At Holdings Channel, we have reviewed the latest batch of the 28 most recent 13F filings for the 06/30/2025 reporting period, and noticed that Eli Lilly (Symbol: LLY) was held by 17 of these funds. When hedge fund managers appear to be thinking alike, we find it is a good idea to take a closer look.
Before we proceed, it is important to point out that 13F filings do not tell the whole story, because these funds are only required to disclose their long positions with the SEC, but are not required to disclose their short positions. A fund making a bearish bet against a stock by shorting calls, for example, might also be long some amount of stock as they trade around their overall bearish position. This long component could show up in a 13F filing and everyone might assume the fund is bullish, but this tells only part of the story because the bearish/short side of the position is not seen.
Having given that caveat, we believe that looking at groups of 13F filings can be revealing, especially when comparing one holding period to another. Below, let's take a look at the change in LLY positions, for this latest batch of 13F filers:
| Fund | New Position? | Change In Share Count | Change In Market Value ($ in 1000's) |
|---|---|---|---|
| Exchange Bank | Existing | -48 | -$94 |
| Market Street Wealth Management Advisors LLC | Existing | -120 | -$829 |
| Sivia Capital Partners LLC | Existing | -121 | -$191 |
| Finley Financial LLC | Existing | UNCH | -$44 |
| Sawyer & Company Inc | Existing | -104 | -$634 |
| Breakwater Investment Management | Existing | UNCH | -$1 |
| Intelligence Driven Advisers LLC | Existing | -552 | -$481 |
| Dynamic Advisor Solutions LLC | Existing | -386 | -$987 |
| Sarasin & Partners LLP | Existing | +9,735 | -$2,988 |
| Gateway Investment Advisers LLC | Existing | -1,801 | -$8,785 |
| Baron Wealth Management LLC | Existing | +15 | -$17 |
| Goelzer Investment Management Inc. | Existing | +7,349 | -$19,795 |
| David J Yvars Group | Existing | -105 | -$128 |
| Seneca House Advisors | Existing | -133 | -$156 |
| Westbourne Investments Inc. | Existing | -685 | -$666 |
| Lbmc Investment Advisors LLC | Existing | UNCH | -$84 |
| New England Research & Management Inc. | Existing | +90 | -$56 |
| Aggregate Change: | +13,134 | -$35,936 | |
In terms of shares owned, we count 4 of the above funds having increased existing LLY positions from 03/31/2025 to 06/30/2025, with 10 having decreased their positions.
Looking beyond these particular funds in this one batch of most recent filers, we tallied up the LLY share count in the aggregate among all of the funds which held LLY at the 06/30/2025 reporting period (out of the 224 we looked at in total). We then compared that number to the sum total of LLY shares those same funds held back at the 03/31/2025 period, to see how the aggregate share count held by hedge funds has moved for LLY. We found that between these two periods, funds reduced their holdings by 42,110 shares in the aggregate, from 743,949 down to 701,839 for a share count decline of approximately -5.66%. The overall top three funds holding LLY on 06/30/2025 were:
| » | Fund | Shares of LLY Held |
|---|---|---|
| 1. | Salem Investment Counselors Inc. | 71,869 |
| 2. | LVM Capital Management Ltd. MI | 50,756 |
| 3. | E. Ohman J or Asset Management AB | 40,033 |
| 4-10 | Find out the full Top 10 Hedge Funds Holding LLY | » |
We'll keep following the latest 13F filings by hedge fund managers and bring you interesting stories derived from a look at the aggregate information across groups of managers between filing periods. While looking at individual 13F filings can sometimes be misleading due to the long-only nature of the information, the sum total across groups of funds from one reporting period to another can be a lot more revealing and relevant, providing interesting stock ideas that merit further research, like Eli Lilly (Symbol: LLY).
10 S&P 500 Components Hedge Funds Are Buying »
Also see:
TransDigm Group Average Annual Return
Top Ten Hedge Funds Holding DWTR
INTC Options Chain
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
