Do Hedge Funds Still Love the FAANG Stocks?

Many investors are selling down these onetime tech darlings.

(Jason Alden/Bloomberg)

(Jason Alden/Bloomberg)

As the stock market turned in one of its best first quarters this year, hedge funds continued to “drool over” technology names, according to a Novus Research analysis of the most recent 13F filings. Even so, it appears that many hedge funds are losing their appetite for the high-flyers.

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