What Do Hedge Funds Think of These Two Rising Tech Stocks?

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Hedge funds are optimistic on Jabil Circuit, Inc. (NYSE:JBL). The total number of hedge funds long Jabil increased to 32 from 30 between April and June, while the total value of their holdings appreciated to $262 million from $261 million. However, these funds held around 6.3% of Jabil’s outstanding stock at the end of June, while the largest shareholder was AQR Capital Management, which increased its position by 25% to 3.37 million shares, while Anand Parekh‘s Alyeska Investment Group disclosed a new position of 1.32 million shares in its latest 13F filing.

Disclosure: None

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