1. Hedge funds increased holdings in Lam Research and Micron in Q1. 2. GVIP has outperformed the S&P 500, returning 6% this year. 3. Lam and Micron are in the top 50 stocks held by institutional investors. 4. Micron projected sales growth is 23%, above Lam's 10.3%. 5. Micron's low P/E suggests it's seen as undervalued compared to peers.
The growth of institutional holdings in key tech stocks tends to elevate their market sentiment. Historical examples, like tech rallies post-2016 elections, show similar patterns yielding price gains.
The insight into hedge fund investments reflects broader market confidence, likely driving increased share price volatility and interest in GVIP. Hedge fund strategies have historically shown a strong correlation with performance indicators.
Recent trends indicate institutional investments can provide immediate momentum, helping GVIP price rise quickly as evidenced by past hedge fund buying spikes leading to favorable quarterly performance.