News list for " underweight"
ARK Invest sold 3,769 Coinbase shares yesterday, worth about $1.08 million.
U.S. active funds have not outperformed the market this year, and underweight NVIDIA is the key. Although NVIDIA is favored on Wall Street, many large investors are not overly bullish on it. Vivek Arya, a global research analyst at Bank of America, and his team recently conducted a quarterly review of semiconductor stock holdings in active funds. The results show that although NVIDIA is the largest semiconductor stock held in active funds, with a holding ratio of about 70%...
On August 3rd, according to a 10-Q report released by Berkshire Hathaway A (BRK.A.N) on Saturday, the company slashed its stake in Apple (AAPL. O) from 789 million shares in Quarter 1 to about 400 million shares in the second quarter, a decrease of nearly 50%. Berkshire Hathaway currently holds about 2.6% of Apple's shares, which is worth about $88 billion at Friday's closing price of $219.86. The reduction in Apple's shares is not surprising, but the scale of the reduction is unexpected.
1. Berkshire Hathaway A (BRK. A.N) ended the second quarter with cash reserves of $276.90 billion, another record high, and ended the first quarter with $189 billion. 2. Berkshire Hathaway A (BRK. A.N) slashed its stake in Apple (AAPL. O) from 789 million shares in Q1 to about 400 million shares in the second quarter, a decrease of nearly 50%. 3. Berkshire Hathaway A (BRK. A.N) 2024 Q2 net profit of $30.35 billion and revenue of $93.653 billion, both higher than market expectations. 4. Berkshire...
According to Lookonchain monitoring, on July 31, 9 US Bitcoin spot ETFs reduced their holdings by 26,823 BTC (about $1.77 billion), and 9 US Ethereum spot ETFs reduced their holdings by 15,691 ETH (about $51.94 million).
Buffett's Berkshire Hathaway reduced its stake in BYD (01211.HK) from 6.18% to 5.99%.
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