Maytree Asset Management Ltd purchased a new position in Tesla, Inc. (NASDAQ:TSLA - Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 12,200 shares of the electric vehicle producer's stock, valued at approximately $5,426,000. Tesla accounts for about 4.9% of Maytree Asset Management Ltd's in...
Maytree Asset Management Ltd purchased a new position in Tesla, Inc. (NASDAQ:TSLA - Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 12,200 shares of the electric vehicle producer's stock, valued at approximately $5,426,000. Tesla accounts for about 4.9% of Maytree Asset Management Ltd's investment portfolio, making the stock its 7th biggest position. Get Tesla alerts: Sign Up A number of other large investors have also bought and sold shares of the company. Norges Bank bought a new stake in Tesla in the 2nd quarter valued at about $11,839,824,000. Vanguard Group Inc. raised its position in shares of Tesla by 1.8% in the second quarter. Vanguard Group Inc. now owns 251,390,681 shares of the electric vehicle producer's stock valued at $79,856,764,000 after purchasing an additional 4,502,976 shares during the period. Amundi lifted its stake in shares of Tesla by 20.4% during the 2nd quarter. Amundi now owns 20,194,152 shares of the electric vehicle producer's stock valued at $6,374,284,000 after buying an additional 3,422,270 shares in the last quarter. Jennison Associates LLC boosted its holdings in Tesla by 38.3% in the 3rd quarter. Jennison Associates LLC now owns 10,909,666 shares of the electric vehicle producer's stock worth $4,851,747,000 after buying an additional 3,021,550 shares during the period. Finally, Geode Capital Management LLC raised its holdings in Tesla by 2.0% during the 2nd quarter. Geode Capital Management LLC now owns 64,767,993 shares of the electric vehicle producer's stock valued at $20,480,477,000 after acquiring an additional 1,269,304 shares during the period. 66.20% of the stock is owned by hedge funds and other institutional investors. Analyst Ratings Changes Several brokerages have recently weighed in on TSLA. DZ Bank reiterated a "sell" rating on shares of Tesla in a research report on Tuesday, January 6th. Needham & Company LL...