There may have been no greater casualty of the trade war between the US and China than NXP Semiconductors NV (NXPI). The stock was to be acquired by Qualcomm Inc. (QCOM) for $44 billion, but the Chinese regulators would not approve the deal. Finally, after two years of trying to get approval, Qualcomm pulled the offer to buy NXP at the end of July.
Netflix Inc. (NFLX) stock has jumped by over 100 percent in 2018 while rising by nearly four times since 2015. The move in the stock is likely well deserved considering the whole media landscape is in a tectonic shift trying to play catch up to Netflix’s revolutionary approach to content and its delivery. However, what may be most interesting is that during the first quarter hedge funds and institutions were selling the soaring stock.
Despite all the negative headlines, one group of investors took advantages of the fears of others, stepping in and buying shares of Facebook, in what now looks like a genius move.
That’s how it is with most of the famous hedge fund managers – their reputations as wealth creators are based on returns which occurred when their funds were new and small. With some exceptions, the recent performance of the big-name hedge fund managers has been mediocre.
Whales” – funds that manage millions of dollars — have unique information about blockchain stocks. Following hedge funds’ 13F, 13G and 13F Crypto-related filings on WhaleWisdom.com gives investors an edge.