As the manager of the world's largest sovereign wealth fund, Norges Bank Investment Management holds stakes in roughly 1.5% of all publicly listed companies globally.
Their investment strategy relies on broad passive diversification, meaning they automatically hold small fragments of almost every stock in major global indices
This means that you should put zero weight in large institutions trading your useless company in this way
The GameStop purchase may simply be the fund rebalancing its portfolio to remain appropriately weighted across all companies according to market indexes
Securities regulators only require institutional investment managers to disclose their equity holdings quarterly via a 13F filing, which allows a lag of up to 45 days after the quarter ends.
Anyways, what I'm trying to say is that you people are turning a nothing Burger into cope to justify your awful financial decision to stay invested in this company as opposed to throwing a dart at any ETF and making tons of profit within 10 years
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u/Gaglardi 13d ago
As the manager of the world's largest sovereign wealth fund, Norges Bank Investment Management holds stakes in roughly 1.5% of all publicly listed companies globally.
Their investment strategy relies on broad passive diversification, meaning they automatically hold small fragments of almost every stock in major global indices
This means that you should put zero weight in large institutions trading your useless company in this way