Tracking what hedge funds are doing can be an excellent check when determining your investment strategy. If you see a couple of hedge funds loading up on a stock you own, you’re probably on the right track. However, using this information at face value can also be an issue, as there are multiple reasons why […]
Tag: Hedge
Hedge Funds are Buying This Utility Stock to Profit from the AI Boom
We recently analyzed 8 best utilities stocks to buy to profit from the AI boom according to hedge funds. Since Constellation Energy Corp (NASDAQ:CEG) was part of the list, the stock deserves a deeper look. But first, let’s see why everyone’s taking about AI catalysts for utilities stocks these days. The AI revolution that started […]
Hedge Funds Are Loading Up On This Dividend Stock
Hedge Funds Are Loading Up On This Dividend Stock Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. The markets are adjusting to the high interest rates environment, with all the major US stock indices reporting strong gains in May 2024. However, even with the gains, uncertainty […]
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An Activist Hedge Fund Is Buying This Dividend Stock. Time to Follow?
The news that high-profile activist hedge fund Elliot Investment Management has built a $1 billion position in building controls and heating, ventilation, and air conditioning (HVAC) company Johnson Controls (NYSE: JCI) has sent the stock higher. While some of the moves are, no doubt, down to investors who simply looking to jump on the bandwagon, […]
Hedge funds buy Chinese stocks for fourth consecutive week
By Summer Zhen HONG KONG (Reuters) – Global hedge funds added to their holdings of Chinese equities for a fourth straight week, joining hordes of investors trying to get ahead of a rebound in the market. The beaten-down stocks in the world’s second-largest economy have been rallying since February as Beijing ramped up measures to […]
Bank of America details the best hedge for a big stock-market move on Nvidia earnings
A bicyclist drives past a sign outside of a Nvidia office building in Santa Clara, Calif., Wednesday, May 31, 2023. (AP Photo/Jeff Chiu)Jeff Chiu/AP Photo Nvidia’s first-quarter earnings results this week could move the whole stock market. Its soaring revenue and profits have driven the bulk of the S&P 500’s earnings growth over the past […]
Hedge funds squeezed from short bets amid surging meme stocks, Goldman Sachs says
By Nell Mackenzie LONDON (Reuters) – Hedge funds ditched bearish stock bets early this week at some of the highest rates in three years as U.S. meme stocks rallied sharply, a Goldman note seen by Reuters on Friday showed. The note, published on Wednesday just before the rally faded, said hedge funds dropped positions on […]
David Tepper Scoops Up Alibaba as Hedge Funds Hunt for Bargains in China
(Bloomberg) — Billionaire investor David Tepper loaded up on beaten-down Chinese stocks last quarter while reducing stakes in high-flying US tech firms, leading hedge fund managers who are slowly warming up to China amid a record gap in valuations between the two markets. Most Read from Bloomberg Tepper’s Appaloosa Management more than doubled its investment […]
Hedge Funds Pump Up Exposure to Nvidia, Cut AMD
(Bloomberg) — Hedge funds continued to lean into the biggest technology companies leading the way in artificial intelligence as the hype propelled the US stock market higher in the first quarter of the year. Most Read from Bloomberg These institutional investors saw Nvidia Corp. exposure grow, with the AI darling having the biggest increase by […]
An elite hedge fund bought 1 million GameStop shares before the meme stock’s 400% surge
Renaissance Technologies bought 1 million GameStop shares last quarter.Reuters A top hedge fund built a GameStop stake from scratch last quarter ahead of the meme stock’s surge. Renaissance Technologies’ 1 million shares were briefly worth $65 million at Tuesday’s high. RenTech, founded by the late Jim Simons, also boosted its AMC bet and pared Tesla […]
China Probes Hedge Fund With 795% Product Gain, Missing Owner
(Bloomberg) — China is probing a hedge fund firm with stellar returns after it stopped repaying investors, following tightening scrutiny on the 5.5 trillion yuan ($760 billion) industry. Most Read from Bloomberg The China Securities Regulatory Commission said Saturday night it’s investigating alleged illegal activities at Zhejiang Ruifengda Asset Management Co. and would seek to […]