13F-HR: Peoples Financial Services Corp. Discloses Q1 2024 13F Holdings

Peoples Financial Services Corp. reveals its Q1 2024 investment holdings, totaling $230.4 million across 381 positions.

Summary

• Peoples Financial Services Corp. filed its Form 13F for the quarter ended March 31, 2024.
• The total value of their reported holdings is $230,373,732.
• The filing lists 381 holdings.
• The largest holding is in Eli Lilly & Co with a value of $5,589,622.
• The filing includes a variety of common stocks, foreign equities, and exchange-traded funds (ETFs).
• The firm has sole voting authority over a significant portion of its shares, but also shares voting authority with others for some holdings.
• The report indicates the number of shares held, their value, and the voting authority for each holding.

Sentiment

Score: 6

Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It provides factual information about the company's holdings.

Positives

• The filing provides a comprehensive overview of the firm's investment portfolio.
• The firm has a significant position in its own stock, indicating confidence in the company's future.

Industry Context

13F filings are a standard requirement for institutional investment managers with over $100 million in assets under management, providing transparency into their holdings and investment strategies. This filing allows investors to understand Peoples Financial Services Corp.'s investment decisions and compare them to those of other financial institutions.

Comparison to Industry Standards

• Comparing the portfolio composition to similar financial services firms would require analyzing their respective 13F filings.
• For example, comparing the holdings to those of a regional bank like F.N.B. Corporation would provide insights into sector preferences and risk management strategies.
• Analyzing the allocation to ETFs versus individual stocks can indicate the firm's approach to diversification and active versus passive management.
• Comparing the size of the Eli Lilly & Co holding to other healthcare investments can reveal the firm's conviction in the pharmaceutical sector.

Stakeholder Impact

• Shareholders can use this information to understand the investment strategy of Peoples Financial Services Corp.
• The holdings may influence the stock prices of the companies listed in the filing.
• The investment decisions reflect the firm's view on various sectors and industries, impacting the broader market.

Key Dates