This Wall Street Billionaire Aggressively Sold 3 FAANG Stocks While Piling Into Another
Between earnings season and a constant barrage of economic data releases, it's easy for investors to feel overwhelmed by the amount of information thrown their way. What you might not realize is that one of the most important information releases of the entire quarter occurred just a few days earlier.
No later than 45 days following the end of a quarter, money managers with at least $100 million in assets under management are required to file Form 13F with the Securities and Exchange Commission. A 13F provides a neat-and-tidy snapshot that investors can use to determine what stocks the brightest minds on Wall Street have been buying and selling. Monday, May 15, marked the deadline for asset managers to file their 13Fs for the first quarter.
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Source Fool.com
