•  
• Tweet
•  
•  
•         Track Keywords
•  
• 

In the week ending 16 May, 2014, hedge funds disclosed their latest investment positions in Q1 with top funds shedding light on their stakes in high-profile Internet names such as Netflix and Groupon; hedge funds invested in technology and healthcare fell 3.65 %in April; the biggest U.S. hedge fund managers clung to eBay, Dollar General Corp and Walgreen but sold General Motors, Carl Icahn urged PayPal to spinoff; Lansdowne bought Tesla Motors and sold Citigroup and General Motors; Warren Buffett’s Berkshire Hathaway disclosed a $528.7m holding in Verizon Communications; Caxton Associates and Crispin Odey’s hedge fund were among buyers of Bank of America Corp. shares in Q1; Paulson & Co in Q1 maintained its stake in SPDR Gold Trust; George Soros raised his stake in Barrick Gold Corp and gold mining companies ETFs; Appaloosa Management’s David Tepper added Facebook, Expedia, and Priceline; other hedge fund titans put their money on Asian internet in Q1; and after a few weeks of going long the S&P500, hedge funds cut their exposures to a net short.

Panelists at the SALT Conference said investing in credit remains strong despite interest rate talks; Blackstone Group stood to earn 300% or $1.1bn on Pinnacle Foods’s $6.6bn sale to Hillshire Brands; hedge funds are still feeding on Lehman six years after its bankruptcy; John Bader said hedge funds made heavy bets on more volatility ahead; investors are increasing their allocations to alternative assets, said Cerulli; short hedge funds scrambled to cover their assets as market jumps; and Citadel Advisors took a 5% stake in Hillshire Brands.

New research from Novus showed European short positions by hedge funds outperformed the markets in April; Polyg......................

To view our full article Click here