From Nasdaq: 2024-07-10 04:30:00

Despite the growing popularity of passive investing, notable active managers still hold importance in the industry. Following their 13F filings can provide insight into their investment decisions, like billionaire Dan Loeb’s increased stake in Amazon, making it his second-largest holding. Loeb also added to his positions in Meta Platforms and Alphabet, recognizing the potential in these tech giants’ AI capabilities and future growth opportunities. With AI playing a crucial role in the success of these companies, investing in them could lead to significant returns in the long run.



Read more at Nasdaq: Dan Loeb Goes Bargain Hunting: 3 Stocks He Just Bought