Meet One of the Only Billionaire Money Managers Who Isn't Selling Nvidia Stock
This prominent billionaire fund manager is overseeing $26.5 billion in assets under management, and he hasn't sold a single share from his Nvidia position.
Although emotions can come into play when investing, Wall Street is primarily a data-driven landscape. Quarterly operating results and near-daily (Monday through Friday) economic data releases give investors plenty to comb over.
But perhaps the most important data reveal of each quarter is Form 13F filings from America's most-prominent billionaire money managers.
A 13F provides investors with a concise snapshot of which stocks Wall Street's leading asset managers -- those with at least $100 million in assets under management (AUM) -- have been buying, selling, and holding. Even though these snapshots are up to 45 days old when filed, they can still provide valuable insight into which stocks, industries, sectors, and trends the smartest money managers are flocking to.
