Should You Be Bullish On NetEase, Inc (ADR) (NTES), NVIDIA Corporation (NVDA) & Two Other Stocks?

In STMicroelectronics N.V. (ADR) (NYSE:STM), a global semiconductor company, Sensato Capital Management increased its stake by 32% in the June quarter, and added another 175,728 shares in the following three months, reporting a position worth $29.51 million containing 3,62 million shares. During the third quarter, the stock advanced by 39.4%. Seven funds followed by our team held shares of STMicroelectronics at the end of June, unchanged over the quarter. One of the largest stakes in STMicroelectronics N.V. (ADR) (NYSE:STM) was held by Renaissance Technologies, which amassed a stake valued at $7.5 million at the end of June. Arrowstreet Capital, D E Shaw, and Citadel Investment Group also held valuable positions in the company.

Last stock we are going to examine in this article is semiconductor manufacturer Vishay Intertechnology (NYSE:VSH), whose stock grew by 14.2% last quarter. Sensato had increased its position by 62% to 1.61 million shares in the second quarter, but lowered it by 26% to 1.19 million shares in the third quarter, amassing a stake worth $16.75 million at the end of September. During the second quarter, the number of funds followed by us bullish on Vishay Intertechnology declined by 18% to 14. Among them, Royce & Associates, managed by Chuck Royce, held the most valuable position in Vishay Intertechnology (NYSE:VSH), which was worth $93 million at the end of June. The second largest stake was reported by Fisher Asset Management, led by Ken Fisher, holding a $57.1 million position. Some other hedge funds and institutional investors that held long positions included Howard Marks’s Oaktree Capital Management and Cliff Asness’s AQR Capital Management.

Disclosure: None