Wall Street's Most Polarizing Stock Was a Top Buy for 7 Billionaires in the Fourth Quarter
February has been jam-packed with data releases for the investing community. Between earnings reports, economic data, and a Federal Open Market Committee meeting to kick off the month, it'd be very easy to miss something important.
It just so happens that one of the most important data releases may have flown under investors' radars given that it landed on Valentine's Day. Feb. 14 marked the Form 13F filing deadline with the Securities and Exchange Commission (SEC) for money managers with at least $100 million in assets under management.
A 13F is a quarterly filing that provides investors with a fund's portfolio snapshot. Effectively, it shows what the brightest and most successful money managers on Wall Street bought, sold, and held in the latest quarter. Even though 13Fs display a portfolio snapshot that's six weeks old by the time they're filed, they can still offer valuable information with regard to what stocks, industries, sectors, and trends are interesting Wall Street's top investors.
Source Fool.com
