Nvidia was the best-performing stock in the S&P 500 last year. Its share price surged 239% as artificial intelligence (AI) whipped Wall Street into a frenzy. However, several hedge fund billionaires began diversifying away from Nvidia in the fourth quarter, while purchasing shares of Amazon (NASDAQ: AMZN). Louis Bacon of Moore Capital Management sold 873,000 …
Jim Simons, Ray Dalio, and Israel Englander are some of the most successful investors in history. All three are billionaires, and their respective hedge funds — Renaissance Technologies, Bridgewater Associates, and Millennium Management — have made thousands of investors rich along with them. In investing, there are no bonus points for originality, so it pays …
In case you missed it, last week marked one of the most important data releases of the year. Wednesday, Feb. 14, was the last day for institutional investors with at least $100 million in assets under management to file Form 13F with the Securities and Exchange Commission. A 13F provides investors with a detailed snapshot …