This is an automated archive made by the Lemmit Bot.
The original was posted on /r/gmecanada by /u/CriticalMushroom8812 on 2024-02-11 00:39:25.
Institutional money has been slowly buying GME for months now.
Unlike what some people think, not everyone on Wall Street is on the side of the shorts. This effect will go nuclear in 2024, in my view.
You can see in this link multiple banks and funds that have already bought GME in the last 3/4 months:
A few examples of institutions that reported buying GME shares on the last day of December 2023:
- NATIONAL BANK OF CANADA
- Norges Bank ( Norges Bank Investment Management NBIM, according to the comment below)
- Citigroup
- Commonwealth Pennsylvania Public Shool retirement fund
- Florida Retirement System
- FIRST UNITED BANK & TRUST
- TEXAS PERMANENT SCHOOL FUND CORP
- BNP PARIBAS FINANCIAL MARKETS
- MERIT FINANCIAL GROUP, LLC
- CHARLES SCHWAB INVESTMENT MANAGEMENT INC
- LANDSCAPE CAPITAL MANAGEMENT, L.L.C.
- VICTORY CAPITAL MANAGEMENT INC
- VAN ECK ASSOCIATES CORP
- XR SECURITIES LLC
- HANDELSBANKEN FONDER AB
- ZURICH CANTONAL BANK
- Bank of New York Mellon Corp
- PACER ADVISORS, INC.
- SG AMERICAS SECURITIES, LLC
- HANDELSINVEST INVESTERINGSFORVALTNING
- VIRGINIA RETIREMENT SYSTEMS ET AL
Also ETFs/Funds that bought in, reported in October/November/December:
- Schwab U.S. Mid-Cap ETF
- Schwab U.S. Broad Market ETF
- Schwab U.S. Large-Cap Value ETF
- Schwab Fundamental U.S. Small Company Index ETF - multiple purchases in 2023
- Schwab U.S. Large-Cap ETF
- Fidelity Extended Market Index Fund
- Fidelity Series Total Market Index Fund
- Fidelity Mid Cap Index Fund
- Fidelity Large Cap Value Index Fund
- Fidelity ZERO Total Market Index Fund
- Fidelity ZERO Extended Market Index Fund
- Dimensional U.S. Core Equity 2 ETF
- TIAA-CREF Equity Index Fund
- U.S. CORE EQUITY 1 PORTFOLIO
- U.S. CORE EQUITY 2 PORTFOLIO
ETC
I know shorts follow every post here, so here goes a friendly message just for them:
Don't be mad, your bet was wrong. Now it's time to pay the bill. First ones to close may survive.