Like_老虎社区_美港股上老虎

免责声明：上述内容仅代表发帖人个人观点，不构成本平台的任何投资建议。

精彩评论

我们需要你的真知灼见来填补这片空白

发表看法

{"i18n":{"language":"zh_CN"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":848057843,"tweetId":"848057843","gmtCreate":1635949650116,"gmtModify":1635949650606,"author":{"id":3581985494692689,"idStr":"3581985494692689","authorId":3581985494692689,"authorIdStr":"3581985494692689","name":"yeehui","avatar":"https://static.tigerbbs.com/5c186e879a6e6c27d98e0565a77e372f","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":25,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body><p>Like</p></body></html>","htmlText":"<html><head></head><body><p>Like</p></body></html>","text":"Like","highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/848057843","repostId":1134339891,"repostType":4,"repost":{"id":"1134339891","kind":"news","pubTimestamp":1635949482,"share":"https://www.laohu8.com/m/news/1134339891?lang=&edition=full","pubTime":"2021-11-03 22:24","market":"us","language":"en","title":"Tesla’s October Surge Batters Active Managers Who Missed Out","url":"https://stock-news.laohu8.com/highlight/detail?id=1134339891","media":"Bloomber","summary":"Stock surged 44% in October to post its best month of the year\n‘Do we try and ride this out or do we","content":"<ul>\n <li>Stock surged 44% in October to post its best month of the year</li>\n <li>‘Do we try and ride this out or do we cut our losses?’</li>\n</ul>\n<p>Tesla Inc.’s October run is creating migraines for stock-fund managers who weren’t overweight the electric-car maker.</p>\n<p>Elon Musk’s company rallied 44% last month, delivering the second-best performance in the S&amp;P 500. It accounts for 2.5% of the index by weighting and contributed 11% of the S&amp;P 500’s October gain.</p>\n<p>As a result, fund managers who held Tesla below its weighting would’ve been fighting an uphill battle to keep up. Wells Fargo &amp; Co. estimates that large-cap fundamental and quant funds lost 100 basis points and 65 basis points, respectively, in relative performance because of the car-maker’s rally.</p>\n<p>Chris Harvey, head of equity strategy at Wells Fargo, said how to handle Tesla is a major debate among portfolio managers.</p>\n<p>“Do we try and ride this out or do we cut our losses and go benchmark weight on the name?” he said. “Do I believe the stock will ultimately roll over and can I withstand the potential portfolio pain into year-end and possibly longer? Or is the risk too great and I need to cauterize the liability by going benchmark weight and focusing on other parts of the portfolio?”</p>\n<p><img src=\"https://static.tigerbbs.com/4b00d115d2937f696a7e34e14a94ed71\" tg-width=\"1200\" tg-height=\"675\" width=\"100%\" height=\"auto\"></p>\n<p>For&nbsp;years, the fate of active funds has been at the mercy of a handful of technology giants. Now Tesla, with its relentless rally, is suddenly becoming a headwind for money managers, too.</p>\n<p>Tesla’s October gain marked its best month of the year and propelled the company’s market value&nbsp;above $1 trillion&nbsp;for the first time. Much of its advance was thanks to news that&nbsp;Hertz Global Holdings Inc.&nbsp;would order 100,000 vehicles from the company, though the rally also snowballed amid a short-squeeze and a pile-in by bullish options traders.</p>\n<p>Trading has been more volatile in November, with shares whipsawing after Musk cast doubt on Hertz’s plans. Tesla lost 3% Tuesday, though it rose about 0.5% early Wednesday.</p>\n<p>Large-cap funds didn’t bounce back from a difficult third quarter after they were hit by a surging Tesla, said Harvey.</p>\n<p>Several things might explain their aversion. Many have to pay up to own it since Tesla’s stock trades for over 190 times its forward earnings. For comparison, the S&amp;P 500 trades at roughly 22-times its forward earnings.</p>\n<p>Distinctive stories that make or break fund performance are seemingly occurring more frequently in 2021 than they have in prior years, Harvey said in a note. The phenomenon speaks to index concentration as well as the performance of meme stocks.</p>\n<p>Harvey says one group of portfolio managers will say it’s a sunk cost and move on. Another will likely be forced to reduce their underweight position in Tesla to some degree.</p>\n<p>“For these funds there may be little discretion. The risk managers will likely get into the act and the PM will be required to reduce their TSLA underweight to an agreed-upon level,” he said. “At the margin, we expect more institutional buying in the name due to the recent run-up and the portfolio impact/risk.”</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla’s October Surge Batters Active Managers Who Missed Out</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla’s October Surge Batters Active Managers Who Missed Out\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-03 22:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-11-03/tesla-s-october-surge-batters-active-managers-who-missed-out?srnd=markets-vp><strong>Bloomber</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stock surged 44% in October to post its best month of the year\n‘Do we try and ride this out or do we cut our losses?’\n\nTesla Inc.’s October run is creating migraines for stock-fund managers who weren’...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-11-03/tesla-s-october-surge-batters-active-managers-who-missed-out?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2021-11-03/tesla-s-october-surge-batters-active-managers-who-missed-out?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134339891","content_text":"Stock surged 44% in October to post its best month of the year\n‘Do we try and ride this out or do we cut our losses?’\n\nTesla Inc.’s October run is creating migraines for stock-fund managers who weren’t overweight the electric-car maker.\nElon Musk’s company rallied 44% last month, delivering the second-best performance in the S&P 500. It accounts for 2.5% of the index by weighting and contributed 11% of the S&P 500’s October gain.\nAs a result, fund managers who held Tesla below its weighting would’ve been fighting an uphill battle to keep up. Wells Fargo & Co. estimates that large-cap fundamental and quant funds lost 100 basis points and 65 basis points, respectively, in relative performance because of the car-maker’s rally.\nChris Harvey, head of equity strategy at Wells Fargo, said how to handle Tesla is a major debate among portfolio managers.\n“Do we try and ride this out or do we cut our losses and go benchmark weight on the name?” he said. “Do I believe the stock will ultimately roll over and can I withstand the potential portfolio pain into year-end and possibly longer? Or is the risk too great and I need to cauterize the liability by going benchmark weight and focusing on other parts of the portfolio?”\n\nFor years, the fate of active funds has been at the mercy of a handful of technology giants. Now Tesla, with its relentless rally, is suddenly becoming a headwind for money managers, too.\nTesla’s October gain marked its best month of the year and propelled the company’s market value above $1 trillion for the first time. Much of its advance was thanks to news that Hertz Global Holdings Inc. would order 100,000 vehicles from the company, though the rally also snowballed amid a short-squeeze and a pile-in by bullish options traders.\nTrading has been more volatile in November, with shares whipsawing after Musk cast doubt on Hertz’s plans. Tesla lost 3% Tuesday, though it rose about 0.5% early Wednesday.\nLarge-cap funds didn’t bounce back from a difficult third quarter after they were hit by a surging Tesla, said Harvey.\nSeveral things might explain their aversion. Many have to pay up to own it since Tesla’s stock trades for over 190 times its forward earnings. For comparison, the S&P 500 trades at roughly 22-times its forward earnings.\nDistinctive stories that make or break fund performance are seemingly occurring more frequently in 2021 than they have in prior years, Harvey said in a note. The phenomenon speaks to index concentration as well as the performance of meme stocks.\nHarvey says one group of portfolio managers will say it’s a sunk cost and move on. Another will likely be forced to reduce their underweight position in Tesla to some degree.\n“For these funds there may be little discretion. The risk managers will likely get into the act and the PM will be required to reduce their TSLA underweight to an agreed-upon level,” he said. “At the margin, we expect more institutional buying in the name due to the recent run-up and the portfolio impact/risk.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":184,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/848057843"}