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12 Technology Stocks Hedge Funds Are Insanely Bullish About

Insider Monkey, your source for free insider trading data, has started publishing some of its content on Seeking Alpha. Here is the latest article we published about the most popular stocks among hedge fund managers:

Apple Inc. (NASDAQ:AAPL)

Based on the transactions of nearly 700 hedge funds, we compiled the list of the top 12 technology stocks hedge funds were buying like crazy during the most recent fourth quarter:

1. Apple Inc (AAPL): Nearly 200 hundred hedge funds own 4% of the outstanding shares. Hedge fund stars like David Einhorn, John Griffin, Stephen Mandel, Chase Coleman and John Burbank all own AAPL in their portfolio.

2. Microsoft Co (MSFT): Microsoft was owned by 161 hedge funds at the end of last year. Barry Rosenstein’s Jana Partners, David Einhorn’s Greenlight Capital, Craig Effron’s Scoggin Capital, and Brevan Howard are some of other hedge funds bullish about Microsoft. Whitney Tilson was extremely bulish about Microsoft too. He predicted that Microsoft will reach $35 by the end of 2011.

3. Google Inc. (GOOG): A whopping 156 hedge funds owned Google at the end of last year. They spent $1.6 Billion during the fourth quarter. Lee Ainslie’s Maverick, Roberto Mignone’s Bridger Management, Jim Simons’ Renaissance, Andreas Halvorsen’s Viking, and Jonathan Auerbach’s Hound Partners are among the hedge funds that are bullish about Google. 

Read the rest of the article at Seeking Alpha>>>

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