Hedge Fund News From HedgeCo.Net


Big money dumps Boeing, buys Facebook

CNN – Boeing is the Dow’s best performing stock this year, but hedge funds are turning bearish on the jumbo jet maker. And they really like Facebook.

The top 50 hedge funds yanked nearly $1.3 billion out of Boeing (BA, Fortune 500) during the third quarter, according to data from research firm FactSet.

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