Aug. 14 at 9:15 PM
A lot of Q2 13Fs are hitting, and some massive investors were buying stocks I already own.
$AMD — Tiger Global opened a NEW 674,727-share position worth ~
$392M. Maverick Capital added nearly 300K shares.
$NFLX — Terry Smith’s Fundsmith opened a NEW 6.99M-share position worth ~
$499M. Bill Ackman’s Pershing Square also opened a new 3.15M-share position.
$AMZN — Egerton added 1.21M shares. Baupost added 625K. Dodge & Cox added another 1.60M.
$BN — Dodge & Cox added more than 2M shares.
13Fs are delayed, so I never treat them as a reason to buy.
But it’s definitely interesting seeing this much high-quality capital accumulating some of the same companies I own.