4 Nasdaq 100 Stocks Billionaires Piled Into During the First Quarter
One of Wall Street's most important data reveals of the quarter occurred last week, and you might have missed it.
May 16 marked the deadline for money managers with at least $100 million in assets under management to file Form 13F with the Securities and Exchange Commission. A 13F provides a snapshot of what the most successful fund managers were buying, selling, and holding in the most-recent quarter (in this case, the first quarter). Despite the drawbacks associated with 13Fs -- they're over six weeks old when filed -- they can be quite useful in identifying trends and stocks that are piquing the interest of money managers.
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Source Fool.com