Hedge Funds Had Another Dismal Quarter: Goldman Explains Why
by Tyler Durden Friday, May 21, 2021 - 01:20 PM Earlier today we pointed out the big highlight from the latest Goldman hedge fund tracker for Q1 2021, which is that after years of being the undisputed king, Amazon was finally dethroned from atop its throne at the top of the Hedge Fund VIP list and replaced with fellow FAAMG stock Facebook. As noted earlier, despite the change at the top, the same five stocks still rank atop Goldman's list of the most popular long positions, however in a new order: FB, MSFT, AMZN, GOOGL, BABA. Of the hedge funds in the analysis, 27% own FB shares and 57% of ...
Source: zerohedge.com