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Hedge Funds Hold Onto Last Year’s Favorites

According to a new Goldman Sachs report, hedge fund firms went into the first quarter holding many of the same technology, Internet and pharmaceutical stocks that produced mixed fortunes last year.

It looks like many of the same stocks that fueled performance during the first half of last year and in some cases hurt performance in the second half remained among the favorite hedge fund stocks in the first quarter of this year. At least seven stocks wound up overlapping on two

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