4 Stocks Billionaires Couldn't Stop Buying in Q2
You may not have realized it, but this past Friday, Aug. 14, was one of the most important days of the third quarter. That's because it marked the filing deadline for Form 13F with the Securities and Exchange Commission.
For those unfamiliar, 13Fs are required for companies with more than $100 million in assets under management. They provide a look under the hood, so to speak, to see what the brightest and most successful minds on Wall Street were up to during the previous quarter. Given the heightened volatility we've witnessed in 2020 due to the coronavirus disease 2019 (COVID-19) pandemic, understanding how top money managers are putting their money to work has certainly been of interest.
With the second quarter featuring the strongest rally for the broad-based S&P 500 since 1998, it's no surprise that we saw some active buying. But what might catch investors off guard is how billionaire money managers simply couldn't stop buying the following four high-growth stocks during the second quarter.
Source Fool.com
