Accenture Plc, a company that provides management consulting, technology and outsourcing services, operates in five segments: Communications, Media & Technology, Financial Services, Health & Public Service, Products, and Resources.
The firm is organized around 19 industry groups, serving global clientele. Notably, in 2013, Accenture made several strategic acquisitions including ASM Research, a 51% stake in IT service provider GPIT Ltd, consulting and systems integrator PRION Group, a majority interest in Vivere Brasil Servicos e Solucoes SA, and Procurian Inc.
Accenture is listed on the NYSE and employs about 442,000 people.
The forthcoming report utilizes data sourced from Radient Analytics. Let's delve into key changes that happened for Accenture, breaking down the 13F filings of its top buyerss and sellers.
In June 2023, Accenture Plc saw notable changes in its ownership stakes among its top hedge fund investors, as captured in the data below:
Nordea Investment Management AB, despite a modest increase of 5.74% in share ownership, saw its holdings' value surge by 15.75%, totaling $543.3M.
Copeland Capital Management, LLC experienced substantial growth of 47.54% in their shares, resulting in a 59.3% jump in their holdings' value to $10.7M.
Buckingham Capital Management, Inc. recorded an increase in their stake, with shares soaring by 152.56%, resulting in a value change of 172.69% to $6.1M.
Churchill Management Corp is a new entrant, with their holdings valued at $3.8M.
Sycomore Asset Management SA increased its shares by 9.71%, reflecting a 20.82% increase in the value of its holdings to $8.2M.
Signet Investment Advisory Group, Inc. raised its stake by 22.6% to $2.2M.
Ardevora Asset Management LLP experienced a significant reduction in its Accenture PLC shares by 40.39%, bringing its current value to $53.18 million, marking a decrease in value by 35.64%.
Osborne Partners Capital Management LLC's share count decreased minimally by 0.13%, but the current value of their shares increased to $4.57 million, an increase in value by 7.83%.
Similar modest share count decreases were also observed by Keel Point, LLC and Telemus Capital, LLC, at 0.51% and 0.43% respectively, with the current values increasing to $5.89 million and $7.91 million respectively.
Investec Asset Management North America, Inc.'s share count essentially remained the same, decreasing by only 0.03%, while the current value rose to $4.87 million, a gain in value of 7.94%.
Matrix Asset Advisors Inc experienced a 5.12% decrease in their Accenture PLC shares, bringing the current value to $251,493, a slight increase in value by 2.44%.