13F-HR: Peoples Financial Services Corp. Discloses Q2 2024 13F Holdings

Peoples Financial Services Corp. reports its Q2 2024 holdings, totaling $221,080,895 across 393 positions.

Summary

• Peoples Financial Services Corp. filed its Form 13F for the quarter ended June 30, 2024.
• The filing discloses 393 holdings with a total value of $221,080,895.
• The report includes a detailed list of the company's holdings, including the name of the issuer, title of class, CUSIP, FIGI, value, shares, type of discretion, and voting authority.
• The largest holding is in Eli Lilly & Co with a value of $6,105,858.
• The filing also includes holdings in various ETFs and foreign equities.

Sentiment

Score: 7

Explanation: The document is a standard regulatory filing, presenting factual information about the company's holdings. The sentiment is neutral, reflecting the objective nature of the report.

Positives

• The filing provides a comprehensive overview of the firm's investment portfolio.
• The detailed information allows for analysis of the firm's investment strategy and risk exposure.
• The inclusion of voting authority information provides insight into the firm's influence on corporate governance.

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 relative to broader market trends and competitor strategies.

Comparison to Industry Standards

• The portfolio composition reflects a diversified approach, with significant allocations to technology, healthcare, and consumer staples, which aligns with common strategies among similar-sized investment managers.
• Comparing the holdings to those of peers like State Street or BlackRock (though much larger) reveals similar investments in large-cap companies and ETFs, indicating a focus on stable, established assets.
• The allocation to specific sectors and individual stocks can be benchmarked against industry indices like the S&P 500 to assess relative performance and risk exposure.

Stakeholder Impact

• Shareholders can use this information to understand the investment strategy of Peoples Financial Services Corp.
• The filing provides transparency to clients and stakeholders regarding the firm's asset allocation.

Key Dates