It’s 13F season. And you know what that means – time for more Wall Street whale watching!
Every quarter the biggest investors or so-called Wall Street Whales submit 13F filings to the SEC.
This form, which must be filed within 45 days of the end of each quarter, reveals how big money investors have traded over the past quarter.
The documentation is required of all institutional investment managers with over $100 million in qualifying assets however, pro traders are typically most interested in the moves made by smart money investors – people such as Warren Buffett - as well as activist investors such as Carl Icahn.
And in the last releases, the Fast Money pros were most intrigued by the trades made by SAC, George Soros and Tiger.
All three heavy hitters made bullish bets on -- wait for it -- Facebook !
Despite miserable price action and lackluster earnings, it appears these highly successful investors believe Facebook has upside.
Posted by CNBC's Lee Brodie
Read More from Fast Money:
> Simple Strategies Behind Supersized Successes
> 10 Top Stocks for the Long-Term Investor
> Top Apple Related Stocks for 2012
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Trader disclosure: On August 14, 2012, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Guy Adami is long C; Guy Adami is long GS; Guy Adami is long INTC; Guy Adami is long AGU; Guy Adami is long MSFT; Guy Adami is long NUE; Guy Adami is long BTU; Brian Kelly is long TGT; Brian Kelly is long SWK; Brian Kelly is long USG; Brian Kelly is long XHB; Brian Kelly is long IBM; Brian Kelly is short BIG; Brian Kelly is short DLTR; Brian Kelly is short JWN; Brian Kelly is short BBBY; Steve Weiss is short JCP
For Steve Kernkraut
Steve Kernkraut is funds long CHS
Steve Kernkraut is long AEO
For Doug Kass
Nothing to Disclose
For Paul Richards
Nothing to Disclose
CNBC.com with wires.