Many investors have a habit of tracking the stocks their favorite hedge fund managers buy and then effectively copying their portfolio as best they can. However, equity hedge funds have had the worst start to a year ever recorded, with an average 9% decline for the first quarter.
An analysis of what hedge funds are buying shows that many are psychologically unwilling or otherwise unable to give up on high-flying tech stocks. Given the current macro environment, it might finally be time to give up on some of those names temporarily.
Q1 2022 hedge fund letters, conferences and more
Value Is Leading Growth
The tech-laden Nasdaq 100 and Nasdaq Composite are each down by more than 20% year to date, compared...
Login required to continue reading.
Setup a free account to get access to this article (no credit card required).
View Full Article
