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Top Ten Stocks Owned By Hedge Funds

Published 2018-05-22, 08:18 a/m
Updated 2018-05-22, 08:18 a/m

Investing.com- You might think that hedge funds own a lot of stocks you've never heard of, but some of their most popular holdings happen to be well-known, market favorites.
RBC Capital Markets studied the holdings of 340 hedge funds and came up with a list of the top 20 stocks based on the amount of money invested in them.
What RBC calls the "Hedge Fund Hot Dogs" list has outperformed the S&P 500 in five of the past eight years.
Here's the top ten and value of holdings.
Facebook (NASDAQ:FB) tops the list with $19.4 billion dollars in total holdings. Alphabet (NASDAQ:GOOGL) is a close second. Time Warner is a bit of a surprise.
Netflix (NASDAQ:NFLX) is sixth with Visa right behind it. Another surprise perhaps is 21st Century Fox.
In case you're wondering about Apple (NASDAQ:AAPL), it dropped from eighth to 18th this year.

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