Editor's note: every year in the earnings season, major investment institutions will disclose the latest position report (13F). Based on the information disclosed by 13F, investors can learn about the latest asset allocation strategies of star institutions such as Berkshire and Bridgewater Fund, and see which companies their "smart money" goes to, so as to get a reference on the direction of investment. Welcome to subscribe to the special topic.The Secret of the Adjustment of US stocks in Top institutionsTo explore the secrets of the positions of Wall Street financial predators.
Recently, with Qiaoshui, Blackrock, JPMorgan Chase & Co and so on have updated the 13F report, the top institutions in the second quarter of the U. S. stock position finally surfaced.
In the second quarter of this year, U. S. stocks pulled back sharply, with the Dow, Nasdaq and S & P 500 down more than 11%, 22% and 16%, respectively. Fortunately, entering the third quarter, U. S. stocks gradually stabilized and rebounded.
In this "roller coaster" market, what are the positions of institutional funds that are regarded as "smart money"?
Let's take a look.Bridge waterThe world's largest hedge fund reduced its positions in heavy stocks, with the top five stocks all reduced to varying degrees. Qiaoshui is optimistic about retail stocks and increased its holdings at the same time in the second quarter.$Costco Wholesale Corp (COST.US) $、$Walmart Inc (WMT.US) $。
For China-listed stocks, Qiaishui cleared the stock.$BABA (BABA.US) $、$JD.com (JD.US) $、$Bilibili Inc. (BILI.US) $、$NetEase, Inc (NTES.US) $Etc., and increased its holdings at the same time.$Baidu, Inc. (BIDU.US) $、$NIO Inc. (NIO.US) $、$XPeng Inc. (XPEV.US) $。
JinglinThe position is still dominated by US-listed stocks, with BABA increasing its holdings in the second quarter.$Full Truck Alliance Co. Ltd. (YMM.US) $、$Pinduoduo (PDD.US) $Etc., reduced its holdings of NetEase, Inc,$Alphabet Inc-CL C-A (GOOGL.US) $JD.com, etc., cleared the stock.$JOYY Inc (YY.US) $、$So-young International Inc (SY.US) $、$Peloton Interactive (PTON.US) $。$Grab Holdings (GRAB.US) $It is the only stock in which the institution has built a new position.
Related readings:Jinglin Q2 US stock position exposure: KE Holdings Inc. rose to the largest heavy stock, BABA and Pinduoduo returned to the top ten positions
The king of capital managementBlackrockThen sell some technology stocks and reduce their holdings.$NVIDIA Corp (NVDA.US) $、$Netflix Inc (NFLX.US) $、$Microsoft Corp (MSFT.US) $Wait, but the position is increased.$Apple Inc (AAPL.US) $、$Amazon.Com Inc (AMZN.US) $、$Tesla, Inc. (TSLA.US) $. In addition, Blackrock also increased his positions in health care and energy stocks, such as$UnitedHealth Group Inc (UNH.US) $、$Johnson & Johnson (JNJ.US) $、$Exxon Mobil Corp (XOM.US) $和$Chevron Corp (CVX.US) $。
British 100-year-old asset management giantBaillie GiffordReduced holdings of Tesla, Inc., NVIDIA Corp and Netflix Inc in the second quarter. In terms of US-listed stocks, their holdings have been greatly increased.$NIO Inc. (NIO.US) $Reduced holdings of Pinduoduo, clearance BABA and JD.com.
It is worth mentioning that the agency Q2 boldly copied the bottom.$Spotify Technology (SPOT.US) $、$Shopify Inc (SHOP.US) $Both stocks have rebounded by more than 30% since July.
JPMorgan Chase & Co"bottom" some technology stocks, such as Microsoft Corp, Amazon.Com Inc and Alphabet Inc-CL C-C, but reduced their holdings of Apple Inc. In addition, the agency concentrated on increasing its holdings of health care units, such as UnitedHealth Group Inc,$AbbVie Inc (ABBV.US) $、$Bristol-Myers Squibb Co (BMY.US) $, Johnson & Johnson, etc.
The RenaissanceThe attitude towards technology stocks is more divided, newly built positions Microsoft Corp, Shopify Inc, increased holdings of Meta Platforms, Apple Inc, but cleared Amazon.Com Inc, Alphabet Inc-CL An and Alphabet Inc-CL C C. In terms of US-listed stocks, their holdings have been greatly reduced.$New Oriental Education & Technology Group (EDU.US) $。
Through the position changes of top institutions, Niu friends can gain insight into the recent investment wind and institutional asset allocation strategies, and get some ideas from them. Next, Berkshire, Temasek, Capital Group and other star institutions will disclose the details of their positions, let's wait and see!
More star institutional positions can be viewed through "Futu Niuniu APP- Market-opportunity-Institution tracking"
Edit / lydia, somer