Does Smart Money Share This Retiring Hedge Fund Manager’s Views on 5 Long-Term Bets?

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Hedge funds from our database also share Feinberg’s opinion on Facebook Inc (NASDAQ:FB), which was the third-most popular stock at the end of June as 133 investors reported stakes with an aggregate value of $8.86 billion, representing 3.70% of the company. Stephen Mandel‘s Lone Pine Capital reported holding 9.76 million shares as of the end of the second quarter, which makes it the largest shareholder among the funds we track.

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Finally, Feinberg also says that he is betting on Howard Hughes Corp (NYSE:HHC) and the industry couldn’t agree more, as 30 funds from our database reported long positions representing nearly 30% of the company as of the end of June. However, while the number of investors with long positions in Howard Hughes Corp (NYSE:HHC) remained flat over the quarter, the total value of their holdings slipped to $1.67 billion from $1.87 billion. Murray Stahl’s Horizon Asset Management and activist Bill Ackman’s Pershing Square are also bullish on Howard Hughes Corp (NYSE:HHC), holding 4.75 million shares and 3.57 million shares respectively.

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Disclosure: None

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