Billionaire Philippe Laffont Sold 80% of Coatue's Stake in Nvidia and Is Piling Into This Historically Cheap Artificial Intelligence (AI) Stock Instead

In case you missed it, one of the most important data releases of the fourth quarter occurred last week -- and I'm not talking about the October inflation report.No later than 45 calendar days following the end to a quarter, institutional investors with at least $100 million in assets under management (AUM) are required to file Form 13F with the Securities and Exchange Commission. This formal-sounding filing allows investors to see which stocks Wall Street's smartest and most historically successful money managers purchased and sold in the latest quarter (in this instance, the September-ended quarter).Even though 13Fs aren't perfect -- since they're filed up to 45 days after a quarter ends, their snapshot can be stale for active hedge funds -- they can still provide invaluable insight on which stocks, industries, sectors, and trends are piquing the interest of top-tier investors. This includes gauging sentiment on Wall Street's hottest innovation, artificial intelligence (AI).Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool