1 Pricey FAANG Stock Billionaires Are Buying Hand Over Fist and 2 They're Surprisingly Selling
As an investor, it's easy to become overwhelmed by the amount of data at your disposal. Corporate earnings releases and economic data make it easy to potentially miss important announcements. On Monday, Aug. 14, one of those important data releases may have slipped below investors' radars.
August 14 marked the last day for fund managers with at least $100 million under management to file Form 13F with the Securities and Exchange Commission. A 13F provides a snapshot of what stocks and exchange-traded funds the top institutional investors and hedge funds were holding in the most recent quarter. In other words, it's a way for everyday investors to see what Wall Street's smartest investors have been buying and selling.
The latest round of 13Fs showed some very interesting buying and selling activity among the popular FAANG stocks.
Source Fool.com
