Hedge Funds’ Favorite Stocks Beat the S&P 500

(Barron’s) When hedge funds closed the book on 2016, it was one of the worse years for the industry in memory. A basket of the industry’s biggest holdings, however, is having a good start to 2017. Goldman Sachs says that basket of the 50 favorite stocks held by hedge funds outperformed the S&P since the start of the year, returning 16% with Mobileye (MBLY), JD.comtech (JD), Alibaba (BABA) and Broadcom (AVGO) topping the list of gainers.

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