Hedge Funds Rushed into News Corp. in Second Quarter

View our slideshow to see the top 15 stocks most overweight by hedge funds at the end of the second quarter.

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The hedge fund industry lifted its weight in energy and information technology in the second quarter.

Hedge funds are most overweight in consumer discretionary stocks and are most underweight in consumer staples stocks, according to a quarterly analysis of 13F filings by the quantitative research group at Credit Suisse Securities.

View our slideshow to see the top 15 stocks most overweight by hedge funds at the end of the second quarter, according to Credit Suisse’s analysis of regulatory filings. New additions this quarter include TripAdvisor, American International Group, WellPoint, Beam Inc. and Kinder Morgan. They replace El Paso, Goodrich, Motorola Mobility Holdings, Crown Castle International and JC Penney.

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