Despite Loss NetApp Inc. (NTAP) Surges; How are Hedge Funds Treating the Stock?

AQR Capital Management, led by Cliff Asness, held the most valuable position in NetApp Inc. (NASDAQ:NTAP) at the end of March and further increased its stake by 26% during the second quarter to 3.19 million shares. AQR Capital was, however, not the hedge fund which bought the most NetApp shares between April and June. That distinction goes to Jim Simons’ Renaissance Technologies, which acquired 1.93 million shares and disclosed holding 2.64 million shares of the company as of the end of June. On the other hand, Israel Englander’s Millennium Management dumped 898,562 shares during the second quarter.

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