The wild market volatility of the past couple of years due to the COVID-19 pandemic has investors interested in mitigating risks, which means more attention is being paid to hedge funds. Not all of that attention is necessarily positive, as last year saw an unprecedented situation where small-time investors banded together to put short sellers in hot water; but, regardless of how the market might fluctuate and in spite of the mercurial interests of the denizens of Reddit, total hedge fund holdings are massive: around $3 trillion. To put that in perspective, only four countries, including the U.S., have a GDP higher than that. It makes sense that people pay attention to what hedge fund managers, many of whom are high profile, billionaires or both, are buying, selling and holding, especially during these times of economic uncertainty.
Hedge funds’ quarterly public disclosures, mandated by the Securities and Exchange Commission, give us a window into their recent activity. WalletHub recently analyzed the filings of over 400 top hedge funds, identifying their biggest holdings, new positions, recent exits and more. You can check it all out, including a breakdown of the names that billionaire stock pickers, from Warren Buffett to George Soros, prefer these days.