Every quarter, the SEC mandates that fund managers and large investors disclose changes in stock ownership. These 13F filings offer an interesting insight into what these investors are actually doing with their money.
In previous articles, we covered Warren Buffett's and Michael Burry's transactions with one marginally more bullish and the other becoming even more bearish.
In this article, we will do an overview of some other investors' recent activity:
Stanley Druckenmiller
Druckenmiller has been outspoken about his bearish views on the economy and markets. He sees inflation as being more persistent and doesn't have confidence in the Federal Reserve to fully tame it.
These views are reflected in his portfolio as he trimmed exposure to tech companies in the previous quarter. Specifically, he sold out of his Amazon
George Soros
Soros has made the bulk of his fortune taking advantage of booms and busts. Additionally, he is considered to be Druckenmiller's mentor, and they currently have divergent views on the market and economy. So, it's not surprising to see that he has been ramping up his risk exposure in recent quarters despite the market turbulence.
His latest 13F filing shows that he bought Tesla
David Tepper
While Soros and Druckenmiller were the superstars of past decades, Tepper was the superstar of the past bear and bull markets. After being celebrated on Wall Street, his public profile is increasing due to his ownership of the Carolina Panthers.
In the last quarter, Tepper's Appaloosa Management initiated new stakes in Constellation Energy
He also seems to be bullish on big tech as his largest positions are Meta Platforms, Google, and Amazon.
