Our database showed that 65 funds and other notable investors owned shares of Oracle Corporation (NASDAQ:ORCL). While the Baupost Group, managed by value investor Seth Klarman, did sell shares of Oracle between October and December the software company remained one of its top picks (learn about more stocks that Baupost owns).
Yahoo! Inc. (NASDAQ:YHOO) was another decently popular tech stock; we tracked 60 hedge funds reporting ownership of Yahoo shares. Billionaire Dan Loeb’s Third Point owned over 73 million shares of Yahoo; Loeb was a key player in ousting the company’s former CEO and replacing him with Marissa Mayer (see more of Loeb's stock picks).
Hedge funds were also selling Cisco Systems, Inc. (NASDAQ:CSCO) during Q4 and we found 58 of them owning shares going into 2013. Citadel Investment Group, which is managed by billionaire Ken Griffin, owned about 10 million shares of Cisco- up significantly from three months earlier (find more changes Griffin was making to Citadel's portfolio).
The same number of 13F filers in our database- 58- were long EMC Corporation (NYSE:EMC), the $51 billion market cap data storage company. Bain Capital’s Brookside Capital owned 8.1 million shares of EMC, making it one of the fund’s top picks (research Brookside's top stock picks).
A few hedge funds moved into Dell Inc. (NASDAQ:DELL) during the fourth quarter of 2012, bringing the total breadth of ownership to 50 filers. One fund which held a position in Dell was Donald Yacktman’s Yacktman Asset Management.
Disclosure: I own no shares of any stocks mentioned in this article.