I Examined the Top Holdings of 17 Billionaire Money Managers, and These 3 Stocks Were the Common Denominators
Artificial intelligence (AI) is a big theme for Wall Street's savviest asset managers.
Overview
Although earnings season helps investors understand the nuts and bolts of what makes businesses tick, the quarterly filing of Form 13Fs can be equally important. A 13F provides investors with a concise snapshot of the stocks Wall Street's savviest money managers purchased and sold in the latest quarter (in this case, the second quarter).
On Aug. 14, thousands of financial institutions and asset managers, including some very well-known billionaire investors, filed their 13Fs with regulators. I analyzed the top four holdings for 17 prominent billionaire money managers and found three stocks that just kept showing up: Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG), Taiwan Semiconductor Manufacturing (NYSE: TSM), and Amazon (NASDAQ: AMZN).
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Originally published at www.fool.com.