Five Stocks Hedge Funds Are Piling Into

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Finally, Facebook Inc (NASDAQ:FBclimbed one spot and became the most popular company among the investors tracked by us at the end of 2016, replacing Amazon, as it registered a smaller drop in the number of bullish investors than the eCommerce giant. The number of investors long Facebook Inc (NASDAQ:FB) fell by three to 146 between October and December, while the aggregate value of their positions dropped by 24% to $12.42 billion. Among these funds, Viking Global held the largest stake, which contained 18.98 million shares, according to its latest 13F filing. Owning the largest social media platform in the world, Facebook is currently trying to find ways to monetize its Messenger platform. According to The Information, Facebook Inc (NASDAQ:FB) is currently attempting to include commerce buttons in Messenger, which would allow users to buy tickets, order food, or perform other activities, when they chat about them.

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