Revealed: Hedge funds' most bought and sold stocks in Q2

Industry floods out of consumer discretionary sector

Mike Sheen
clock
$1.24bn of Microsoft stock was bought by hedge funds in Q2 while $1.15bn was sold elsewhere.
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

Join now

 

Already an Investment Week
member?

Login

More on Equities

Saturna and HANetf unveil Islamic-compliant ETF

Saturna Capital and HANetf target sharia-compliant stocks with actively-managed ETF

Incorporates ESG criteria

clock 25 November 2021 • 1 min read
Partner Insight: How can global equity investing benefit from the Corporate Life Cycle Concept?

Partner Insight: How can global equity investing benefit from the Corporate Life Cycle Concept?

Peter Rutter, Royal London Asset Management’s Head of Equities, tells us about the Global Equity Select Fund

RLAM
clock 22 November 2021 • 4 min read
Investment Association calls on companies to keep executive pay and bonuses in check
ESG

Investment Association calls on companies to keep executive pay and bonuses in check

Urges “restraint”

clock 19 November 2021 • 1 min read