FBALX refers to the Fidelity Puritan Trust - Fidelity Balanced Fund, which is a mutual fund (MUTF). This fund aims to provide a balanced approach to investing, typically holding a mix of stocks and bonds.
From Fintel's data, we can observe the following about FBALX:
- Institutional Ownership: The fund currently has 4 institutional owners who have filed 13D/G or 13F forms with the SEC, holding a total of 62,848 shares. The institutional value in FBALX is reported at $221,000 USD (in thousands). In the most recent quarter, there was a 33.33% increase in the number of institutional owners and a 9.37% increase in institutional shares held. However, the average portfolio allocation by these institutions to FBALX saw a decrease of 44.57% over the same period.
- Portfolio Allocation: While the specific asset allocation (stocks vs. bonds) isn't detailed in these snippets, balanced funds typically maintain a relatively stable allocation to both equity and fixed-income securities.
- Investments by FBALX: Interestingly, FBALX itself appears as an institutional owner in other companies. For example, it holds a significant position in MEG Energy Corp. (DB:ME7), with 3,843,428 shares valued at $67,271,000. This position saw a -2.01% change in shares and a 10.19% change in value in the most recent filing, indicating that FBALX actively manages its underlying investments.
- Historical Price: The share price for FBALX was $32.13 as of September 9, 2021. For current performance and pricing, it's essential to check the latest data on Fintel.
For those interested in a deeper dive, Fintel provides detailed institutional ownership data, SEC filings, and factor analysis for FBALX, which can help in understanding its investment characteristics and how it ranks against other funds in various metrics. You can explore the Fintel page for FBALX for the most up-to-date information on its holdings, performance, and institutional sentiment.
