The Q1 financial reporting season for the US stock market is nearing its end, and major institutions have also announced their holdings in the US stock market. Judging from the positions of the top ten hedge funds in the world in the first quarter, the "seven giants" in the US stock market are still key targets.
About half of the world's top ten hedge funds have heavily invested in Nvidia, with Bridgewater, AQR, and Castle Investments all buying 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 US stock market. With its monopoly position in the AI chip field, Nvidia's stock price has been soaring. So far this year, its stock price has risen by 91.1%, and its market value has reached $2.33 trillion, second only to Microsoft and Apple.
In addition to Nvidia, hedge fund giants have also focused on buying Amazon, Google, and Apple. Since the beginning of this year, Google and Amazon's stock prices have risen by 23.49% and 22.41% respectively, while Apple has recorded a decline of 1.2% during the same period.
Apple is struggling with weak iPhone and Mac sales, hoping to boost sales by introducing AI features. It has promised to announce new AI products at the Global Developers Conference in June.
The biggest loser among the "seven giants" in the US stock market is clearly Tesla. None of the top ten hedge funds have a heavy stake in the company, but half of them focused on selling Tesla and its related targets in the first quarter.
Since the beginning of this year, Tesla's stock price has fallen by about 30% due to a significant slowdown in sales growth, and even price reductions are unable to reverse the decline. From struggling to find a car to worrying about selling it, Tesla's lackluster performance has led to multiple rounds of layoffs worldwide.
Tesla CEO Musk claims that Tesla is far more than just an electric vehicle company. But it seems that the market is not buying it. Currently, the key to Tesla's turnaround lies in whether it can quickly launch a budget model, the so-called Model 2, which is said to be priced around $25000. Musk has promised to accelerate the launch of affordable models.
The following are the top five heavily held stocks, buying and selling targets of the top ten hedge funds in Q1. The data is sourced from the third-party website Whalewisdom, and the rankings are not in any particular order. It should be noted that the data includes option value, and the listed US stock holdings do not represent the actual assets of the institution.
Qiaoshui, Q1 US stock holding size of 19.8 billion US dollars
Renaissance Technology, Q1 US stock holdings of $63.6 billion
AQR Capital Management, with a Q1 US stock holdings of $58.7 billion
Yingshiman Group, with a Q1 US stock holdings of $58.7 billion
Two Sigma, Q1 US stock holdings of $42.6 billion
Millennium Management, Q1 US stock holdings of $234 billion
Castle Investment, Q1 US stock holdings of $518.5 billion
Tiger Global Management, Q1 US stock holdings of $18.3 billion
De Shao Group, with a Q1 US stock holdings of $117 billion
Koutu Capital, Q1 US stock holdings of $25.5 billion