Aug. 4 at 8:26 PM
$LODE
For those who care, Grok query result:
"Savvy Advisors, Inc., as a Registered Investment Adviser (RIA), reports its holdings in Comstock Inc. (symbol LODE) via Form 13F filings with the SEC. These filings aggregate securities over which the firm exercises investment discretion, which for an RIA like Savvy means client accounts under management rather than proprietary trading for the firm's own account. There is no public evidence or disclosure indicating that Savvy engages in proprietary trading or holds securities like LODE for its own benefit; their business model focuses on advising and managing assets for clients (individuals, high-net-worth households, and institutions) through personalized portfolios, including their in-house Savvy Wealth Investment Management program. The LODE position is held on behalf of Savvy's clients, likely as part of diversified client portfolios managed under discretionary authority. As of the most recent available data, Savvy's total AUM exceeds
$2.2 billion across thousands of client households, and their 13F-reported holdings (totaling around
$994 million in 518 positions) reflect aggregated client investments. Specific details on the exact allocation of LODE shares across individual clients are not publicly disclosed due to privacy and regulatory reasons, but the increase in ownership (25.13% as noted in prior filings) aligns with strategic adjustments in client asset allocations."
So perhaps the LODE position is for one of their clients. Or several. No way to know. But not prop trading. All for curiosity, no meaning in the big picture I know of.
406,000 shares is a nice position regardless. Not as many as some posters here, but nice...
