Scion Asset Management, LLC 13F Filing Raises Stake In HCA Healthcare By 20K; Raises Stake In Oracle By 50K; Raises Stake In Citigroup By 100K; Raises Stake In CVS Health Corp By 65K; Raises Stake In Alphabet By 35K; Raises Stake In Amazon.com By 30K; Raises Stake In Advance Auto Parts By 70K; Raises Stake In Vital Energy By 87.5K; Raises Stake In Block By 50K; Raises Stake In Bruker By 50K
Portfolio Pulse from Benzinga Newsdesk
Scion Asset Management, LLC's latest 13F filing reveals increased stakes in several companies, including HCA Healthcare, Oracle, Citigroup, CVS Health Corp, Alphabet, Amazon.com, Advance Auto Parts, Vital Energy, Block, and Bruker. The adjustments range from 20,000 to 100,000 additional shares, indicating a bullish stance on these stocks.
February 14, 2024 | 8:05 pm
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POSITIVE IMPACT
Scion Asset Management increased its stake in Advance Auto Parts by 70,000 shares.
The substantial increase in shares suggests a strong confidence in Advance Auto Parts' market position, likely to positively impact its stock price.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Scion Asset Management increased its stake in Amazon.com by 30,000 shares.
A 30,000 share increase in Amazon.com reflects a positive outlook on the company's growth, likely to have a favorable impact on its stock price.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Scion Asset Management increased its stake in Bruker by 50,000 shares.
The increase in Bruker shares suggests confidence in its scientific instruments sector, likely leading to a positive impact on its stock price.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Scion Asset Management increased its stake in Citigroup by 100,000 shares.
The significant increase in Citigroup shares indicates a strong bullish outlook from Scion, likely to positively affect Citigroup's stock in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Scion Asset Management increased its stake in CVS Health Corp by 65,000 shares.
The increase in CVS Health Corp shares suggests confidence in the company's future, likely leading to a positive reaction in its stock price.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Scion Asset Management increased its stake in Alphabet by 35,000 shares.
The purchase of an additional 35,000 Alphabet shares indicates a bullish outlook, which could positively influence Alphabet's stock price.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Scion Asset Management increased its stake in HCA Healthcare by 20,000 shares.
Increasing a stake by 20,000 shares demonstrates a strong vote of confidence in HCA Healthcare's future performance, likely to positively influence investor sentiment.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Scion Asset Management increased its stake in Oracle by 50,000 shares.
A 50,000 share increase suggests strong belief in Oracle's growth potential, potentially leading to a positive short-term impact on its stock price.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Scion Asset Management increased its stake in Block by 50,000 shares.
A 50,000 share increase in Block reflects a strong belief in the company's fintech innovations, likely to positively affect its stock price.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Scion Asset Management increased its stake in Vital Energy by 87.5K shares.
The increase in Vital Energy shares indicates a bullish stance on the energy sector, potentially leading to a positive stock price movement.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80