PM AEDT | By Team Kalkine Media

Why Did William Blair Investment Management LLC Reduce Its Stake in Belden Inc. (NYSE:BDC)? — Image source: Shutterstock

William Blair Investment Management LLC's Stake Adjustment

William Blair Investment Management LLC reduced its position in Belden Inc. (NYSE:BDC) by 30.1% in the fourth quarter. According to its latest filing with the Securities and Exchange Commission, the firm sold 123,037 shares, bringing its total ownership to 285,634 shares. This adjustment resulted in the firm holding approximately 0.71% of Belden.

Institutional Holdings and Recent Transactions

Other institutional firms have also adjusted their positions in Belden. Some firms added to their holdings, while others made reductions. Prospera Private Wealth LLC recently acquired a new position in the company. First Horizon Advisors Inc. significantly increased its holdings by 97.7% in the third quarter, now owning 423 shares after acquiring an additional 209 shares.

Changes in Institutional Positions

Parkside Financial Bank & Trust expanded its stake in Belden by 31.3% in the fourth quarter, reaching a total of 835 shares after acquiring an additional 199 shares. Principal Securities Inc. also increased its holdings, now owning 1,202 shares after purchasing an additional 105 shares in the latest quarter. Meanwhile, KBC Group NV raised its stake by 27.8%, acquiring an additional 274 shares to bring its total ownership to 1,261 shares.

Overall Institutional Ownership

Approximately 98.75% of Belden shares are held by institutional investors. This high level of institutional ownership indicates strong participation from financial firms in the company’s stock. The recent changes in holdings reflect ongoing portfolio adjustments among these entities.

Market Impact of Institutional Transactions

Changes in institutional holdings can influence market sentiment surrounding a company. Adjustments made by firms such as William Blair Investment Management LLC and others provide insight into how institutional investors are managing their portfolios within the industrial products sector. While some firms increased their positions, others reduced their stakes, contributing to shifts in overall ownership distribution.

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.