orming the S&P500 and rising by approximately 110% compared to the S&P’s gain of about 85%. Hedge funds were selling in the fourth quarter; however, the technology company rose on the WhaleWisdom Heatmap from a rank of thirty-three to four.
Uber Technologies Inc. (UBER) has underperformed the S&P 500 as of March 2022, falling almost 10% compared to the S&P’s gain of about 33.4% over the past 2-years. Additionally, the company slid on the WhaleWisdom Heatmap to a ranking of twenty-nine from twenty-one. However, hedge funds were bullish on the stock, increasing their positions in the fourth quarter for this behemoth ride-sharing company.
Apple, Inc. (AAPL) continued its upward momentum, outperforming the S&P 500 and rising by approximately 115.6% compared to the S&P’s gain of about 38.3% over the past two years. Institutions were actively buying the stock in the fourth quarter, and this global company climbed the WhaleWisdom Heatmap to a ranking of thirteen from nineteen.
Advanced Micro Devices, Inc. (AMD) saw impressive growth in recent months, significantly outperforming the S&P 500. Advanced Micro Devices’ stock rose by approximately 153.7% compared to the S&P’s gain of about 39.7% over the past 2-years. Hedge funds were buying shares, and the company was added to the WhaleWisdom Index on February 15, 2022.
lly saw steady growth in 2021, though in recent months has faced a considerable decline. The company narrowly outperformed the S&P 500, and quarterly results had hedge funds selling during the fourth quarter. However, Carvana rose on the WhaleWisdom Index to a ranking of one from thirty-two. Carvana’s stock rose by approximately 35.8% through early February 2022, compared to the S&P’s gain of about 29.1%.