Hedge Funds Cling to Most Popular Stocks

An analysis of hedge fund portfolios found little turnover in top U.S. long equity positions.

Michael Nagle/Bloomberg

Michael Nagle/Bloomberg

Let’s face it. Hedge funds are boring.

Forget their reputation as savvy, opportunistic traders and deft short sellers. The reality is hedge funds crowd into the same stocks that barely change from quarter to quarter to quarter. And they rarely dump their favorite stocks.


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