Geode Capital Management LLC Has $4.04 Million Stake in AlTi Global, Inc. (NASDAQ:ALTI)

Geode Capital Management LLC grew its stake in shares of AlTi Global, Inc. (NASDAQ:ALTI) by 41.9% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 1,080,189 shares of the basic materials company’s stock after acquiring an additional 318,860 shares during the quarter. Geode Capital Management LLC owned about 0.77% of AlTi Global worth $4,041,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of ALTI. Bank of New York Mellon Corp boosted its position in shares of AlTi Global by 89.9% during the 2nd quarter. Bank of New York Mellon Corp now owns 106,440 shares of the basic materials company’s stock worth $555,000 after acquiring an additional 50,379 shares in the last quarter. Rhumbline Advisers increased its holdings in shares of AlTi Global by 109.2% during the second quarter. Rhumbline Advisers now owns 37,443 shares of the basic materials company’s stock worth $195,000 after buying an additional 19,547 shares in the last quarter. AlTi Global Inc. boosted its holdings in shares of AlTi Global by 1.5% during the 2nd quarter. AlTi Global Inc. now owns 772,186 shares of the basic materials company’s stock valued at $4,023,000 after acquiring an additional 11,216 shares in the last quarter. The Manufacturers Life Insurance Company bought a new stake in AlTi Global during the 2nd quarter worth approximately $76,000. Finally, SG Americas Securities LLC bought a new position in shares of AlTi Global during the third quarter valued at $63,000. Institutional investors own 3.57% of the company’s stock.

AlTi Global Stock Performance

Shares of AlTi Global stock opened at $4.40 on Monday. The stock has a market cap of $615.25 million, a price-to-earnings ratio of -2.51 and a beta of 0.72. The company has a quick ratio of 4.05, a current ratio of 4.05 and a debt-to-equity ratio of 0.17. AlTi Global, Inc. has a twelve month low of $3.47 and a twelve month high of $7.92. The company’s fifty day moving average is $4.42 and its 200 day moving average is $4.32.

About AlTi Global

AlTi Global, Inc provides wealth and asset management services individuals, families, foundations, and institutions in the United States, the United Kingdom, and internationally. It operates through two segments, Wealth Management and Strategic Alternatives. The company offers discretionary investment management, non-discretionary investment advisory, and investment management and advisory services.