10 Most Popular Stocks Among Hedge Funds

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Alphabet Inc (NASDAQ:GOOGL) can be considered the most popular company as both of its Class A and Class C stocks ranked among the top five. In this way, 139 funds tracked by us held around $14.62 billion worth of class A shares, compared to 137 funds with stakes worth $14.79 billion a quarter earlier. On the other hand, the number of investors long class C stock declined by eight to 126 and the value of their holdings slid by $1.49 billion to $12.74 billion. With it’s advertising business showing solid growth, Alphabet Inc (NASDAQ:GOOGL)’s expansion into hardware, with recently-released Pixel smartphones and Internet of Things devices, is expected to strengthen the core business. Viking Global reported ownership of 1.81 million shares of Alphabet Inc (NASDAQ:GOOGL)’s Class A stock and 1.08 million class C shares as of the end of 2016.

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