Billionaire Chase Coleman Just Added to Tiger Global's Nvidia Stake for the First Time in Over a Year and Dumped These 2 Artificial Intelligence (AI) Stocks
Tiger Global Management's billionaire chief is loading up on shares of Nvidia and bidding adieu to two fast-growing AI stocks.
For some investors, earnings season is the most-exciting period of each quarter. Over a span of six weeks, Wall Street's most-influential businesses lift their proverbial hoods and give investors an inside look at what's going on.
But it can be argued that the release of Form 13Fs by financial institutions is even more telling of Wall Street's innerworkings.
No later than 45 calendar days following the end to a quarter, institutional money managers with at least $100 million in assets under management (AUM) are required to file Form 13F with the Securities and Exchange Commission. A 13F provides investors with an over-the-shoulder view of what Wall Street's premier money managers were up to during the previous quarter (the first quarter, in this instance). It offers a concise snapshot of all buying and selling activity, which helps investors figure out which stocks and trends are piquing the interest of the market's most-successful asset managers.
