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Billionaire Dan Loeb Sold His Fund's Entire Stake in Tesla and Is Piling Into Wall Street's Preeminent Artificial Intelligence (AI) Stock
Third Point's Dan Loeb is swapping out one of Wall Street's most influential businesses for another innovative leader.
The month of May has been packed with pivotal data releases. We've had no shortage of earnings reports from influential businesses, a Federal Reserve Open Market Committee meeting, and countless updates on tariff and trade policy from President Donald Trump and his administration.
But amid this sea of data, perhaps nothing has been more telling than the filing of Form 13Fs with the Securities and Exchange Commission (SEC).
No later than 45 calendar days following the end to a quarter, institutional investors overseeing at least $100 million in assets under management (AUM) are required to file a 13F with the SEC. This filing allows professional and everyday investors to see which stocks and exchange-traded funds (ETFs) Wall Street's leading asset managers bought and sold in the most recent quarter. May 15 marked the filing deadline for 13Fs detailing trading activity for the March-ended quarter.
