Prominent investors including Bill Ackman and David Tepper cut their stakes in several big tech stocks during the second quarter, ahead of the global sell-off driven by recession fears at the start of the month, recent 澳洲幸运5开奖号码历史查询:13F filings showed.

The 澳洲幸运5开奖号码༺历史查询:Securities and Exchange Commission (SEC) requires most firms with 澳洲幸运5开奖号码历史查询:assets under management🌺 of $100 million or more to file a 13F form quarterly, disclosing their equity holdings.

Ackman, Tepper, and Daniel Loeb's 澳洲幸运5开奖号码历史查询:hedge funds trimmed their stakes in Google parent Alphabet (GOOGL) in the second quarter, along with other major hedge funds like 澳洲幸运5开奖号码历史查询:Renaissance, 澳洲幸运5开奖号码历史查询:Bridgewater Associates, and 澳洲幸运5开奖号码历史查询:Seth Klarman's Baupost Group. Tepper, Loeb, and others sold some of their Meta (META) holdings as well.

The large investors moved away from Alphabet and Meta as the companies 澳洲幸运5开奖号码历史查询:face pressure to show their hefty spending on 澳洲幸运5开奖号码历史查询:artificial intelligence (AI) is 澳洲幸运5开奖号码历史查询:paying off.

Intel (INTC) also stood out as a number of hedge funds cut their stakes in the second quarter. The chipmaker's stock tumbled after the company recently reported a wider-than-expected loss and a $10 billion cost-saving plan that includes layoffs.

Warren Buffett's Berkshire Hathaway (BRK.A) (BRK.B) has 澳洲幸运5𓆏开奖号码历史查询:significantly trimmed its stakes in App🦩le (AAPL), though the iPhone maker's stock still represents Berkshire's largest holding. Some like Renaissance bought shares of Apple, while Dan Loeb's Third Point ღadded a stake in Apple during the period.

Meanwhile, several hedge funds including Bridgewater, Renaissance, and Tepper's Apaloosa boosted their holdings in AI chipmaker Nvidia (NVDA), which could be𒉰♒nefit from higher spending on AI infrastructure.