Four Stocks That Became Top Hedge Fund Holdings in the Second Quarter

Discovery, Tiger Legatus, Rubric, and Falcon Edge reported new public equity positions that instantly became their largest U.S. long bets.

Chinese company Didi Global is now the largest long of Tiger Seed Tiger Legatus. (Qilai Shen/Bloomberg)

Chinese company Didi Global is now the largest long of Tiger Seed Tiger Legatus.

(Qilai Shen/Bloomberg)

Several hedge funds established big new positions that instantly became their largest U.S. long equity holdings as of the end of June, according to an analysis of second quarter 13F regulatory filings.

In several cases, the investments were initially made when the companies were private, before they went public in the second quarter.

For

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