10 Most Popular Stocks Among Hedge Funds (Part 1)

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#1 Facebook Inc (NASDAQ:FB)

As of the end of the first quarter of 2017, 155 funds tracked by Insider Monkey were bullish on Facebook Inc (NASDAQ:FB), up from 146 funds a quarter earlier, and ranking it as the most popular stock among hedge funds. Facebook has gained over 33% year-to-date and analysts think that the stock is poised to gain even more value, as the company is now set to tap into the lucrative online video industry. Facebook recently announced its plans to start producing original video content on its platform. That content will include short clips and exclusive shows. Last month, the Wall Street Journal reported that Facebook was looking into deals with e-sports companies, including ESL, to stream live gaming content and competitions on Facebook’s platform. Andreas Halvorsen’s Viking Global owns 15.76 million shares of Facebook Inc (NASDAQ:FB) as of the end of March.

Facebook Inc (NASDAQ:FB), Facebook application login page, Apple iPad Air, tablet, logo

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Follow Meta Platforms Inc. (NASDAQ:META)

We will review the next five most popular stocks among hedge funds in the second part of this article.

Disclosure: None

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