Wiregrass boosts GE Aerospace stake 68% in Q1
Wiregrass Investment Management LLC disclosed new or increased stakes across several U.S. securities in its first-quarter 13F filings, starting with GE Aerospace where it boosted its holdings by 68.1% to 5,480 shares, about 1.3% of its portfolio and roughly $1.56 million in value. The firm also bought 88,794 shares of AGNC Investment Corp., totaling about $891,000, and acquired 15,544 shares of International Paper for around $555,000. Additionally, Wiregrass expanded exposure to the SPDR Portfolio S&P 500 Growth ETF by purchasing 27,413 shares, valued at about $2.68 million, making it the fund’s ninth-largest holding. GE Aerospace remains a focal point for the fund, with the broader investor landscape showing substantial institutional ownership, including Vanguard, Auto Owners Insurance Co, State Street, Geode Capital Management, and Norges Bank, collectively highlighting 74.77% ownership by hedge funds and other institutions. The activity across aerospace, real estate finance, basic materials, and growth-oriented equities and ETFs illustrates Wiregrass’s diversified, incremental approach to capital deployment in the first quarter. These moves come alongside broader market interest in GE Aerospace, AGNC, International Paper, and SPYG, reflecting ongoing investor reassessment of value and growth opportunities in these areas.

