10 Most Popular Stocks Among Hedge Funds

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After being the star company of many hedge funds, Apple Inc. (NASDAQ:AAPL) saw a drop in popularity in the last three months of 2016. At the end of December, 113 funds amassed shares of the company, versus 145 funds a quarter earlier. However, the value of these funds positions advanced to $16.54 billion from $16.22 billion, but a significant contribution to this figure is Berkshire Hathaway’s position, which was boosted by around 280% to 57.36 million shares worth $6.64 billion (40% of the aggregate amount). Apple Inc. (NASDAQ:AAPL)’s stock is 17% in the green year-to-date as investors were upbeat about the company’s financial results and iPhone sales in the holiday company. Moreover, with the general optimism surrounding the U.S. economy, Apple Inc. (NASDAQ:AAPL) is likely to follow the cycle.

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