The Returns of Hedge Funds’ Favorite Stocks Are Not Signaling ‘Portfolio Protection’

An II analysis of SEI data shows that twelve of the 20 most widely-held stocks were in the red and trailing the benchmarks in the first quarter.

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The most popular hedge fund stocks lagged the broad market averages in the first quarter.

The 20 most widely held stocks among hedge funds lost 6.3 percent in the first three months of the year, according to an Institutional Investor analysis of SEI’s comprehensive database of hedge fund holdings.

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