Billionaire Dan Loeb of Third Point Ditched High-Yield AT&T for Wall Street's Most-Prized Artificial Intelligence (AI) Growth Stock

Data is the fuel that keeps Wall Street's engine running. The only problem for investors is that the amount of data they have to digest can be overwhelming, which allows important news to occasionally slip through the cracks.A little over three weeks ago, on Aug. 14, institutional investors with at least $100 million in assets under management were required to file Form 13F with the Securities and Exchange Commission -- and investors might have missed these filings. A 13F provides a concise snapshot of which stocks, exchange-traded funds (ETFs), and select options Wall Street's savviest fund managers purchased and sold in the latest quarter (in this instance, the second quarter).Although 13Fs aren't perfect -- they can provide outdated information for active hedge funds -- they can help clue investors into the stocks and trends piquing the interest of Wall Street's most-successful investors. This includes Third Point's billionaire chief Dan Loeb.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool