2021 Q2 Smart Money Report

Largest fresh entries initiated this quarter by dollar value.

Fund	Stock	Value	Weight	Conviction
Amundi	MICROSOFT CORP	$6.7B	+4.6%	88
Amundi	APPLE INC	$5.5B	+3.8%	88
TPG Group Holdings (SBS) Advisors, Inc.	LIFESTANCE HEALTH GROUP INC	$4.9B	+34.8%	98
Polar Capital Holdings Plc	FERGUSON PLC	$4.7B	+20.3%	98
Amundi	AMAZON COM INC	$4.4B	+3.1%	88
Amundi	ALPHABET INC	$2.9B	+2.0%	73
Amundi	ALPHABET INC	$2.7B	+1.9%	73
SOSOFTBANK GROUP CORP.	SOFI TECHNOLOGIES INC	$2.3B	+11.7%	100
Amundi	STELLANTIS N.V	$2B	+1.4%	73
NMNational Mutual Insurance Federation of Agricultural Cooperatives	ISHARES TR	$1.9B	+16.1%	99

Positions completely sold this quarter, ranked by previous value.

Fund	Stock	Previous Value
Steward Partners Investment Advisory, LLC	ISHARES	$7.2B
NATIXIS	STATE STR SPDR S&P 500 ETF T	$2.5B
Blackstone Inc.	INVESCO QQQ TR	$1.9B
Steward Partners Investment Advisory, LLC	WESTERN ASSET MUN DEF OPP TR	$1.8B
Steward Partners Investment Advisory, LLC	TCF FINANCIAL CORP	$1.7B
GQG Partners LLC	JD.COM INC	$1.6B
EAEAGLE CAPITAL MANAGEMENT LLC	GENERAL ELECTRIC CO	$1.5B
JENNISON ASSOCIATES LLC	PELOTON INTERACTIVE INC	$1.3B
Sumitomo Mitsui Trust Group, Inc.	ISHARES	$1.3B
Steward Partners Investment Advisory, LLC	TRTRXADE HEALTH INC	$1.3B

Funds increasing positions into price weakness - contrarian conviction.

Fund	Stock	Position Increase	Price Drop	DD Score
Candriam S.C.A.	CURIS INC	+40.7Kx	-28.7%	116,728,429
Candriam S.C.A.	REVOLUTION MEDICINES INC	+39.4Kx	-27.3%	107,552,456
UBS Group AG	LIFEWARD LTD	+21.5Kx	-26.3%	56,653,750
ASSETMARK, INC	VIRTU FINL INC	+40.9Kx	-8.4%	34,246,974
Candriam S.C.A.	ARS PHARMACEUTICALS INC	+15.1Kx	-22.3%	33,651,093
Candriam S.C.A.	DARLING INGREDIENTS INC	+24.0Kx	-10.1%	24,157,808
Candriam S.C.A.	CYTOMX THERAPEUTICS INC.	+15.9Kx	-12.6%	20,041,027
CANADA PENSION PLAN INVESTMENT BOARD	MELCO RESORTS ENTERT ADR	+10.1Kx	-18.7%	18,793,313
Candriam S.C.A.	OLEMA PHARMACEUTICALS INC	+26.9Kx	-3.3%	8,739,905
Candriam S.C.A.	NURIX THERAPEUTICS INC	+39.0Kx	-2.0%	7,854,066

The positions funds are most committed to this quarter.

Fund	Stock	Type	Value	Conviction
WCM INVESTMENT MANAGEMENT, LLC	CACANADIAN PACIFIC RAILWAY LTD	Increased	$2.5B	100
Veritas Asset Management LLP	CACANADIAN PACIFIC RAILWAY LTD	Increased	$1.1B	100
COATUE MANAGEMENT LLC	MODERNA INC	Increased	$1.4B	100
Egerton Capital (UK) LLP	CACANADIAN PACIFIC RAILWAY LTD	Increased	$1.5B	100
ALAltimeter Capital Management, LP	PELOTON INTERACTIVE INC-A	Increased	$644.9M	100
SOSOFTBANK GROUP CORP.	SOFI TECHNOLOGIES INC	New	$2.3B	100
Egerton Capital (UK) LLP	CSX CORP	Increased	$1B	100
Soroban Capital Partners LP	CSX CORP	Increased	$1B	100
EdgePoint Investment Group Inc.	CSX CORP	Increased	$969.7M	100
EDGEWOOD MANAGEMENT LLC	NVIDIA CORP	Increased	$3.6B	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