I am always a bit sceptical when someone suggests a fund is buying any stock. But I have found out that indeed a fund has been discreetly accumulating Kings without causing too much ripple so far.
They bought into sellers when enough of them are present and they also tempt sellers to their buying levels.
They are very patient. Their buying vol did not raise too much eyebrows.
Have they finished buying? I don't know.
Interesting to see if they make it to the top 20 list.
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