3 Brand-Name Stocks Billionaire Money Managers Ditched in the Third Quarter
November brings more to investors' tables than pumpkin-spiced lattes and turkey dinners. It also happens to be one of the four months a year where 13-F filings with the Securities and Exchange Commission are due. A 13-F is a required holdings disclosure for money managers with more than $100 million in assets under management. In other words, once every quarter (45 days after the previous quarter has ended, to be precise) we get a look under the hood at what the wealthiest and possibly brightest money managers have been up to in the preceding three months.
While even the wealthiest money managers are fallible, just like the retail investor, they didn't get to be in the position they are today without having a pretty good understanding of how businesses work. Therefore, paying attention to the stocks they bought and sold can tell us a lot about investors' sentiment, and perhaps even clue us into trends we may not have noticed.
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Source: Fool.com
Alphabet Inc. A Stock
The stock is an absolute favorite of our community with 95 Buy predictions and no Sell predictions.
As a result the target price of 177 € shows a slightly positive potential of 14.8% compared to the current price of 154.18 € for Alphabet Inc. A.
