What Small-Cap Stocks, Institutions And Hedge Funds Buying
Quiver Quantitative — Intro: In our ongoing series of exploring the insights derived from 13F filings, we've often focused on the individual investment moves of renowned money managers. This time, however, we've shifted our lens to a broader perspective. Our aim is to uncover the aggregated investment patterns in specific companies, offering a bird's-eye view of institutional and hedge fund trends. In this edition, we delve into three distinct yet equally intriguing large-cap companies: Applovin Corp, ONEOK Inc (NYSE:OKE), and Super Micro Computer (NASDAQ:SMCI) Inc. We’ve defined large cap companies as those with a market capitalization larger than $10 billion. By analyzing the institutional/hedge fund holders and market performance of these firms, we hope to provide a clearer picture of their standing in the current financial landscape.
For clarity, we counted the number of funds holding each ticker in the 13F universe for both Q2 and Q3 of this year. For example, in Q2, 4,416 unique filers recorded positions of one or more shares in Apple, Inc (NASDAQ:AAPL). In Q3 that number fell by 121 to 4,295 or by about -2.74%. In other words we would not consider AAPL stock for this article considering in this case institutional interest actually fell. You can also think of the numerical change, like -121 in the case of AAPL, as the total number of new positions each quarter minus the total number of positions closed out throughout the quarter. As you'll see in the writing below however, a number of mid-cap stocks saw significant double digit percentage growth in institutional interest.
TeraWulf Inc (WULF): Q2 Institutional Holders: 69 Q3 Institutional Holders: 92 Percentage Growth: 33.3% YTD Return: 198%
TeraWulf Inc. is a
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