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Apple’s Popularity Among Hedge Funds Sagged in Fourth Quarter

Abbott Laboratories and Time Warner saw a surge of hedge fund interest in the final three months of 2016.

Hedge funds shook up many of their largest holdings in the fourth quarter. Several stocks, such as Apple and Amazon.com, lost popularity, while a few others experienced a surge in interest, according to an analysis of fourth-quarter regulatory filings that disclosed U.S. long stock positions. Apple is no longer the most

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