4 Cloud Stocks Billionaires Can't Stop Buying
One the most underrated tools at the disposal of investors is Form 13F. This is a required quarterly filing with the Securities and Exchange Commission for institutional investors and hedge funds with over $100 million in assets under management.
In simple terms, a 13F allows Wall Street and Main Street to see what, exactly, the brightest investing minds were up to during the previous quarter. Even though 13Fs have their limitations (e.g., the data is, at minimum, 45 days old), these portfolio snapshots are exceptionally useful in helping professional and lay investors identify trends.
One big trend that's stood out for multiple quarters is billionaires' love for cloud stocks. Whether it's infrastructure, platform, or service-based cloud companies, institutional investors and hedge funds can't seem to get enough.
Source Fool.com