Artemis Investment Management LLP Activity in Q2 2024: Key Acquisitions and Holdings
New Holdings and Increased Stakes
Artemis Investment Management LLP made several notable portfolio changes in the second quarter of 2024. The firm increased its holdings in QUALCOMM Incorporated (NASDAQ: QCOM), acquired a new stake in Popular Inc (NASDAQ: BPOP), and opened a new position in Stryker Corporation (NYSE: SYK).
Increased Stake in QUALCOMM
Artemis substantially increased its holdings in QUALCOMM, acquiring an additional 1,769,667 shares. This brings the firm's total ownership to a significant stake, reflecting their confidence in the company's growth prospects.
New Stake in Popular Inc.
In the second quarter, Artemis acquired a new stake in Popular Inc., a leading financial institution in Puerto Rico. The firm's acquisition of shares demonstrates its belief in the bank's stability and growth potential.
New Position in Stryker
Artemis also opened a new position in Stryker, purchasing 176,967 shares. Stryker, a medical technology company, has a strong track record of innovation and growth, making it an attractive investment for Artemis.
Increased Stake in HashiCorp
Additionally, Artemis increased its stake in HashiCorp Inc. by 4,160 shares in the first quarter of 2024. This continued investment suggests Artemis's bullish stance on the cloud-based infrastructure company.
13F Filing and Concentration
Artemis Investment Management LLP's most recent 13F filing for Q2 2024 indicated that the firm managed $743,865,9421 in 13F securities. The firm's top 10 holdings accounted for 31.55% of its managed securities.
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