Institutional Insights: Hedge Funds and ETFs' Activity Surrounding Nu Holdings

2024-03-12

Nu Holdings, a company that garnered substantial interest from hedge funds and ETFs, attracted the attention of 475 hedge funds in the last quarter. These funds collectively held 2,645,754,206 shares of Nu. In contrast, 15 ETFs held 41,352,139 shares of the company during the same period.

During the last quarter, 194 hedge funds opted to buy Nu shares, while 152 chose to sell them. The buying hedge funds acquired a total of 255,479,759 shares, whereas the selling funds divested 316,129,657 shares. Furthermore, 45 hedge funds doubled their positions in Nu, while 5 funds offloaded at least 90% of their Nu shares.

Among the top institutional holders of Nu were SC US (TTGP), LTD., Capital Research Global Investors, BAILLIE GIFFORD & CO, Berkshire Hathaway Inc, and JPMORGAN CHASE & CO. Conversely, the most pessimistic institutions regarding Nu included Kontiki Capital Management (HK) Ltd., PRICE T ROWE ASSOCIATES INC /MD/, Artisan Partners Limited Partnership, BANK OF AMERICA CORP /DE/, and Galileo (PTC) Ltd. On the other hand, the most optimistic institutions were SANDS CAPITAL MANAGEMENT, LLC, JENNISON ASSOCIATES LLC, Capital Research Global Investors, NORGES BANK, and JPMORGAN CHASE & CO.

This data, obtained from sharkstracker.com, offers a data-driven perspective on the market, empowering investors to make well-informed decisions based on the trading activities of hedge funds and institutions with respect to Nu Holdings.