Image from MarketBeat Media, LLC. Valeo Financial Advisors LLC lessened its position in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 4.6% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 62,425 shares of the electric vehicle producer's stock after selling 3,013 shares during the quarter. Tesla makes up about 0.6% of Valeo Financial Advisors LLC's holdings, making the stock its 28th biggest holding. Valeo Financial Advisors LLC's holdings in Tesla were worth $27,762,000 at the end of the most recent reporting period. Get Tesla alerts: Mega-Cap Earnings Could Decide the Tech Sector’s Next Big Move Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TSLA. Norges Bank acquired a new stake in shares of Tesla in the second quarter worth $11,839,824,000. Vanguard Group Inc. lifted its stake in Tesla by 1.8% in the 2nd quarter. Vanguard Group Inc. now owns 251,390,681 shares of the electric vehicle producer's stock worth $79,856,764,000 after acquiring an additional 4,502,976 shares in the last quarter. Amundi boosted its position in Tesla by 20.4% during the 2nd quarter. Amundi now owns 20,194,152 shares of the electric vehicle producer's stock worth $6,374,284,000 after acquiring an additional 3,422,270 shares during the period. Jennison Associates LLC grew its stake in Tesla by 38.3% during the 3rd quarter. Jennison Associates LLC now owns 10,909,666 shares of the electric vehicle producer's stock valued at $4,851,747,000 after acquiring an additional 3,021,550 shares in the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of Tesla by 2.0% in the 2nd quarter. Geode Capital Management LLC now owns 64,767,993 shares of the electric vehicle producer's stock valued at $20,480,477,000 after purchasing an additional 1,269,304 shares during the period. 66.20% of the stock is currently owned by hedge funds and other institutional investors. Tesla Price Performance NASDAQ TSLA opened at $431.46 on Thursday. Tesla, Inc. has a fifty-two week low of $214.25 and a fifty-two week high of $498.83. The stock's 50-day moving average is $446.48 and its two-hundred day moving average is $406.64. The firm has a market cap of $1.43 trillion, a P/E ratio of 287.64, a price-to-earnings-growth ratio of 7.32 and a beta of 1.83. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.07 and a quick ratio of 1.67.