Institutional investors adjust holdings in Xylem, Bancorp, and Group 1 Automotive

Various institutional investors and hedge funds have recently adjusted their positions across several companies according to SEC filings.

Bank of America Corp DE significantly increased its holdings in The Bancorp, Inc. by 104.5% during the first quarter, and grew its position in Establishment Labs Holdings Inc. by 56.7%. Conversely, the firm reduced its stake in Group 1 Automotive, Inc. by 28.7% during the same period.

Regarding Group 1 Automotive, Zacks Research has lowered its FY2026 earnings per share estimates to $38.63 from a previous forecast of $41.10, maintaining a ‘Strong Sell’ rating.

In other transactions, Nuance Investments LLC acquired 13,576 shares of Xylem Inc., valued at approximately $1,605,000. Other institutional activity includes increased stakes in Xylem by AQR Capital Management LLC, NewEdge Advisors LLC, and Empowered Funds LLC.