3 FAANG Stocks Billionaires Are Absolutely Piling Into
Roughly two weeks ago marked one of the most important data releases of the quarter -- and no, I don't mean the monthly inflation report.
Following the end of a quarter, institutional money managers with at least $100 million in assets under management have 45 calendar days to file Form 13F with the Securities and Exchange Commission. A 13F is effectively a snapshot of the trades Wall Street's brightest and most-successful money managers made during the previous quarter (in this instance, the September-ended quarter).
The latest 13Fs are particularly intriguing with regard to the FAANG stocks.
Source Fool.com
