Monday, May 15, was an important day for Wall Street and investors. It was the last day for money managers with more than $100 million in assets under management to file 13F paperwork with the Securities and Exchange Commission that, in effect, discloses their portfolio holding as of March 31, 2017.
On one hand, there’s an inherent flaw with 13F flings: They’re backward-looking by a minimum of 45 days. Considering how active some of the top-notch billionaire money managers are with their investments, a lot could have changed over the past months and change.