3 Ultra-Popular Stocks Billionaire Investors Are Selling
Investors are never lacking for data on Wall Street. We're currently in the heart of earnings season, and economic data continues to be reported on a near-daily basis. But arguably the most important data release of the quarter is set to occur this Wednesday, May 15. This marks the deadline for institutional money managers to file Form 13F with the Securities and Exchange Commission.
A 13F provides an over-the-shoulder snapshot of what Wall Street's brightest minds, with at least $100 million in assets under management, have been buying, selling, and holding in the most recent quarter -- in this instance, the March-ended quarter. It's not uncommon for professional and everyday investors to follow in the footsteps of Wall Street's most-successful asset managers.
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Source Fool.com
