Big U.S. Hedge Funds Regain Ardor for FAANGs in First Quarter

(Reuters) Some of the biggest, highest-profile U.S. hedge fund investors and money managers fell back in love with FAANGs in the first quarter, according to regulatory filings released on Wednesday. After dumping shares of Facebook Inc, Apple Inc, Amazon.com Inc, Netflix Inc and Alphabet Inc – the FAANG components – prominent hedge fund managers including Tiger Global Management LLC have moved back into the popular group.

To read this article:

This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply