Sean Williams, The Motley Fool
7 min read
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Form 13Fs offer a snapshot of which stocks Wall Street’s smartest money managers are buying and selling.
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Billionaire Philippe Laffont sold his fund’s entire stake in Domino’s Pizza since 2025 began — and profit-taking might cover only part of the story.
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At the same time, Coatue’s billionaire chief piled into a skyrocketing hydrogen fuel-cell stock that has a lot to prove to Wall Street and investors.
Data is the fuel that keeps Wall Street’s engine running, and investors are rarely ever hurting for information to digest. Between earnings season — the six-week period each quarter where most S&P 500 components reveal their operating results — and near-daily economic data releases, something of importance can easily fly under the radar.
For instance, the quarterly filing of Form 13Fs is, arguably, just as important as earnings releases and economic data.
A 13F, which is required to be filed by institutional investors with at least $100 million in assets under management (AUM), tells investors which stocks Wall Street’s brightest fund managers purchased and sold in the latest quarter. This can be particularly helpful in spotting which companies and trends are piquing the interest of successful asset managers.
Although Warren Buffett is the most-followed of all money managers on Wall Street, he’s far from the only billionaire who’s delivered outsize returns. Coatue Management’s Philippe Laffont, who’s overseeing $35.9 billion in AUM, is another billionaire fund manager who rightly garners attention.
Laffont is a big fan of putting his fund’s capital to work in high-growth stocks and game-changing innovations with sky-high addressable markets. Based on Coatue Management’s last two 13Fs (covering trading activity from Jan. 1 through June 30), Laffont was a seller of Warren Buffett favorite Domino’s Pizza (NASDAQ: DPZ), and a big-time buyer of a hydrogen stock that surged more than 60% last week and 156% over the trailing month (as of Oct. 3).
Although Domino’s Pizza stock has been crushing the benchmark S&P 500 since the late 2000s, it really gained notoriety when Berkshire Hathaway‘s Warren Buffett began buying shares. Domino’s is one of two stocks the soon-to-be-retiring Oracle of Omaha has purchased for four consecutive quarters.
However, Coatue Management’s billionaire boss headed a different direction and quickly showed all 322,621 shares of Domino’s Pizza that were held at the end of 2024 to the door during the first quarter of the year. Shares of Domino’s had been held by Laffont’s fund since the fourth quarter of 2023.
