Hedge fund managers from Dan Loeb to Ken Griffin anointed a new crop of darlings -- and rejects -- in the second quarter.
At the top of the list of favorites is Altaba Inc., the holding company that controls Yahoo! Inc.’s stake in Chinese e-commerce giant Alibaba Group Holding Ltd, according to regulatory filings Monday. The most disliked stock is the once-beloved Facebook Inc., which saw hedge funds sell $2.6 billion in shares during the quarter. Viking Global Investors, which has been returning money to investors, is the biggest seller of Facebook.
Source: Bloomberg Pro Terminal
Jr Trader Ivan Ivanov
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