2024 Q4 Smart Money Report

Largest fresh entries initiated this quarter by dollar value.

Fund	Stock	Value	Weight	Conviction
BlackRock, Inc.	APPLE INC	$281.3B	+5.7%	98
BlackRock, Inc.	NVIDIA CORPORATION	$253.8B	+5.1%	98
BlackRock, Inc.	MICROSOFT CORP	$242.9B	+4.9%	88
BlackRock, Inc.	AMAZON COM INC	$151.1B	+3.1%	88
FMR LLC	NVIDIA CORPORATION	$134.9B	+8.0%	98
BlackRock, Inc.	META PLATFORMS INC	$96.4B	+2.0%	73
FMR LLC	APPLE INC	$85.6B	+5.1%	98
BlackRock, Inc.	BROADCOM INC	$84.9B	+1.7%	73
FMR LLC	MICROSOFT CORP	$83.3B	+5.0%	88
BlackRock, Inc.	TESLA INC	$81.7B	+1.7%	73

Positions completely sold this quarter, ranked by previous value.

Fund	Stock	Previous Value
VANGUARD GROUP INC	BLACKROCK INC	$12.6B
H&H International Investment, LLC	APPLE INC	$12.3B
STATE STREET CORP	BLACKROCK INC	$5.7B
Temasek Holdings (Private) Ltd	BLACKROCK INC	$4.8B
Capital Research Global Investors	BLACKROCK INC	$4.5B
MORGAN STANLEY	BLACKROCK INC	$4.4B
Capital World Investors	BLACKROCK INC	$3.8B
CHARLES SCHWAB INVESTMENT MANAGEMENT INC	BLACKROCK INC	$3.6B
M&G Plc	ININTERDIGITAL INC	$2.9B
THOMA BRAVO, L.P.	INSTRUCTURE HLDGS INC	$2.9B

Funds increasing positions into price weakness - contrarian conviction.

Fund	Stock	Position Increase	Price Drop	DD Score
UBS Group AG	BRASKEM SA	+1.5Mx	-49.5%	7,288,756,839
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND	CVS HEALTH CORP	+733.6Kx	-27.6%	2,026,440,042
CANADA PENSION PLAN INVESTMENT BOARD	KE HLDGS INC	+1.1Mx	-7.9%	879,055,033
UBS Group AG	ERMENEGILDO ZEGNA N V	+210.0Kx	-15.4%	323,687,948
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND	ABBVIE INC	+360.0Kx	-8.8%	317,572,747
Parallax Volatility Advisers, L.P.	SELECT SECTOR SPDR TR	+220.1Kx	-9.9%	218,007,935
CITADEL ADVISORS LLC	ENERGY FUELS INC	+261.0Kx	-7.8%	202,574,759
UBS Group AG	Gogoro Inc.	+196.7Kx	-7.5%	146,872,157
TTTwin Tree Management, LP	CARRIER GLOBAL CORPORATION	+99.2Kx	-14.8%	146,417,627
UBS Group AG	XTI AEROSPACE INC	+16.9Kx	-79.0%	133,760,526

The positions funds are most committed to this quarter.

Fund	Stock	Type	Value	Conviction
Cresset Asset Management, LLC	ARISTA NETWORKS INC	Increased	$3B	100
GQG Partners LLC	NVIDIA CORPORATION	Increased	$3.5B	100
Financial Engines Advisors L.L.C.	SCHWAB STRATEGIC TR	Increased	$3.2B	100
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO	SCHWAB STRATEGIC TR	Increased	$6.2B	100
TEXAS PERMANENT SCHOOL FUND CORP	INVESCO EXCHANGE TRADED FD T	Increased	$1.4B	100
Schonfeld Strategic Advisors LLC	iShares Trust CORE S&P500 ETF	Increased	$3B	100
US BANCORP \DE\	SCHWAB STRATEGIC TR	Increased	$4.8B	100
PRUDENTIAL FINANCIAL INC	iShares Trust CORE S&P500 ETF	Increased	$6.8B	100
Empower Advisory Group, LLC	SCHWAB STRATEGIC TR	Increased	$3.4B	100
Wealthfront Advisers LLC	SCHWAB STRATEGIC TR	Increased	$2B	100

This quarter's top-ranked fund: Nuveen Asset Management, LLC

Nuveen Asset Management, LLC

Top 5 winners and losers by estimated P&L.

Top Winners

GPAEFSteward Partners Investment Advisory, LLC

+532x

JDJDZGUBS Group AG

+384x

WINGBLACKROCK ADVISORS LLC

+332x

NVDABLACKROCK ADVISORS LLC

+296x

GSIWJANE STREET GROUP, LLC

+197x

Top Losers

VCIGCITADEL ADVISORS LLC

-100.0%

EVFMPentwater Capital Management LP

-100.0%

WLWLGSFCITADEL ADVISORS LLC

-100.0%

FRGTSUSQUEHANNA INTERNATIONAL GROUP, LLP

-100.0%

GMBLSUSQUEHANNA INTERNATIONAL GROUP, LLP

-100.0%

Stocks where members of Congress AND institutional investors both bought — disclosed in Q1 2026. 72 stocks overlapped this quarter.

Stock	Congress	Funds
WATWATERS CORP	2 members	275 funds
AZNASTRAZENECA PLC	2 members	272 funds
TSLATESLA INC	3 members	228 funds
WELLWELLTOWER INC	2 members	227 funds
HBANHUNTINGTON BANCSHARES INC	1 members	225 funds
EXEEXPAND ENERGY CORPORATION	1 members	203 funds
PFEPFIZER INC	1 members	202 funds
GOOGALPHABET INC	4 members	198 funds
TSMTAIWAN SEMICONDUCTOR MANUFAC	4 members	192 funds
KVUEKENVUE INC	3 members	184 funds