Big US Hedge Funds Regain Ardor for FAANGs in First Quarter: Filings

Traders and financial professionals work ahead of the closing bell on the floor of the New York Stock Exchange (NYSE) in New York City on May 13, 2019.

Some of the biggest, highest-profile U.S. hedge fund investors and money managers fell back in love with FAANGs in the first quarter, according to regulatory filings released this week

After dumping shares of Facebook Inc., Apple Inc., Amazon.com Inc., Netflix Inc., and Alphabet Inc.—the FAANG components—prominent hedge fund managers including Tiger Global Management LLC. have moved back into the popular group.