Hedge Fund Favorites Outpace the Markets in the First Quarter

Two companies heavily skewed the first-quarter results of the 15 stocks most widely held by hedge funds.

David Paul Morris, Bloomberg

David Paul Morris, Bloomberg

Betting on the most widely held stocks among hedge funds was a winning strategy in the first quarter.

The shares of the 15 most popular issues as of year-end gained an average of 19.26 percent over the first three months of 2023.

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