Bill Ackman's hedge fund Pershing Square is selling a 10% stake ahead of its IPO plans. The renowned investor stands to profit billions from the potential IPO.
In Q1 of 2024, institutional investors showed a shift towards tech stocks, particularly Oracle, Global Payments, and Micron. This reflects growing confidence in these emerging leaders over traditional giants like Nvidia and Apple.
David Tepper, billionaire hedge fund manager, bullish on China. Trimmed stakes in U.S. tech giants, added Alibaba, along with other China-based companies.
Michael Burry, famous for predicting 2008 crisis, made headlines with his latest 13F filing. He shifted towards commodities & renewable energy and decreased holdings in tech giants.
Original meme stocks GameStop Corp and AMC Entertainment Holdings are taking a bit of a breather Wednesday after exploding higher to start the week. The losses from short-selling hedge funds are piling up, but it appears at least one hedge fund was on the right side of the trade.
Legendary hedge fund manager Stanley Druckenmiller made right bets at the right time. He came to fame for earning Soros $10B overnight. Successful hedge fund, Duquesne Capital, boasts $10B fortune.