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Hedge Funds Show Interest in Tesla: Insights from 13F Filings
Our analysis of the latest 13F filings from December 31, 2024, reveals that 43 hedge funds hold shares in Tesla Inc (Symbol: TSLA). A collective interest from hedge funds often signals the need for further scrutiny.
It’s crucial to understand that these 13F filings focus solely on long positions, meaning funds don’t have to report their short positions. So, while a fund may show a long position in Tesla, they may also have bearish bets that aren’t disclosed. This can give a partial view of their overall sentiment.
Despite this, examining groups of 13F filings can provide valuable insights, especially when looking at changes over time. Let’s explore how the positions in Tesla have evolved among these funds:
| Fund | New Position? | Change In Share Count | Change In Market Value ($ in 1000’s) |
|---|---|---|---|
| Concorde Asset Management LLC | Existing | –79 | +$423 |
| Elios Financial Group Inc. | Existing | +503 | +$361 |
| Monetary Management Group Inc. | Existing | –590 | +$1,061 |
| Hobbs Wealth Management LLC | NEW | +1,237 | +$500 |
| Coign Capital Advisors LLC | NEW | +2,015 | +$814 |
| Quinn Opportunity Partners LLC | NEW | –80,000 | –$32,307 |
| Integrity Financial Corp WA | Existing | +302 | +$879 |
| Glass Jacobson Investment Advisors LLc | Existing | +193 | +$140 |
| Heritage Trust Co | NEW | +1,131 | +$457 |
| Prepared Retirement Institute LLC | Existing | +225 | +$224 |
| Jaffetilchin Investment Partners LLC | Existing | +1,621 | +$13,977 |
| Dymon Asia Capital Singapore PTE. LTD. | Existing | –2,100 | +$460 |
| Solano Wealth Investment Advisors LLC | NEW | +590 | +$238 |
| Aquire Wealth Advisors LLC | Existing | +2 | +$317 |
| Qtron Investments LLC | Existing | +3,888 | +$5,868 |
| Philadelphia Trust Co. | Existing | +2 | +$164 |
| Manhattan West Asset Management LLC | Existing | –737 | –$63 |
| Fortis Capital Advisors LLC | Existing | +4,303 | +$3,868 |
| Rockefeller Capital Management L.P. | Existing | +12,579 | +$78,883 |
| Oder Investment Management LLC | Existing | –43 | +$1,732 |
| Petros Family Wealth LLC | NEW | +3,424 | +$1,383 |
| NFP Retirement Inc. | Existing | +65 | +$513 |
| Sterling Capital Management LLC | Existing | +6,547 | +$22,980 |
| Stone House Investment Management LLC | Existing | UNCH | +$116 |
| Peninsula Wealth LLC | Existing | +273 | +$1,021 |
| Brogan Financial Inc. | NEW | +590 | +$238 |
| Granite Investment Partners LLC | Existing | UNCH | +$117 |
| Financial Alternatives Inc | Existing | UNCH | +$416 |
| Altman Advisors Inc. | Existing | –365 | +$1,381 |
| WealthTrust Axiom LLC | Existing | –406 | +$88 |
| Tiller Private Wealth Inc. | Existing | +236 | +$272 |
| Advisors Capital Management LLC | Existing | +4,675 | +$4,322 |
| Seeds Investor LLC | Existing | +638 | +$428 |
| RE Dickinson Investment Advisors LLC | Existing | UNCH | +$51 |
| Tao Capital Management LP | Existing | UNCH | +$12,265 |
| Sagespring Wealth Partners LLC | … |
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Hedge Funds Adjust TSLA Positions: A Closer Look at Recent Filings
| Fund Name | Status | Shares Change | Value Change |
| Tesla Inc. | NEW | +22,600 | +$9,127 |
| Optimize Financial Inc | NEW | +2,517 | +$1,016 |
| Townsquare Capital LLC | Existing | +15,245 | +$25,001 |
| Cim Investment Management Inc. | Existing | –177 | +$1,974 |
| Barclays PLC | Existing | –2,970,199 | +$503,546 |
| Trustmark National Bank Trust Department | Existing | +28 | +$141 |
| Menora Mivtachim Holdings LTD. | Existing | –17,592 | +$70,805 |
| Garner Asset Management Corp | Existing | UNCH | +$445 |
| Aggregate Change: | –2,986,859 | +$735,642 | |
Out of the funds analyzed, 18 increased their holdings of Tesla (TSLA) from September 30, 2024, to December 31, 2024. In contrast, 10 funds reduced their positions, while 9 made new investments. Notably, DRH Investments Inc., Harbert Fund Advisors Inc., and Dynamic Wealth Strategies LLC exited TSLA stock entirely by December 31, 2024.
When examining all funds that held TSLA shares as of December 31, 2024, we found a significant increase in holdings. The total shares held by these funds rose from 847,909,355 to 900,974,692, indicating a net gain of 53,065,337 shares—an increase of about 6.26%. The top three funds holding TSLA at this point were as follows:
We will continue to monitor the latest 13F filings from hedge funds and uncover stories within the data. Individual filings can be misleading because they reflect only a snapshot of long-only positions. However, the aggregated totals across multiple funds provide a more accurate reflection of market trends and offer valuable insights for further research, particularly regarding Tesla Inc. (Symbol: TSLA).
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Also see:
• ARGS Options Chain
• Funds Holding DYLD
• TCRR market cap history
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
