The Wall Street firm looked at recent regulatory filings from hedge funds and long-only fund managers and found the most-popular holdings among both groups.
Hedge funds and other professional investors' favorite bets are crushing the market, posting a near 30% rally this year, according to Jefferies. The Wall Street firm looked at recent regulatory filings from hedge funds and long-only fund managers and found the most-popular holdings among both groups, calling them "uber crowded" trades. As a group they are up 28.5% year to date. Meanwhile, the S & P 500 is about 19% higher this year.
Microsoft shares are up more than 40% in 2023. Nvidia has been one of the biggest winners in the latest AI boom. The chip giant topped a $1 trillion market capitalization after a shockingly strong forecast in May of future demand. Alphabet is also well-loved by hedge funds and long-only mutual funds. The YouTube parent has climbed nearly 50% this year as its Google internet search engine recently announced it will add AI features .
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Binance Coin (BNB) Price Analysis for July 30How long will the sideways trading of BNB last? Dave_Jonez_02 BNB Pain_Alive_BNB Binance_DEX BinanceResearch
Read more »
Alerts in your neighborhood: Latest police, fire incidents around the Valley (July 24-30)Here's a look at the latest police investigations, fires, crashes and other incidents that are happening around the Valley for July 24-30.
Read more »
Red Sox vs Giants Prediction, Picks, Odds — July 30With both squads resorting to deploying openers and settling for bulk relief options in lieu of a traditional starter, we've identified which side has the edge both on offense and in the field with our betting picks: Rafael Devers and the Red Sox.
Read more »
Look Ahead: Local events and things to do this week, July 30-August 5Things to do this week around town include The Great Salt Lake Fringe Festival, the supergroup boygenius, and a double act at the Twilight Concert Series.
Read more »
This Alamo Heights mansion for sale has a 30-foot-high foyer and its own elevatorA sprawling Mediterranean-style mansion has hit the market in Alamo Heights for just shy of $1.4 million, and it's got all the extravagances fitting its price tag.
Read more »
Yankees vs Orioles Prediction, Picks, Odds — July 30Other than an outlier vs. the Dodgers, Orioles righty Dean Kremer has pitched very well of late. His outs-recorded prop is a touch low despite his recent hot stretch and the fact that the Yankees haven't been able to hit much of anything.
Read more »