2 days ago
Hedge Funds Add Microsoft, Netflix in Position Shuffle: 13F Wrap
Hedge funds added exposure to technology giants including Microsoft Corp. and Netflix Inc. in the second quarter, a stretch that saw an initial surge in volatility due to President Donald Trump's trade policies but ultimately ended with major benchmarks posting significant gains.
Hedge fund holdings of Microsoft grew by $12 billion to $47 billion in the three months ending June 30, according to Bloomberg analysis of data from 13F filings, a result of both net buying and the company's surging stock price.