Billionaire Izzy Englander Just Sold Apple, Amazon, and Nvidia but Bought 4 Other "Magnificent Seven" Stocks

All billionaires don't think alike. For example, Warren Buffett is buying only a few stocks for Berkshire Hathaway's portfolio but has built a massive cash stockpile for the conglomerate. Meanwhile, Millennium Management hedge fund manager Israel "Izzy" Englander continues to buy and sell stocks with gusto.Englander either added to or reduced Millennium's positions in many of its holdings in the third quarter of 2024. Some of his most notable trades involved buying and selling "Magnificent Seven" stocks.Buffett trimmed Berkshire's position in Apple (NASDAQ: AAPL) by 25% in Q3. Englander made an even more emphatic move, slashing Millennium's stake in the iPhone maker by a whopping 90.4%. However, the hedge fund didn't completely exit its position with Apple. It still owns 1.22 million shares worth around $285 million at the end of Q3.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool