Tom Lee's ETF significantly increased its holdings in MSTR in two weeks, which jumped to the largest position

On September 5, Bloomberg ETF analyst Eric Balchunas said BitMine Chairman Tom Lee's FundstratGrannyShotsUSLargeCap ETF (GRNY) had significantly increased its holdings in Strategy (MSTR) since mid-August, allowing MSTR to rise from the lowest portfolio weight stock to the largest position in about two weeks. As of September 3, the MSTR weight was approximately 3.02%, exceeding Robinhood's 2.99%. Balchunas pointed out that the increase occurred before MSTR's subsequent rise of about 46%.