Ten Tech Stocks Hedge Funds Love: Apple Inc. (AAPL) and More

http://newsdoors.blogspot.com/2013/02/ten-tech-stocks-hedge-funds-love-apple.html

We have processed hundreds of 13F filings from hedge funds and other notable investors for the fourth quarter of 2012; these filings disclose many long equity positions which the investor in question had in their portfolio at the end of December. One way to use this information is by pooling the filings and seeing which stocks in different sectors were the most popular among the filers that we consider. Here are the ten stocks in the technology sector which the largest number of hedge funds owned at the end of December:

The top tech pick was Apple Inc. (NASDAQ:AAPL) with 134 filers reporting a position. This was down from the third quarter of 2012, and partly because of that Apple Inc. (NASDAQ:AAPL) lost its place as the most popular stock among hedge funds (AIG is the new #1). Billionaire David Einhorn’s Greenlight Capital increased its stake in Apple Inc. (NASDAQ:AAPL) last quarter to a total of 1.3 million shares (see more stocks Einhorn was buying).
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