Institutional Confidence and Market Sentiment Surrounding NIO Revealed

2024-03-12

The data from sharkstracker.com platform provided a comprehensive overview of the market sentiment towards NIO during the quarter ending on 2023-12-31. At that time, there were 482 Hedge Funds holding NIO shares, totaling 509,843,937 shares. Additionally, 24 ETFs had NIO holdings amounting to 27,456,712 shares.

Among the top institutions holding NIO shares were Baillie Gifford & Co, BlackRock Inc., State Street Corp, Morgan Stanley, and Susquehanna International Group, LLP. These institutions held significant amounts of NIO shares, reflecting a high level of confidence in the company.

In the last quarter, 175 Hedge Funds were buying NIO shares, while 174 were selling. The data indicated that Hedge Funds purchased more shares (45,811,591) than they sold (49,997,408), with 32 Hedge Funds doubling their positions on NIO.

The data also shed light on the most optimistic and pessimistic institutions regarding NIO. The most optimistic institutions included HSBC Holdings PLC, Squarepoint Ops LLC, Point72 Asset Management, L.P., Millennium Management LLC, and Jane Street Group, LLC. Conversely, the most pessimistic institutions were Voloridge Investment Management, LLC, Citadel Advisors LLC, Vanguard Group Inc, Citadel Advisors LLC (again), and Norges Bank.

Overall, the insights provided by sharkstracker.com offer valuable information on the market sentiment towards NIO. They showcase the positions of Hedge Funds and ETFs, the activities of top institutions, and the sentiments of both optimistic and pessimistic players in the market.