bullish
Apple (AAPL): Berkshire’s Sell-Off Triggers $37bn Demand from S&P 500
Dimitris has highlighted this Insight as a Top Pick
599 Views19 Aug 2024 08:33
Berkshire’s halving of its stake in Apple is forecasted to increase free float from 94% to 100% in S&P 500, generating a demand of over $37bn for September 2024.
What is covered in the Full Insight:
- Introduction
- Berkshire Hathaway’s Sell-Off
- Free Float Impact and Verification
- Forecasted Demand and Market Impact
- Key Dates and Future Projections
Boomeranged on Sun, 29 Sep 2024 06:46
On 20 September 2024, there were ~260m shares, ~4.4 ADV in passive fund demand based on that day’s volume and the 3-month ADTV. This verifies the free float increase from ~95% to 100% in S&P 500 & TMI. The realized volume is significantly higher than the predicted one. This raises suspicions of higher S&P tracking. Global & US purple are still expected to implement the free float increase.
SUMMARY
(Sign Up to Access)Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
- Unlock research summaries
- Follow top, independent analysts
- Receive personalised alerts
- Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.
Upgrade later to our paid plans for full-access.
or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 5-minute read)
Discussions
(Paid Plans Only)
x