Many prominent investors made significant changes to their stock holdings in the fourth quarter of 2024, revealing their strategies and market sentiment. The quarterly 13F filings, which are required by the Securities and Exchange Commission, shed light on the investment decisions of influential figures such as Warren Buffett, Dan Loeb, and others.

One notable trend observed in the filings is the increased interest in tech stocks, particularly those related to artificial intelligence. Hedge fund investors, including Bridgewater Associates, significantly boosted their exposure to tech giants like Amazon, Nvidia, and Intel, indicating a strong belief in the potential of AI.

On the other hand, some renowned investors opted to reduce their tech holdings and shift their focus to energy and utilities companies. Warren Buffett’s Berkshire Hathaway, for instance, divested its stake in Nvidia and adjusted its positions in Apple, while increasing investments in Chevron and Occidental Petroleum. Similarly, Dan Loeb’s Third Point made moves away from tech stocks, selling off its stake in Google-parent Alphabet and reducing exposure to Microsoft, Amazon, and Taiwan Semiconductor Manufacturing Co. Instead, the fund bolstered its energy investments by adding positions in PG&E Corp, Vistra Corp, and establishing a new position in EQT Corp.

Consumer-related stocks witnessed a decline in interest among investors, with reductions in holdings of airlines, automakers, fast food restaurants, and home improvement retailers. The filings also revealed that tech darling Nvidia submitted a 13F for the first time, disclosing investments in five publicly traded companies.

Overall, the latest stock holding disclosures by prominent investors offer valuable insights into the evolving market trends and investment strategies, providing observers with a glimpse of the sectors and companies that are gaining or losing favor among influential market players.