10 Most Popular Stocks Among Hedge Funds

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Citigroup Inc (NYSE:C) saw the number of institutional investors long its stock advance by 17 during the fourth quarter, while the aggregate value of their stakes jumped by $1.43 billion to $10.14 billion. Aside from the aforementioned interest rates hikes, the recent announcement that Trump wants to repeal the Dodd-Frank act is also expected to benefit big banks. However, a tax rate cut would result in less savings for Citigroup Inc (NYSE:C) compared to other big banks, as it generates more earnings outside the U.S., Bloomberg added. Edgar Wachenheim‘s Greenhaven Associates held some 11.35 million shares of Citigroup Inc (NYSE:C) at the end of December.

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