Looking At The Long-Term Performance of Hedge Funds’ Popular Picks from 2015

In the first quarter of 2015, the number of hedge funds that disclosed holding shares in Citigroup fell to 126 from 137, while the aggregate value of the stakes held by those funds inched up to $11.63 billion from $11.27 billion. On May 31, 2015, Citibank’s stock was worth $54.45, and the company was embroiled in a series of probes over questionable practices. Two years later, Citigroup’s stock price had risen to $60.54, signifying an 11.18% increase that, while good, isn’t exactly exciting. Citigroup was down to having 112 hedge funds in our database as shareholders as of March 31, 2017, with them holding $9.81 billion in shares.

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