7 Top Stocks Most Bought by Hedge Funds in 2021

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3. Microsoft Corp. (MSFT)

Microsoft had a strong year in 2020, increasing by 39% year over year thanks to its booming business software and cloud services businesses. Hedge fund managers, on the other hand, see more upside for Microsoft in 2021, given that they increased their net holdings in the fourth quarter. One of Microsoft’s largest shareholders is billionaire Ken Fisher’s Fisher Asset Management fund. Fisher has been a long-time Microsoft shareholder, and in the fourth quarter of 2020, he added more than 1 million shares to his portfolio. Fisher now owns 23.3 million MSFT shares, valued at $5.5 billion.


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