Image:
$1.24bn of Microsoft stock was bought by hedge funds in Q2 while $1.15bn was sold elsewhere.
Hedge funds were divided on their outlook for Microsoft in the second quarter of 2017, making the tech giant the most bought and third most sold stock among long/short managers during the period.
Analysis from S&P Global Market Intelligence's Hedge Fund Tracker shows that hedge fund managers bought 18.1 million shares of Microsoft stock in Q2 - a total investment of $1.24bn - while $1.15bn of the...
To continue reading this article...
Join Investment week
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
