2023-08-15 09:53:55 ET
- Tudor Investment, the hedge fund founded by billionaire investor Paul Tudor Jones, exited its positions in VMware ( NYSE: VMW ), Booz Allen Hamilton Holding ( NYSE: BAH ) and Hormel Foods ( NYSE: HRL ) during the second quarter, according to the firm's latest 13F filing.
- It increased its holdings in the SPDR S&P 500 ETF Trust ( NYSEARCA: SPY ) to ~185.8K from 834 shares, Microsoft ( NASDAQ: MSFT ) to ~241.9K shares from ~18.7K shares, Alphabet ( NASDAQ: GOOGL ) to ~617.2K shares from ~82.1K shares, Nvidia ( NASDAQ: NVDA ) to ~178.7K shares from ~40.6K shares, and Apple ( NASDAQ: AAPL ) to ~305.8K shares from ~132.8K shares.
- Reduced its stakes in Phillips 66 ( NYSE: PSX ) to ~15.3K shares from ~341.2K shares, Amgen ( NASDAQ: AMGN ) to ~18.6K shares from ~97.4K shares, and Pinterest ( NYSE: PINS ) to ~22K shares from ~660.5K shares.
- The fund opened a new position in AbbVie ( NYSE: ABBV ) with ~157.3K shares.
- Meantime, Michael Burry's Scion Asset Management shorted the stock market in Q2.
For further details see:
Tudor Investment boosts stakes in Big Tech, exits VMware, BAH, HRL