Research Notes · Theme

Institutional

Kresmion Research notes on institutional. Independent, source-attributed, information-only.

7 notesAll research notes
EquitiesInstitutionalPositioning

GameStop's CEO Bought 97 Million Dollars of Stock in Five Weeks, Paying More Each Time

Ryan Cohen, GameStop's CEO, bought 4,144,810 shares for $97,192,416 in open-market purchases between September 10 and October 13, 2026, none on a 10b5-1 plan. His weighted price rose on every buy date, from 20.38 to 26.98. The spend equals 91% of what his directly held shares had cost through January 6, according to his own Schedule 13D/A filings. His stake, counting warrants, went from 8.3% on September 3, after a share issuance, up to 9.1%, against 9.3% after his last January purchase. The volume and short interest data show other flows were far larger than his. A block of 59,088,333 warrants with a $32 exercise price expires on October 30. This note describes the trades. It does not forecast the price.…

13 min readGMEMSFTNVDA
InstitutionalPositioning

Berkshire Tripled Its Alphabet Stake in Greg Abel's First Quarter.

Warren Buffett Spent Years Calling It One of His Mistakes.

8 min readGOOGL
InstitutionalPositioning

Bridgewater and Appaloosa Both Roughly Doubled Their Amazon Stakes Last Quarter.

Most of Their Peers Were Cutting.

7 min readAMZN
InstitutionalPositioningMacro

Five Funds Opened New Meta Positions in Q1.

Five Others Trimmed Theirs.

6 min readMETANVDA

June 2026

3 notes
CryptoInstitutionalPositioning

Bitcoin ETFs Shed $3.4 Billion in Twelve Sessions.

Futures Traders Are Still Crowded Long.

US spot Bitcoin ETFs have shed roughly $3.4 billion over the last twelve sessions, broken by a single tiny up-day, while futures speculators sit crowded long. That combination is the day's most interesting tension, and it lands on a CPI morning. Here is what…

6 min readBTCETH
Institutional

Viking Global Put $1.9 Billion Into Visa in Q1.

Not Every Fund Agreed.

In Q1 2026, Viking Global built a $1.913 billion Visa position, up 58.8 percent, leading a cluster of elite-fund accumulation in payments as several peers cut. The 13F filings made the AI trade obvious: the largest funds piled into a short list of chip and…

5 min readV
Institutional

The Big Funds Were Buying Alphabet in Q1.

This Week, Berkshire Added $10 Billion.

Four of the largest funds opened fresh Alphabet positions in the first quarter, and this week Berkshire added $10 billion to anchor an $80 billion raise. The quarterly 13F filings showed where the conviction was building before it became a public capital call…

6 min readGOOGLMETAORCL