Who's Buying and Selling Their Tesla Shares? Insights from Recent 13F Filings
Tesla Motors, Inc. is a pioneer in the design, development, and manufacturing of electric vehicles and advanced electric vehicle powertrain components. Apart from producing its flagship electric vehicle, the Tesla Roadster, the company is also involved in creating lithium-ion battery packs, electric motors, and gearboxes for its own vehicles and other manufacturers.
With a workforce of over 37,000, Tesla owns its sales and service network and provides electric powertrain development services to the automotive industry.
Based on recent 13F filings, Tesla has revealed its top buyers and sellers of equity. Let's dive into the key highlights:
Top Buyers of Tesla (TSLA):
- JPMorgan Chase & CO's current holdings are valued at $6.06 billion (a 9.48% increase).
- Banque Pictet & CIE SA's current holdings are valued at $637.07 million (a 0.54% increase).
- Schroder Investment Management Group's current holdings are valued at $383.25 million (a 59.90% increase).
- Victory Capital Management Inc's current holdings are valued at $455.51 million (a 7.89% increase).
- Standard Life Aberdeen plc's current holdings are valued at $308 million (a 5.98% increase).
- Zurcher Kantonalbank (Zurich Cantonalbank)'s current holdings are valued at $250.59 million (a 1.18% increase).
- DnB Asset Management AS's current holdings are worth $144.83 million (a 13.03% increase).
- Jennison Associates LLC has grown its holdings to a value of $4.2 billion, marking a 7.45% increase.
- Goldman Sachs Group Inc. has seen its holdings increase by 24.78%, now standing at $2.2 billion.
- Pictet Asset Management SA's holdings have surged by 33.39%, currently worth $687.32 million.
Top Sellers of Tesla (TSLA):
- Connor, Clark & Lunn Investment Management Ltd. reduced holdings by 77.91%, valued at $35.42 million.
- Capstone Investment Advisors, LLC saw a significant reduction of 95.93%, with current shares at $670,096.
- Summit Trail Advisors, LLC decreased their holdings by 67.08%, now valued at $2.81 million.
Notably, the following firms completely sold off their TSLA shares:
- ARP Americas LLC
- Artisan Partners Limited Partnership
- Segantii Capital Management Ltd
- Wolverine Asset Management LLC
- Ariose Capital Management Ltd
- Kcm Investment Advisors Llc
- Alpine Woods Capital Investors, LLC
Stay informed about the latest trends in the electric vehicle sector and gain further insights from 13F filings by visiting our blog at Radient.