Hedge funds buying bank stocks

The biggest hedge funds recently revealed the stocks they bought and sold after the presidential election.

The 4 Most Popular Bank Stocks Held by Hedge Funds -- The Motley Fool

The financial sector gained popularity, seeing the largest inflows during the fourth quarter, according to a new report from FactSet that tracks the 50 biggest hedge funds. Bank of America BAC was the top stock pick among the financials. It was also the second largest purchase overall in Q4. Financial stocks rallied following the election of Donald J. Trump on expectations for corporate tax cuts and deregulation.

He noted that his fund continued to increase its exposure to financials in January. One day later, it was 6.

Hedge Funds Are Bracing for a Market Selloff - Bloomberg

Our conviction has only increased since we first initiated these investments; we have added exposure to each of the names in Any and all of these things would bring material, additional upside to bank stocks.

But our focus is different. The pendulum in monetary policy has begun to shift away from the past decade of extraordinary easing just as the pendulum in fiscal policy has begun to shift away from austerity and its limiting factors.

Coatue also bought Blue Ridge increased its Citigroup C , adding , more shares, bringing its total stake of just over 5.

Hedge funds of a certain size are required to disclose their long equity holdings in regulatory filings known as Fs. These filings come out 45 days after the end of each quarter.

Hedge funds are investing in bank stocks at record pace | New York Post

They do not include short bets or bets on currencies, bonds, and commodities. Follow her on Twitter.

Keep your hands in your pockets and don't take what isn't yours. Learned that in Kindergarten.

Markets close in 5 hrs 44 mins. The biggest hedge funds have been piling into bank stocks. Yahoo Finance February 20, Specialist Donald Himpele works at the post that handles Bank of America on the floor of the New York Stock Exchange.

Hedge fund manager Daniel Loeb speaks during a Reuters Newsmaker event in Manhattan, New York, U. Recently Viewed Your list is empty. What to Read Next. It's offensive Something else Thank you for helping us improve your Yahoo experience It's not relevant It's distracting I don't like this ad Send Done Why do I see ads? Learn more about your feedback.