Billionaire Bill Ackman Continues to Sell Shares of Chipotle in Favor of an Industry-Leading Stock Where the Addressable Market Can 10X in 8 Years

For some investors, earnings season is the highlight of each quarter. This is the six-week period where most S&P 500 companies report their quarterly operating results, which gives investors a good bead on the health of corporate America and Wall Street.But an argument can be made that the quarterly filing of Form 13Fs with the Securities and Exchange Commission is equally valuable to the investing community. A 13F provides a snapshot of which stocks Wall Street's brightest investment minds (with at least $100 million in assets under management) were buying and selling in the most recent quarter. In other words, it's a concise way of figuring out which stocks, industries, sectors, and trends have the attention of the stock market's greatest investors.Although Berkshire Hathaway's billionaire CEO Warren Buffett tends to be the most-followed of all top-tier asset managers, he's not the only prominent fund manager known for their investing prowess. Pershing Square Capital Management's Bill Ackman is another billionaire investors have learned to play close attention to.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool