Image from MarketBeat Media, LLC. Key Points Arrowroot Family Office LLC acquired a new position in Tesla, purchasing 1,247 shares valued at approximately $396,000 in the second quarter. Several institutional investors have increased their stakes in Tesla, including Brighton Jones LLC, which raised its position by 11.8% to own over 87,000 shares. Tesla reported quarterly earnings of $0.50 EPS, surpassing analysts' expectations, with revenues of $28.1 billion, reflecting an 11.6% year-over-year increase. 3 Reasons Tesla Could Be a $500 Stock by the End of the Month A number of other hedge funds and other institutional investors have also modified their holdings of TSLA. Brighton Jones LLC increased its position in shares of Tesla by 11.8% during the 4th quarter. Brighton Jones LLC now owns 87,929 shares of the electric vehicle producer's stock worth $35,509,000 after purchasing an additional 9,293 shares during the last quarter. Revolve Wealth Partners LLC increased its position in shares of Tesla by 21.2% during the 4th quarter. Revolve Wealth Partners LLC now owns 5,317 shares of the electric vehicle producer's stock worth $2,147,000 after purchasing an additional 931 shares during the last quarter. Bison Wealth LLC increased its position in shares of Tesla by 52.2% during the 4th quarter. Bison Wealth LLC now owns 10,368 shares of the electric vehicle producer's stock worth $4,187,000 after purchasing an additional 3,558 shares during the last quarter. Envestnet Asset Management Inc. increased its position in shares of Tesla by 4.7% during the 1st quarter. Envestnet Asset Management Inc. now owns 1,267,853 shares of the electric vehicle producer's stock worth $328,577,000 after purchasing an additional 57,189 shares during the last quarter. Finally, Centennial Bank AR increased its position in shares of Tesla by 833.3% during the 1st quarter. Centennial Bank AR now owns 112 shares of the electric vehicle producer's stock worth $29,000 after purchasing an additional 100 shares during the last quarter. 66.20% of the stock is owned by institutional investors and hedge funds. Get Tesla alerts: