Hedge Funds Binged on GE Shares Before Worst Rout in 11 Years – Bloomberg

General Electric Co.’s biggest plunge in 11 years came at an awkward time for some of Wall Street’s savviest investors, after a recent buying spree by the likes of Renaissance Technologies, Citadel Advisors and Adage Capital Management.
— Read on www.bloomberg.com/news/articles/2019-08-16/ge-rout-ambushes-hedge-funds-after-second-quarter-buying-spree

Hedge Fund Betting on Years of Low Rates Puts 99% Cash in Stocks

(Bloomberg) — A hedge fund that’s delivered almost double the returns of the S&P 500 Index this year is going all-in on stocks — at least the safe and stodgy ones.Valley Forge Capital Management, whose $460 million of assets is invested in just nine stocks, has cut its cash holdings to 1%, the lowest
— Read on ca.finance.yahoo.com/news/hedge-fund-beating-p-500-100000388.html