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Billionaire Bill Ackman Has 45% of His Hedge Fund's $13.4 Billion Portfolio Invested in Just 3 Stocks

The Motley Fool

His hedge fund, Pershing Square Capital, invests in high-quality businesses with stocks that Ackman feels have become mispriced relative to their intrinsic value. Brookfield spun off its asset management business last year, but it maintains a 73% ownership stake in it. stock indexes. billion worth of shares as of this writing.

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The Most Successful Hedge Fund Manager in History Is Selling Tesla Stock and Buying This Nasdaq Index Fund

The Motley Fool

That makes Griffin the most successful hedge fund manager in history, according to LCH Investments. On that note, Griffin sold nearly all of his Tesla (NASDAQ: TSLA) stock in the first quarter, but he bought a significant stake in the Invesco QQQ Trust (NASDAQ: QQQ) , a growth-focused index fund that tracks the Nasdaq-100.

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Billionaire Ken Griffin Sold 79% of Citadel's Stake in Nvidia and Is Piling Into Another Artificial Intelligence (AI) Stock With a Competitive Moat

The Motley Fool

This filing tells investors which stocks, exchange-traded funds (ETFs), and occasionally options, Wall Street's top money managers purchased and sold in the latest quarter (in this case, the June-ended quarter). Since its inception in 1990, Citadel's hedge fund has been more successful generating investment gains than any other hedge fund.

Stakes 246
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Billionaire Ken Griffin Sold 79% of Citadel's Stake in Artificial Intelligence (AI) Titan Nvidia and Piled Into These 3 High-Octane Growth Stocks Instead

The Motley Fool

Among the many anticipated 13F filings from billionaire asset managers is that of Ken Griffin's hedge fund, Citadel Advisors. Since its inception, no hedge fund has been more profitable than Citadel, which often hedges its common stock positions with various put and call options. Image source: Getty Images.

Stakes 246
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Billionaires Are Selling Nvidia Stock and Buying 2 Magnificent Index Funds Instead

The Motley Fool

Several hedge fund billionaires trimmed their positions in Nvidia (NASDAQ: NVDA) during the first quarter, and patched the holes in their portfolios by purchasing the Invesco QQQ Trust (NASDAQ: QQQ) and/or the iShares Bitcoin Trust (NASDAQ: IBIT), two index funds with significant growth prospects. David Shaw of D.E. Shaw sold 1.4

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Billionaire Hedge Fund Manager Bill Ackman Thinks You Can Buy This Artificial Intelligence (AI) Stock "For Free." Here's Why I Think He's Right

The Motley Fool

Last year, it was revealed the hedge fund manager opened a position in Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) , the parent company of internet search tool Google and video sharing platform YouTube. For this reason, Ackman's stake in Alphabet represented something greater than just a new position. But why?

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Billionaire David Tepper Just Slashed His Positions in These 5 Artificial Intelligence (AI) Stocks. Should You Sell Them, Too?

The Motley Fool

Few hedge fund managers have been as all-in on artificial intelligence (AI) as David Tepper. His Appaloosa fund's portfolio has been stacked with AI stocks for quite a while. However, Tepper reduced his hedge fund's positions in all of them in Q2. Tepper cut Appaloosa's stake in Amazon (NASDAQ: AMZN) by 9.2%