Source: Finance Association
① Of the top ten hedge funds in the world, about half have heavily invested in Nvidia, and Qiaoshui, AQR, and Castle Investments all bought Nvidia and related targets in the first quarter; ② None of the top ten hedge funds heavily invested in Tesla; instead, half of the top ten hedge funds focused on selling Tesla and related targets in the first quarter.
The Q1 earnings season for US stocks is nearing its end, and all major institutions have also announced their US stock holdings. Judging from the positions of the world's top ten hedge funds in the first quarter, the “Big Seven” in US stocks are still key targets.
Of the top ten global hedge funds, about half are heavily invested$NVIDIA (NVDA.US)$Qiaoshui, AQR, and Castle Investment all bought Nvidia and related products in a big way in the first quarter.
Since the rise of generative artificial intelligence (AI) last year, Nvidia has become the number one star company in the US stock market. With its monopoly position in the field of AI chips, Nvidia's stock price has advanced by leaps and bounds. So far this year, the stock price has risen 91.1%, and the market capitalization has reached 2.33 trillion US dollars, second only to$Microsoft (MSFT.US)$und$Apple (AAPL.US)$.
In addition to Nvidia, hedge fund giants are also focusing on buying$Amazon (AMZN.US)$,$Alphabet-A (GOOGL.US)$and apple. Since this year, Google and Amazon stock prices have increased by a cumulative total of 23.49% and 22.41%, respectively. In contrast, Apple recorded a 1.2% decline during the same period.
Apple is suffering from weak iPhone and Mac sales. The company hopes to boost sales by introducing AI features. It has promised to announce new AI products at the June Global Developers Conference.
The biggest loser among the “Big Seven” of US stocks is clearly$Tesla (TSLA.US)$None of the top ten hedge funds took a heavy stake in the company; instead, half of them focused on selling Tesla and related targets in the first quarter.
Since this year, Tesla's stock price has dropped by about 30%. The reason is that its sales growth rate has slowed sharply, and even price cuts have not been able to reverse the decline. From being unable to find a car to worrying about selling a car, Tesla's poor performance caused it to begin many rounds of layoffs around the world.
Tesla CEO Musk claims that Tesla is far more than an electric car company. However, the market doesn't seem to buy it. Looking at it now, the key for Tesla to reverse the situation is whether it can launch an affordable model, the so-called Model 2, as soon as possible. This model is said to be priced at around 25,000 US dollars. Musk has promised to speed up the launch of affordable models.
The following are the top ten hedge funds in Q1, the top five stocks to buy and sell. The data comes from the third party website Whalewisdom, and the rankings are in no particular order. It should be clarified that the data includes option values, and the listed US stock holdings do not represent the actual assets of the institution.
Qiaoshui's Q1 US stock holdings were US$19.8 billion
Renaissance Technology's Q1 US stock holdings were US$63.6 billion
AQR Capital Management's Q1 US stock holdings were US$58.7 billion
Insman Group's Q1 US stock holdings were US$58.7 billion
Two Sigma's Q1 US stock holdings were $42.6 billion
Millennium Management, Q1 US stock holdings were US$234 billion
Castle Investment's Q1 US stock holdings were US$518.5 billion
Tiger Global Management, Q1 US stock holdings were US$18.3 billion
Deshao Group's Q1 US stock holdings were US$117 billion
Kotu Capital's Q1 US stock holdings were US$25.5 billion
Editor/jayden