4 Remarkable Growth Stocks Billionaires Can't Stop Buying
This year has served as a clear reminder that the stock market doesn't move up in a straight line. Since hitting their respective all-time highs between November and January, the broad-based S&P 500 and tech-centric Nasdaq Composite both entered a bear market with peak declines of 24% and 34%. The S&P 500's year-to-date performance through June 2022 was its worst first-half return since 1970!
Yet in spite of this turmoil, successful money managers haven't been fazed one bit. We know this thanks to required quarterly 13F filings with the Securities and Exchange Commission (SEC). A 13F allows investors an under-the-hood look at what fund managers with at least $100 million in assets under management (AUM) were buying, selling, and holding in the recently ended quarter.
Source Fool.com