Top hedge funds exit energy consumer discretionary and healthcare in Q4: S&P – Opalesque

According to S&P Global Market Intelligence’s review of Q4 2016 filings by pure play hedge funds, the top hedge funds dropped their holdings of energy, consumer discretionary and healthcare, as well as, but to a lesser degree (in millions of dollars instead of billions), materials, utilities and telecom services. A year ago (Q4 2015), energy was the most bought sector.The most sold stocks in Q4 2016 included Amazon, The Williams Companies, AB InBev, Teva Pharmaceuticals, and Allergan.On the other hand, top funds increased their holdings of financials, info tech and industrials. They also increased, to a lesser degree, their holdings in real estate and consumer staples. A year ago, financials was the most sold sector.

Source: Top hedge funds exit energy consumer discretionary and healthcare in Q4: S&P – Opalesque

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