Three Software Companies That Got a Boost in Hedge Fund Ownership

Move over FANG: Cloud companies and related stocks are attracting growing interest.

David Paul Morris/Bloomberg

David Paul Morris/Bloomberg

Hedge funds for the most part have stuck with the same popular stocks that have propelled long-short funds for several years: The so-called FANG and related stocks including Facebook, Apple, Alphabet, Microsoft, and Amazon.com.

While many other stocks remain popular among hedge funds, it hasn’t been to the extent of this most favored group.

However,

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