10 Most Popular Stocks Among Hedge Funds

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Even though Facebook Inc (NASDAQ:FB) ranked as the most popular stock, it saw a slight decline in the number of bullish investors from our database. Heading into the fourth quarter, 146 funds amassed shares worth $12.42 billion in aggregate, compared to 149 funds and $16.28 billion, respectively, a quarter earlier. Among the funds that closed their positions in Facebook Inc (NASDAQ:FB) during the fourth quarter is Peter Rathjens, Bruce Clarke and John Campbell’s Arrowstreet Capital, which unloaded 7.11 million shares. Facebook’s stock is 14% in the green year-to-date and has advanced by 25% over the last 52 weeks. With Snapchat’s parent company Snap readying for an IPO this year, Facebook’s popularity among smart money investors might decline further, as both companies are near the top when it comes to social media domination. However, Facebook, which also owns WhatsApp and Instagram, has more platforms to monetize on and registers a faster growth, it’s unlikely that SnapChat will have a severe impact on investors’ sentiment towards Facebook Inc (NASDAQ:FB).

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