2021 Q1 Smart Money Report

Largest fresh entries initiated this quarter by dollar value.

Fund	Stock	Value	Weight	Conviction
SISB INVESTMENT ADVISERS (UK) LTD	COUPANG INC	$28B	+48.5%	100
SISB INVESTMENT ADVISERS (UK) LTD	KE HLDGS INC	$6B	+10.3%	100
Blackstone Inc.	BUMBLE INC	$5.2B	+10.4%	98
MAVERICK CAPITAL LTD	COUPANG INC	$5B	+46.4%	98
Steward Partners Investment Advisory, LLC	INVESCO EXCH TRADED FD TR II	$4.9B	+0.1%	44
SC US (TTGP), LTD.	SNOWFLAKE INC	$4B	+24.0%	100
Carlyle Group Inc.	ATOTECH LTD	$3.1B	+23.5%	100
Carlyle Group Inc.	ORTHO CLINICAL DIAGNOSTICS H	$2.8B	+20.9%	100
TIGER GLOBAL MANAGEMENT LLC	ROBLOX CORP	$2.6B	+6.0%	98
Swedbank AB	MICROSOFT CORP	$2.4B	+5.1%	98

Positions completely sold this quarter, ranked by previous value.

Fund	Stock	Previous Value
LMR Partners LLP	TETESLA INC	$2.1B
GQG Partners LLC	MERCADOLIBRE INC	$1.8B
DED. E. Shaw & Co., Inc.	TETESLA INC	$1.7B
BROOKFIELD Corp /ON/	NORBORD INC	$1.5B
SUSQUEHANNA INTERNATIONAL GROUP, LLP	TETESLA INC	$1.3B
LALINDEN ADVISORS LP	PIPINDUODUO INC	$1.2B
POLEN CAPITAL MANAGEMENT LLC	DOLLAR GEN CORP	$1.2B
UBS Group AG	FIAT CHRYSLER AUTOMOBILES N	$1.1B
Pershing Square Capital Management, L.P.	STARBUCKS CORP	$1.1B
DODGE & COX	CXCONCHO RES INC	$1.1B

Funds increasing positions into price weakness - contrarian conviction.

Fund	Stock	Position Increase	Price Drop	DD Score
FIL Ltd	VERISIGN INC	+148.8Kx	-9.2%	136,201,392
CANADA PENSION PLAN INVESTMENT BOARD	ALGONQUIN POWER & UTILITIES	+300.0Kx	-4.2%	124,803,352
FRED ALGER MANAGEMENT, LLC	YSYATSEN HLDG LTD	+42.0Kx	-25.6%	107,712,177
BARCLAYS PLC	VANGUARD TOTAL BOND MARKET	+266.6Kx	-3.6%	96,953,155
BARCLAYS PLC	AQUABOUNTY TECHNOLOGIES INC	+12.7Kx	-31.0%	39,447,548
CAPTRUST FINANCIAL ADVISORS	ProShares UltraPro Short QQQ	+25.3Kx	-10.2%	25,779,224
FRANKLIN RESOURCES INC	VANECK JPM EM LOCAL CURR BND	+24.0Kx	-7.8%	18,793,292
FEDERATED HERMES, INC.	BLINK CHARGING CO	+4994x	-18.3%	9,117,597
Compagnie Lombard Odier SCmA	EDITAS MEDICINE INC	+1892x	-47.1%	8,903,247
FIRST MANHATTAN CO. LLC.	DOMINO'S PIZZA INC	+18.7Kx	-4.0%	7,535,192

The positions funds are most committed to this quarter.

Fund	Stock	Type	Value	Conviction
SISB INVESTMENT ADVISERS (UK) LTD	KE HOLDINGS INC-ADR	New	$6B	100
PUBLIC INVESTMENT FUND	ACTIVISION BLIZZARD INC	Increased	$3.1B	100
SC US (TTGP), LTD.	SNOWFLAKE INC-CLASS A	New	$4B	100
WPWINDACRE PARTNERSHIP LLC	AMAZON.COM INC	Increased	$528.8M	100
PUBLIC INVESTMENT FUND	ELECTRONIC ARTS INC	Increased	$1.9B	100
Varma Mutual Pension Insurance Co	VANGUARD S&P 500 ETF	Increased	$902.7M	100
SISB INVESTMENT ADVISERS (UK) LTD	COUPANG INC	New	$28B	100
TCI Fund Management Ltd	S&P GLOBAL INC	Increased	$2.1B	100
ALAltimeter Capital Management, LP	SNOWFLAKE INC-CLASS A	Increased	$7.4B	100
NATIXIS	AMAZON.COM INC	Increased	$1.9B	100

Top 5 winners and losers by estimated P&L.

Top Winners

GPAEFSteward Partners Investment Advisory, LLC

+519x

NVDABLACKROCK ADVISORS LLC

+324x

QNCXVanguard Global Advisers, LLC

+312x

QNCXBelvedere Trading LLC

+312x

QNCXROYAL BANK OF CANADA

+312x

Top Losers

FRCBCAISSE DE DEPOT ET PLACEMENT DU QUEBEC

-100.0%

EVFMUS BANCORP \DE\

-100.0%

TWNPQBANK OF AMERICA CORP /DE/

-100.0%

ADNHBALYASNY ASSET MANAGEMENT L.P.

-100.0%

FRCBNORDEA INVESTMENT MANAGEMENT AB

-100.0%

Stocks where members of Congress AND institutional investors both bought — disclosed in Q2 2026. 10 stocks overlapped this quarter.

Stock	Congress	Funds
DVNDEVON ENERGY CORP	1 members	268 funds
TSLATESLA INC	1 members	229 funds
KVUEKENVUE INC	1 members	158 funds
SPGSIMON PROPERTY GROUP INC	1 members	156 funds
COOCOOPER COS INC/THE	1 members	150 funds
SPHRSPHERE ENTERTAINMENT CO	1 members	105 funds
TCBITEXAS CAPITAL BANCSHARES INC	1 members	104 funds
QNTQUANTINUUM INC	1 members	90 funds
MTNVAIL RESORTS INC	1 members	88 funds
FOURSHIFT4 PAYMENTS INC-CLASS A	1 members	70 funds