Image from MarketBeat Media, LLC. Key Points NovaPoint Capital LLC disclosed a new Q3 stake in Tesla of 2,729 shares, valued at approximately $1,213,000, per its Form 13F filing. Large institutional activity continued — Norges Bank opened a new position worth about $11.84 billion and Vanguard now holds ~251.4 million shares (≈$79.86 billion); institutional investors own roughly 66.20% of TSLA. Tesla shares were down 3.3% (opened $459.64) amid a $1.53 trillion market cap and lofty valuation (P/E ~306.4); the company recently beat Q3 estimates with $0.50 EPS vs $0.48 expected and $28.10B in revenue. MarketBeat Week in Review – 12/22 - 12/26 Several other hedge funds also recently added to or reduced their stakes in the business. Norges Bank acquired a new position in shares of Tesla during the second quarter valued at about $11,839,824,000. Kingstone Capital Partners Texas LLC increased its stake in Tesla by 581,880.5% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 6,436,704 shares of the electric vehicle producer's stock valued at $2,044,683,000 after purchasing an additional 6,435,598 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of Tesla by 1.8% in the second quarter. Vanguard Group Inc. now owns 251,390,681 shares of the electric vehicle producer's stock worth $79,856,764,000 after buying an additional 4,502,976 shares during the last quarter. Amundi lifted its stake in shares of Tesla by 29.4% during the first quarter. Amundi now owns 16,771,882 shares of the electric vehicle producer's stock worth $4,482,789,000 after buying an additional 3,814,610 shares during the period. Finally, Caxton Associates LLP purchased a new stake in shares of Tesla during the first quarter valued at $469,339,000. 66.20% of the stock is owned by institutional investors and hedge funds. Get Tesla alerts: