Form 13F filings reveal billionaire investors’ stock movements. Philippe Laffont decreased Nvidia stake by 83% in 2 years, Coatue’s boss increased position in AI-focused company. Form 13F filings are due today, offering insights into top money managers’ trades. Philippe Laffont’s selling spree of Nvidia shares has raised concerns, potential reasons include AI bubble bursting, increased competition, and high valuation. Meanwhile, Laffont significantly increased stake in cash-rich Alibaba Group, a key player in e-commerce and cloud services, showing confidence in the company’s future prospects.
Read more at Nasdaq.: Billionaire Philippe Laffont Has Sold Shares of Nvidia for 8 Consecutive Quarters and Is Loading Up On This Historically Cheap Artificial Intelligence (AI) Stock Instead
