Which funds were noted for slashing their holdings in Alibaba?
Managers Show Restraint in 13F Filings
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The video discusses the restrained approach of managers in adjusting their portfolios, with minor changes and a focus on S&P 500 ETFs. Berkshire Hathaway made small adjustments, notably investing in Kroger, which led to a post-market rally. The tech sector saw mixed results, with some funds increasing their stakes in Alibaba, while others reduced their holdings. Tesla and Uber attracted interest, with significant investments made in Uber, surpassing those in Facebook, Tesla, or Apple.
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What was the significance of Uber's market cap increase in the fourth quarter?
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