$VRT $LITE $COHR $SATS 加入标普500

Evan: JUST IN:

THE S&P 500 $SPY IS REBALANCING

- These stocks are being added to the S&P 500

Vertiv $VRT
Lumentum $LITE
Coherent $COHR
Echostar $SATS

- These stocks are being removed from the S&P 500

Match Group $MTCH
Molina $MOH
Lamb Weston $LW
Paycom $PAYC

Top fund managers just revealed their new buys for Q4 2025.

Here’s the most interesting moves from the top managers:

Warren Buffett (Berkshire Hathaway)
$NYT 📰 — 0.1%

Stan Druckenmiller (Duquesne)
$XLF 🏦 — 7.1%
$RSP ⚖️ — 5.3%
$EWZ 🇧🇷 — 2.7%
$AA 🏗️ — 1.7%
$ENTG 🧪 — 1.7%

Bill Ackman (Pershing Square)
$META 🤖 — 11.4%

Seth Klarman (Baupost)
$AMZN 📦 — 9.3%
$MOH 🏥 — 2.1%
$AERO ✈️ — 2.0%

Stephen Mandel (Lone Pine)
$ASML 🔬 — 4.8%
$DASH 🚗 — 4.2%
$MDLN 🏥 — 3.6%
$CRS 🏭 — 3.0%

Dan Loeb (Third Point)
$CMG 🌯 — 2.4%
$CEG ⚡ — 2.3%
$BABA 🛍️ — 1.7%

RT Patient Investor
Stocks with 20%+ ROIC trading below 20x earnings:

1. Adobe $ADBE:
ROIC: 41%
PE: 12x

2. Lululemon $LULU:
ROIC: 38%
PE: 16x

3. Paycom $PAYC:
ROIC: 22%
PE: 16x

4. Molina $MOH:
ROIC: 21%
PE: 16x

5. DELL $DELL:
ROIC: 26%
PE: 10x

6. Procter & Gamble $PG:
ROIC: 22%
PE: 19x