5 Mega Cap Stocks Hedge Funds Are Crazy About

5. Alphabet Inc. (NASDAQ:GOOGL): $1,334
Market Cap: $930 billion
Number of Hedge Funds: 147
Total Dollar Amount of Long Hedge Fund Positions:$12.3 billion
Percent of Hedge Funds with Long Positions: 19.7%
Fourth Quarter Return (through November 14th): 7.2%
Popularity Ranking (Q2): 4
Noteworthy Hedge Fund Shareholders: Ken Fisher, Cliff Asness

Sergey Brin