Monday, May 20, 2013

Hedge funds bet $1.6 billion on Boeing in first quarter

Boeing Corp. was the stock du jour among the 50 largest hedge funds during the first quarter.

Hedge funds moved $1.6 billion into Boeing shares, FactSet said in a report Friday that compiles data from 13F-HR filings that show quarterly stock holdings of large investors as of March 31.  Viking Global Investors was a huge buyer in the quarter, accumulating a fresh stake of 12.375 million shares. Jana Partners was a new buyer of Boeing’s stock as well, purchasing 1.55 million shares….

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