Top Mutual Funds Cut Back on 3 Big Names

Investors often say “follow the money” to understand market trends. A recent study by Morningstar found that top-performing mutual funds are reducing their stakes in several high-profile companies, including Alphabet (Google), MercadoLibre (Latin American e-commerce), and Warner Bros. Discovery (Hollywood). This isn’t a list of specific stocks, but rather an indication that these top performers are trimming their positions on the big players.

Source: https://www.investors.com/etfs-and-funds/sectors/sp500-top-funds-dump-10-stocks-including-alphabet-morningstar-says