Citigroup Inc. (NYSE:C). Big banks in general saw hedge fund interest increase slightly, and the most popular pick in the industry was Citi with 93 hedge funds owning the stock. Billionaire David Tepper’s Appaloosa Management increased its holdings of Citi to 10.2 million shares between the beginning of July and the end of the third quarter (find more stock picks from David Tepper)
General Motors Company (NYSE:GM). Even before billionaire David Einhorn of told attendees at October’s Value Investing Congress that GM was one of his long stock picks, the hedge fund community had been buying in with the 78 holders of the stock from the end of the second quarter increasing to 88. Einhorn’s fund had owned about 23 million shares of the stock at the end of September. See David Einhorn's top holdings.
Bank of America Corp (NYSE:BAC). 85 hedge funds and other notable investors reported owning Bank of America, up from 82 in the previous quarter. D.E. Shaw, a large hedge fund managed by David Shaw, reported owning over 8 million shares of the bank on its 13F. Check out more stocks that D.E. Shaw owns.
JPMorgan Chase & Co. (NYSE:JPM). Ownership ticked up slightly here as well, with our database showing 83 13F filers with positions in JPMorgan Chase. Fisher Asset Management, a money management firm run by billionaire Ken Fisher, more than doubled the size of its position in JPMorgan Chase during the third quarter of the year (find more of Ken Fisher's stock picks).
Wells Fargo & Company (NYSE:WFC). You can have your C and BAC and JPM, but Warren Buffett will stick with Wells Fargo. Berkshire Hathaway actually increased its stake in what is generally considered to be one of the safest large banks and with a total of 81 filers in our database owning the stock it kept right behind the other big banks in our rankings. See what other stocks are in Warren Buffett's portfolio.
QUALCOMM, Inc. (NASDAQ:QCOM). Thanks to upstarts AIG, GM, and Wells Fargo, Qualcomm dropped three places in our rankings even though the number of hedge funds reporting a position decreased by only two (from 79 to 77). Billionaire Stephen Mandel’s Lone Pine Capital cut its stake but still owned 6.9 million shares at the end of the quarter, a position worth over $400 million at that time (research more stocks that Lone Pine Capital owned).
After the end of each quarter hedge funds disclose their most important long stock positions at the U.S. Securities and Exchange Commission. Our research has shown that, the most popular small-cap stocks...... (read more)
Nelson Peltz's hedge fund Trian Partners has revealed initiating a position in a new company Allegion PLC (NYSE:ALLE), a spin-off from Ingersoll-Rand PLC (NYSE:IR). Trian holds over 5.74 million...... (read more)
There are three types of investors: smart, dumb, and dumber. Eugene Fama is best known for his Efficient Market Hypothesis. His hypothesis helped millions of “dumber” investors to switch to dumb investing...... (read more)
Carl Icahn is still bullish on Nuance Communications Inc. (NASDAQ:NUAN), according to a new filing with the Securities and Exchange Commission. The billionaire reported acquiring around 1.38 million...... (read more)
Hedge fund guru Crispin Odey has made a £22million bet that Manchester United’s poor performance on the field will be echoed in the stock market. The founder of Odey Asset Management has taken out...... (read more)
Tom Sandell's Sandell Asset Management went activist on Bob Evans Farms Inc (NASDAQ:BOBE) again. The fund issued a press release, disclosing an open letter sent to the company's board. According to...... (read more)
Warren Buffett and Berkshire Hathaway, in a new filing with the Securities and Exchange Commission, revealed buying a significant amount of shares of DaVita HealthCare Partners Inc (NYSE:DVA). Berkshire...... (read more)
Hedge fund Elliott Capital Advisors considers drug wholesaler McKesson Corporation (NYSE:MCK) -0.33% $6.1 billion takeover offer for Germany's Celesio AG CLS1.XE +0.35% too low, and is instead proposing...... (read more)
Steven Cohen's SAC Capital has revealed, in a new filing with the Securities and Exchange Commission, significantly surging its holding in Move Inc. (NASDAQ:MOVE). SAC Currently owns over 1.98 million...... (read more)
Billionaire Carl Icahn's activist position in Hologic, Inc. (NASDAQ:HOLX) takes a new step with the nomination of two representatives on the company's board of directors. According to a press release...... (read more)