Hussman Sells 1.13% of Stake as Qualcomm Nears Record High
QCOM•Qualcomm shares neared a record high this week as trading momentum accelerated. Hedge fund manager John Hussman trimmed Qualcomm exposure by 1.13% of his portfolio in the latest SEC filings.
1. Hedge Fund Manager Reduces Position
John Hussman’s investment firm cut its Qualcomm holding by 1.13% of total assets in the latest SEC 13F filing, marking a reduction in core exposure as the firm rebalances.
2. Shares Rally Toward All-Time Peak
Qualcomm shares have rallied sharply over recent sessions, pushing the stock toward its highest closing level ever as investors respond to robust chip demand and positive market momentum.
