10 Most Popular Stocks Among Hedge Funds

Page 7 of 11

While the majority of the top five most popular stocks among hedge funds are represented by tech companies, they generally saw a drop in the number of investors holding shares. Amazon.com, Inc. (NASDAQ:AMZN) saw 123 funds tracked by us holding around $14.44 billion worth of stock heading into 2017, which is significantly lower compared to 150 funds with stakes worth $20.79 billion at the end of September. Among these funds, Fisher Asset Management was the largest shareholder with a 2.0 million-share stake. The strong returns registered by big tech companies’ stocks in the recent past it’s widely discussed which company will reach the $1.0 trillion valuation sooner, with Amazon.com, Inc. (NASDAQ:AMZN) being one of the favorites. as the company has a cloud business growing at a fast pace and has recently entered into the Internet of Things segment and is planning to get into the logistics business.

Amazon.com, Inc. (NASDAQ:AMZN), Sign, Building, headquarters, Logo, Brand

Ken Wolter / Shutterstock.com

Page 7 of 11