Canyon

The Los Angeles firm founded by Joshua Friedman and Mitchell Julis has benefited from tweaking its portfolio and reducing risk.
The investment bank identifies the most popular hedge fund stocks in the third quarter.
While hedge funds on the whole have posted tepid gains this year, some funds managed by credit-focused firms have done well by comparison.
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.