13F-HR: Westpac Banking Corp Discloses $1.3 Billion in Holdings for Q1 2024

Westpac Banking Corp's latest 13F filing reveals $1,312,552,880 in managed securities as of March 31, 2024, across 680 holdings.

Summary

• Westpac Banking Corp filed its Form 13F holdings report for the quarter ended March 31, 2024.
• The report indicates a total value of $1,312,552,880 in managed securities.
• The filing includes 680 entries, detailing the institution's holdings.
• The report lists two other included managers: BT Funds Management (NZ) Ltd and Westpac Financial Services Ltd.

Sentiment

Score: 5

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

Industry Context

Form 13F filings are a standard requirement for institutional investment managers with over $100 million in assets under management, providing transparency into their investment holdings and strategies.

Comparison to Industry Standards

• The size and composition of Westpac's holdings can be compared to other large banking corporations and asset managers globally, such as JP Morgan Chase, Goldman Sachs, and BlackRock, to assess its investment strategy and risk profile.
• Comparing the holdings to global benchmarks such as the MSCI World Index or the S&P 500 can provide insights into whether Westpac's portfolio is overweight or underweight in certain sectors or regions.

Stakeholder Impact

• The filing provides transparency to Westpac's shareholders regarding the company's investment decisions.
• The disclosed holdings may influence the market perception and trading activity of the listed securities.

Key Dates