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Amazon.com Becomes the Most Popular Hedge Fund Stock

Microsoft slipped to second place, while Visa also moved up, according to Novus’ rankings.

Amazon.com has become the most popular hedge fund stock for the first time since going public in 1997.A total of 357 hedge funds held a position in the e-commerce pioneer at the end of March, more than any other stock, according to Novus, a portfolio intelligence platform for institutional investors

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