Recently, various institutions submitted 13F reports to the US Securities and Exchange Commission (SEC), disclosing US stocks held in the third quarter and the size of their holdings.
As a trendsetter for investment, what kind of position adjustments have been made by “smart money” funds, and which sectors and targets have recently increased and opened positions? Let's have a look at it first!
Overall, by the end of September, Berkshire had cleared Activision Blizzard,$General Motors (GM.US)$,$Procter & Gamble (PG.US)$with$HP Inc (HPQ.US)$。 Among them, the weight of energy stocks increased the most, and the weight of technology stocks fell the most.
In terms of building new position labels, Berkshire only bought 1.7 billion US dollars in stocks in the third quarter, including$Liberty Live-A (LLYVA.US)$with$Sirius XM (SIRI.US)$The stock.
What was Tiger Global Fund, which has heavily invested in securities, reduced its holdings by the most in the third quarter$JD.com (JD.US)$, sold a total of 11.21 million shares, reduced holdings by 53%, and opened positions at the same time$Alibaba (BABA.US)$with$PDD Holdings (PDD.US)$, bought nearly 1.5 million shares and 1.37 million shares respectively. What was the fund's largest increase in individual holdings in Q3$Sea (SE.US)$, followed by$NVIDIA (NVDA.US)$The increase in holdings was 247% and 76.8%, respectively.
The 13F of ARK Investment's latest US stock position document shows that although she is bullish, “Sister Mu Tou” is still selling$Tesla (TSLA.US)$。 In terms of market value, Tesla was the stock that ARK invested the most in the third quarter and reduced its holdings by 16%.
Qiaoshui continues to prefer financial, consumer, and healthcare stocks, and has increased its holdings in information services, energy, and industrial stocks.
Of course, what people pay more attention to is Qiaoshui's investment in China Securities. Among them, those that increased their holdings sharply in the previous quarter$PDD Holdings (PDD.US)$There has been a reduction in holdings, in addition to$NIO Inc (NIO.US)$,$Yum China (YUMC.US)$etc. However, while reducing its holdings, Qiaoshui increased its holdings by a large margin$iShares China Large-Cap ETF (FXI.US)$with$iShares MSCI China ETF (MCHI.US)$The increase in holdings reached 26.09% and 36.15%, respectively.
The target of China's large-cap stock ETF-iShares is mainly for large Hong Kong-listed Chinese companies, while MSCI China ETF-iShares mainly invests in Chinese companies to track the performance of the MSCI China Index. Its holdings mainly include Tencent, Alibaba, Meituan, and Pinduoduo.
Some market analysis points out that it can be seen from this that Qiaoshui was not completely decoupled from Chinese stocks. Reducing its holdings in China in the third quarter was just a matter of adjusting positions. Moreover, Qiaoshui's stock exchanges were very frequent, so adjustments in one quarter did not represent a strategic change.
Editor/Corrine