10 Stocks Hedge Funds Ditched in Q3 Just Before the Market Crushed Them

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Company Ticker No of HFs (Q3) No of HFs (Q2) Q4 Returns (through 12/7/2018)
TD Ameritrade Holding Corporation AMTD 18 28 -6.15%

Hedge fund ownership of TD Ameritrade Holding Corporation (NASDAQ:AMTD) hit a two-year low at the end of Q3 after 36% of the stock’s former shareholders bailed on it during the quarter. Among them was Peter Suess’ finance hedge fund Prana Capital Management, which unloaded all of its 300,123 AMTD shares.

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