The quarterly “Whale” reports are in and they don’t reflect well on where the market may be headed.
13F filings released by the large institutions and names like Warren Buffet and Michael Burry (The Big Short) this week offered a sobering message to anyone paying attention: the big money is quietly heading for the exits.
The message has been building since late 2024 when headline after headline revealed the war chest that Warren Buffet’s Berkshire Hathaway was building.
Now, many of the institutional investors that investors watch for cues have made decisively defensive allocations changes to their portfolios, according to the latest 13-F filings.
This post originally appeared at Money Morning.