5 Billionaires Are Aggressively Selling the Top-Performing S&P 500 Stock Over the Past Decade
You may not have realized it, but one of the most important data releases of the entire quarter occurred on Monday, Nov. 14. It was the official last filing day for Form 13F with the Securities and Exchange Commission (SEC).
A 13F is effectively a portfolio snapshot for money managers and wealthy individuals with at least $100 million in assets under management. It's required to be filed with the SEC no later than 45 days following the end of the most recent quarter.
Importantly, it gives Wall Street professionals and everyday investors an inside look at what the brightest investment minds have been buying, selling, and holding. Even though these portfolio snapshots are six weeks old, they still provide insight as to what trends are piquing the interest of successful money managers and billionaires.
Source Fool.com