Hedge funds are looking for stocks with appealing qualities. This usually manifests itself in the form of increased revenue and a track record of superior performance. It also implies a high level of liquidity. The most popular stocks among hedge funds are listed below.
1. Apple (AAPL)
Apple is off to a shaky start in 2021, with shares down more than 6% year to date after gaining more than 70% in 2020. While some investors are cashing in on the strong 2020 returns, hedge fund managers continue to hold Apple as their top stock for 2021. In the fourth quarter, fund managers increased their Apple holdings. Warren Buffett, the CEO of Berkshire Hathaway (BRK.A, BRK.B), is one of Apple’s biggest supporters. Berkshire Hathaway owns nearly 908 million Apple shares worth about $110 billion. Berkshire Hathaway owns more than twice as much Apple as any other company.