Tesla, Inc. (TSLA) continues to face market volatility. Tesla rose by approximately 13.1% compared to the S&P 500’s loss of 6.2% over the past year. In the first quarter of 2022, the company rose on the WhaleWisdom HeatMap to a rank of two from thirty-six.
impressive growth in the Fall of 2021. The semiconductor company was added to the WhaleWisdom Whale Index on February 15, 2022. While hedge funds were selling, AMD has outperformed the S&P 500. Over the past year, AMD has risen approximately 32.3% compared to the S&P’s gain of about 12.8%.
Adobe Inc. (ADBE) has experienced a great deal of volatility year-to-date. Over the past 2-years, Adobe has underperformed the S&P 500, with the stock rising by approximately 41.1% compared to the S&P’s overall gain of about 83.5%. Hedge funds were selling, though the stock managed to climb the WhaleWisdom Heatmap during the fourth quarter, to a rank of eleven from seventeen.
Apple Inc. (AAPL) saw strong performance over the past 12 months, outperforming the S&P 500 and rising by approximately 86.7% compared to the S&P’s gain of about 17.2%. Despite strong growth, hedge funds and institutions actively sold the stock in the third quarter, which explains the company’s recent slide in rating on the WhaleWisdom Heat Map to 40 from 4.
On June 22, Portolan Capital Management LLC filed a 13G disclosing it owned 5.61% of the online lender’s shares. A 13G must be filed by a passive investor within 10 days of acquiring 5% or more of a public company. Portolan disclosed that it crossed the 5% ownership of ONDK on June 13.