Firethorn Wealth Partners LLC Sells 315 Shares of QUALCOMM Incorporated $QCOM

Key Takeaways:

• Firethorn Wealth Partners LLC reduced its holdings in QUALCOMM by 18.2%
• The firm sold 315 shares during the second quarter
• Its remaining stake in QUALCOMM now stands at 1,416 shares
• This information comes from a 13F filing with the SEC
• The sale illustrates a notable shift in the investor’s portfolio

Firethorn Wealth Partners Adjusts Q2 Holdings

Firethorn Wealth Partners LLC, an institutional investor, has reduced its position in QUALCOMM Incorporated. According to the most recent 13F filing with the Securities and Exchange Commission (SEC), the firm sold 315 shares of the wireless technology company during the second quarter, representing a decline of 18.2% in its overall holdings.

The SEC Filing and Its Significance

A 13F filing is a quarterly disclosure required by the SEC for institutional investment managers overseeing at least $100 million in assets. These filings offer insight into the buying and selling activities of major investors, helping analysts, shareholders, and the public understand shifts in significant stakes.

Impact on Firethorn’s Portfolio

After selling the 315 shares, Firethorn Wealth Partners LLC now holds a total of 1,416 shares of QUALCOMM. The reduction underscores the company’s decision to recalibrate its investments in the wireless technology sector during the second quarter.

Broader Context for Investors

While the filing does not elaborate on the reasons behind the move, such adjustments are often part of routine portfolio management. By regularly monitoring these disclosures, other market participants can gauge changes in sentiment around key companies like QUALCOMM and respond accordingly.