Hedge Fund Favorites Limp to the Finish Line

The 15 most widely held stocks among hedge funds lost more than 4 percent in the fourth quarter and lagged the overall market indices.

Illustration by II

Illustration by II

The fourth quarter was a rough one for the most popular hedge fund stocks.

According to an analysis of the SEI Novus database, the 15 most widely held stocks at the end of the third quarter lost an average of 4.2 percent in the final three months of the year.

To continue reading, subscribe now to Premium Journalism. Already a subscriber? login.