Goldman Sachs Group (GS) was one of the hottest stocks in the first quarter among Hedge Funds. However, shares of the investment bank haven’t fared well overall in 2018 with the stock down by over 5 percent on the year, and almost 18 percent off its highs.
Chamath Palihapitiya wasn’t the only investor that thought it was a great stock pick because institutions were adding shares of the stock to their portfolios during the first quarter as well. Box was added to the WhaleWisdom 100 Index in the middle of May, due to the strong appetite for the stock among institutions
Tesla Inc. (TSLA) is one of the most controversial stories in the stock market in recent history. There is a basic underlying reason why the short-sellers can’t crack the stock, and it comes down to the shareholder base of Tesla with many of the shares being control by just a few very long-term holders, and as long as those holders remain, the shorts may find it hard to win.