The U.S. stock market Q1 earnings season is coming to an end770pubcom, major institutions have also announced770pubcomThe position of U.S. stocks was discussed. Judging from the positions of the world's top ten hedge funds in the first quarter, the "Big Seven" of U.S. stocks are still key targets.
About half of the world's top ten hedge funds have heavy positions in Nvidia. Bridgewater, AQR and Castle Investment all bought heavily in Nvidia and its related targets in the first quarter.
After the rise of generative artificial intelligence (AI) last year, Nvidia became the number one star company in the U.S. stock market. Relying on its monopoly position in the field of AI chips, Nvidia's share price has grown by leaps and bounds, rising 91% so far this year770pubcom.1%, the market value has reached 2770pubcom$33 trillion, second only to Microsoft and Apple.
In addition to Nvidia, hedge fund giants have also focused on buying Amazon, Google and Apple. So far this year, shares of Google and Amazon have risen by 23.49% and 22.41% respectively, while Apple recorded a decline of 1.2% over the same period.
Apple, which is suffering from weak iPhone and Mac sales, is hoping to boost sales by introducing AI capabilities, and has promised to announce new AI products at the World Developers Conference in June.
The biggest loser among the "Big Seven" U.S. stocks is obviously Tesla. None of the top ten hedge funds have a heavy stake in the company. On the contrary, half of them focused on selling Tesla and its related targets in the first quarter.
Since the beginning of this year, Tesla's share price has fallen by about 30%, due to a sharp slowdown in sales growth, and even price cuts are unable to recover the decline. From being difficult to find a car to worrying about selling cars, Tesla's sluggish performance has caused it to start multiple rounds of layoffs around the world.
Tesla CEO Musk claims that Tesla is much more than just an electric car company. But the market doesn't seem to buy it. At present, the key to Tesla's turning around is whether it can launch an affordable model as soon as possible, the so-called Model 2, which is said to sell for around $25,000. Musk has promised to accelerate the launch of affordable models.
The following are the top five major positions in Q1, the top five stocks purchased and sold by the top ten hedge funds. The data comes from the third-party website Whalewisdom, ranking in no particular order. It should be noted that the data takes into account the value of options, and the size of U.S. stock positions listed does not represent the actual assets of the institution.
Bridge Water, Q1 U.S. stock positions are US$19.8 billion
Renaissance Technology, Q1 U.S. stock holdings of US$63.6 billion
AQR Capital Management, with a Q1 U.S. stock position of US$58.7 billion
Insman Group, the Q1 U.S. stock position is US$58.7 billion
Two Sigma, Q1 U.S. stock holdings of US$42.6 billion
Millennium Management, Q1 U.S. stock positions are US$234 billion
Castle Investment, the Q1 U.S. stock position is US$518.5 billion
Tiger Global Management, Q1 U.S. stocks held US$18.3 billion
Deshao Group, the Q1 U.S. stock position is US$117 billion
Kotu Capital, Q1 U.S. stocks held US$25.5 billion