2 Monster Growth Stocks Billionaires Can't Stop Buying
Each quarter, retail investors get to see what the big money managers of Wall Street are buying and selling. Institutions with at least $100 million in assets under management are required to disclose their equity holdings by filing a Form 13F with the Securities and Exchange Commission. And the deadline for fourth-quarter filings passed on Feb. 14.
What were the big dogs buying? James Simons of Renaissance Technologies added over 813,000 shares of Airbnb (NASDAQ: ABNB) to his hedge fund, bringing the total shares held to 3.5 million. And billionaire Chase Coleman III of Tiger Global Management bought 62,300 shares of Datadog (NASDAQ: DDOG) for his hedge fund, bringing the total shares held to 5.3 million.
Before adding these stocks to your own portfolio, let's take a closer look at both. Here's what you should know.
Source Fool.com
