Forget Nvidia: Billionaires Are Selling It and Buying These 2 Hypergrowth Stocks Instead
You might not realize it, but one of the most important data releases of the quarter occurred roughly two weeks ago. On May 15, institutions with at least $100 million in assets under management were required to file Form 13F with the Securities and Exchange Commission.
In simple terms, a 13F gives investors over-the-shoulder access to Wall Street's brightest investment minds. Though the data can be delayed by more than six weeks, it provides a snapshot of what Wall Street's top investors bought and sold in the latest quarter (in this instance, 13Fs detailed trading activity for the first quarter). These filings can be especially useful in identifying which stocks, sectors, industries, and innovations asset managers are buying into or avoiding.
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Source Fool.com
