Welcome back to the channel everyone today i want to talk about the giant pension fund. That's just bought some more amc and there's also something absolutely incredible going on with the gamestop short interest. Obviously i want to tell you what's actually going on and also how this impacts gamestop and amc so stay tuned and let's make some money, and now i want to dive straight in with the key information. So a giant u.s pension fund bought more amc, snowflake and till race stock, and it also sold some stocks too, including berkshire hathaway.

The second largest public pension fund by assets in the us increased its stake in one of this year's most volatile stocks initiated a position in a marijuana grower and trimmed its exposure to warren buffett. The california state teachers retirement system bought more shares of movie theater chain. Amc an analytics software firm snowflake. It also acquired some shares in the cannabis producer, tilray and obviously reduced its holdings in berkshire.

Hathaway clsdrs bought 133 000 more shares of amc to in the third quarter, with a whopping, 689 thousand and shares amc's stock price rocketed. Nearly 19-fold in the first nine months of the year, and so far in the fourth quarter shares are down one percent for comparison. The s p 500 has gained 6.7 so far in the fourth quarter. Therefore, it seems obviously weird upon initial impression that this giant pension fund would be buying more amc instead of the s p 500.

But obviously that's because people like you and i know that amc is going to squeeze it may not be tomorrow. It may not be the day after, but the squeeze is inevitable. They said that amc stock caught fire during the meme stock frenzy earlier in the year when small investors communicating via social media bought shares of beaten down companies in hopes of triggering gains that would force people who'd bet against those stocks to buy in order to close Their bets, the trend led to a surge in volatility that prompted the federal reserve to warn this month that meme stock related market swings could be a risk to the financial system and therefore it's not just the fed that sees more volatility or squeezing in the meme Stocks but clearly one of the second largest pension funds in the united states sees the exact same thing happening again: amc's third quarter results were better than expected, and the chain is now accepting cryptocurrencies for online payments, as well as issuing new nfts. The pension fund sold 511 000 shares of berkshire hathaway, though shares rose 18 in the first nine months of the year and so far in the fourth quarter, they've gained 3.7 percent.

Therefore, again at the moment, berkshire hathaway is outpacing amc with its negative 1, but obviously amc is going to squeeze sometime in the future. We can see here from the 13f filing that they now hold. 689 000 shares worth a whopping 26.25 million dollars now. Obviously, this is very, very interesting because not only have a supposedly very low risk pension fund bought more amc, but also they've averaged up their holdings of amc.

Obviously, the pension fund previously bought into amc around the low 30s area. Obviously this is the quarter three filing meaning they bought more amc at the 40 and 50 region. Therefore, clearly, this very risk-averse pension system believes that amc is undoubtedly going higher and that's why they're buying more shares. We were currently holding their biggest ever promotion, currently giving away five free stocks valued up to 3 500 each.

So i wanted to break down how you can get every single one of these free stocks. When you open your moomoo account, you get your first free stock, valued up to three thousand five hundred dollars when you deposit any amount, even if it's only one dollar, you get your second free stock, also valued up to three thousand five hundred dollars, and if you Can deposit two thousand dollars, then you get the final three free stocks also valued for three thousand five hundred dollars each. So that's potentially up to seventeen thousand five hundred dollars in free stocks that you can get just for signing up with moomoo opening your account and making your first deposit using the link in the description below now. I also wanted to talk about a potential.

Another reason why adam aaron issued 86 000 spider-man nfts this guy tweeted saying: could the 86 000 nfts be in reference to spider-man copy number 86, where he eliminates a fake copy of himself? As you can see here, issue number 86 of spider-man? Is him defeating a female copy of himself? Therefore, maybe this is a sign that adam aaron is trying to defeat the fake copies of the amc shares or the synthetic shares. Now why? I think the nfts are such a big deal for amc and for adam aaron? Is because it now gives him a plausible business reason to effectively announce this next potential tweet adam aaron now has a legitimate reason to tweet something like due to the high demand of trying to get the spider-man nft, and so many people not being able to get In and get one and the disappointment from that, i'm now offering one nft for each shareholder of amc or one nft for each share we've ever issued. I think this is a bold step that adam aaron took, but it's absolutely paid off both for him and for amc as a company, as i'm sure they generated record-breaking sales during that period of yesterday and today now i also want to talk about ken griffin citadel Being a leader in leverage, obviously yes, first thing: you'll notice is that this article is from a long time ago, but i also have the figures to update this article to what it should be right now. So this article starts by saying chicago-based citadel appears to be the most leveraged of the 25 biggest us hedge funds, with an implied leverage of about 8.8 times.

Investment capital back in 2014 citadel had 142 billion dollars in regulatory assets under management as of march 31st. But according to the annual filings with the sec, it only had 16.1 billion in investment capital. Now, as a 2021 update, they have 35 billion dollars in investment, capital and 235 billion dollars in assets under management, giving them a ratio of around 6.8 times. To compare that.

To bridgewater associates they only have a moderas leverage ratio of 2.3 times capital. So obviously, a lot of hedge funds out there like blackrock and vanguard, are using much much smaller, more sensible leverage ratios, but obviously you've got funds out there like our chaos, capital management and citadel that use much more reckless risky leverage ratios, as this article says, leverage Or borrowing ramps returns on the way up, but can equally amplify losses on the way down. Some hedge funds have boosted leverage recently, because debt is cheap and markets have been soaring. Leverage is always a worry and an 8.8 times.

Blunt figure would raise anyone's eyebrows said a long-term investor in citadel's funds, but he said he was comforted by citadel's excellent risk management. Now, maybe in 2014 citadel did have excellent risk management, but they definitely do not have excellent risk management. Now, in 2021, having doubled down triple down and quadrupled down on their naked short of amc, if you have a look at some of citadel's largest positions, they have 33 billion dollars of s, p 500 puts, and around 19 billion dollars of tesla puts bear in mind. They've held those put positions over the last three months, the last six months, and maybe even the last nine months as well, maybe even longer.

Obviously i know it's his quarter. First owned here was in 2010 and 2014, but obviously they've added substantially to their puts. Since then, now, obviously, if you rewind the last six to nine months, having put options on the s p 500 and having put options on tesla, hasn't served them very well. Tesla obviously ran from around 630 650, all the way up to 1 200 per share and obviously, over the last six to nine months.

The s p 500 has also basically been on a massive massive tear. Yes, it's had a few small pullbacks, but nothing major and is obviously much much higher than it was six to nine months ago, and therefore it really wouldn't surprise me if said that, they're getting very close to the edge citadel's killer, leverage last came under scrutiny in 2008, when it had to unwind a leverage of 8.2 times as the financial crisis unfolded. Obviously back then citadel's hedge fund lost 55 that year and took years to recover. It wouldn't surprise me, if citadel, taking on heavy losses between their amc, shorts and also their tesla shorts and their s p 500 shorts.

Now i also want to touch on and talk about the box office figures for 2021 compared to pre-pandemic errors of 2019 2018 and the years previously this year for 2021, the box office has currently done over a billion dollars in sales. This also doesn't include december. So i'd expect it to do at least 1.2 billion, maybe 1.3 to 1.4 billion because of the release of spider-man the matrix and a few other great films. Now this is obviously lower than what we're seeing in 2019 and 2018, with 1.5 billion, 1.8 billion and so on in the years previously, but something, i think is hugely important is the number of films made this year compared to previous years in 2021, they've only released 120 films, 2019, 290 films and 2018 311 films.

That means the average income or average revenue per film released is 8.8 million dollars for this year in 2021, but historically, that's only been 5.2 million, 5.8 million 5.1 million, maybe 6.3 million at the highest, and therefore the average income per film is absolutely massive. This year, compared to previous years, if we'd released 200 to 300 films this year, this figure would be 2 billion, 3 billion, maybe even 4 billion from the box office. I think this is a massive step in the right direction, as vaccines are increasing day by day, we should see many more films being released in 2022. Maybe we'll get back to over 200 films being released per year.

Therefore, in 2022, i expect to see this figure for the box office touching two to three billion dollars. Now i also wanted to talk about some massive developments in the gamestop short interest. The gamestop short position is back to where it was pre-january 27th. It looks like all of those shorts hidden in the option chain and swaps were found and potentially now are being forced to be reported.

You can see here. The short position in billions of dollars has increased back to 70 billion dollars previously for many months now, it's been sat only at around 10 billion dollars. The days to cover has also jumped massively from around five days to cover maybe two to five days, to cover all the way up to a whopping 30 days to cover this data is pulling from thompson one now you might say well, i haven't really heard of Thompson one is that affiliated with thompson routers, i'm not too sure. Are there any other sources that also confirm this data? Well, you've also got fintel here.

You can't see the actual fintel at the top of the screen, but this is a screenshot from fintel showing the short percentage it's over a hundred percent again gamestop is currently being shorted 113 and you've also got another source here again showing the short position has increased Back up here where it was back in january, so therefore you've got three separate sources: all reporting, an absolutely massive increase in the gamestop short position. You can see the actual number of shortage shares has increased from around seven to eight million shares. All the way back up to around 71 million shares. This is very, very interesting whether these funds are now being forced to report their actual true short positions, or maybe there are some funds that have just taken out massive massive short positions on gamestop and have really pushed up that short interest.

Again, i guess we'll soon be seeing over the coming few days how this unfolds into the market, whether this is some kind of data error across multiple platforms that gets fixed or changed or whether gamestop the price starts running up again. And finally, i wanted to quickly touch on fantasia and how fantasia is now formally being liquidated. Chinese real estate developer fantasia, which failed to repay 206 million dollars worth of bonds last month, has now announced that one of its key subsidiaries has received a formal, winding up petition, and it's also not just fantasia. A similar case is also currently underway, against evergrande, with shanghai trend zone holdings filing a lawsuit against evergrande in mainland china.

So it's not just dr marco meltzer filing lawsuits against evergrande, but it's also chinese companies now also filing lawsuits against evergrande and therefore i don't think it will be long before ever grande and many other chinese property developers are also receiving formal winding up petitions guys be Sure to let me know down in the comments below what you think about the second largest pension fund, buying more amc and what you think about this massive change in the gamestop short interest. And if you haven't already be sure to sign up to moomoo. To get those five free stocks funding up to three thousand five hundred dollars each and as always guys, if you enjoyed this video, be sure to check out some of my others. Alternatively, subscribe to the channel and ding that notification bell, because that way, you'll be alerted when i upload a new video cheers.