Billionaire Philippe Laffont Has 30% of Coatue's $22.7 Billion Portfolio Invested in 4 Artificial Intelligence (AI) Stocks -- and Nvidia Isn't One of Them

Important data releases happen with frequency on Wall Street. A seemingly endless parade of earnings reports, economic data releases, and policy changes from the Donald Trump administration, can make it easy for something important to get overlooked by investors.Arguably the most-telling of all data releases occurred three weeks ago on May 15. This marked the deadline for institutional investors overseeing at least $100 million in assets to file Form 13F with the Securities and Exchange Commission. A 13F provides investors with a snapshot of which stocks Wall Street's smartest money managers bought and sold in the latest quarter (in this case, the first quarter).While Warren Buffett is the most-followed asset manager on Wall Street, he's far from the only billionaire investor with a phenomenal track record. Coatue Management's Philippe Laffont, who closed out March with $22.7 billion in assets under management, has a propensity for making money in the stock market.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool