Pathstone Family Office LLC Takes Position in Hanesbrands Inc. (NYSE:HBI)

Pathstone Family Office LLC is a private investment firm that manages assets for high net worth individuals and families. The company has been in operation since 1995 and is headquartered in New York City.

Hanesbrands Inc. is a global textile manufacturer that produces a wide range of products, including apparel, hosiery, and denim. The company was founded in 1869 and is based in Greensboro, North Carolina. Hanesbrands is listed on the New York Stock Exchange under the ticker symbol NYSEHBI.

According to its most recent 13F filing with the Securities and Exchange Commission (SEC), Pathstone Family Office LLC purchased a new stake in shares of Hanesbrands Inc. during the 3rd quarter. The fund purchased 23,070 shares of the textile maker's stock, valued at approximately $91,000.

It is worth noting that institutional investors and hedge funds also hold significant stakes in Hanesbrands Inc. These investors typically purchase large blocks of stock with the goal of generating returns through price fluctuations or other market movements.

Overall, Pathstone Family Office LLC's investment in Hanesbrands Inc. suggests that the company believes the textile maker has strong growth potential and is well-positioned to benefit from market trends.