Hedge Funds Are Buying These Stocks
By: Top Hedge Fund Owned Stocks
| Company Name | Sector | Percent Owned | Number of Positions |
|---|---|---|---|
| Federal Mogul | Consumer Disc. | 77% | 7 |
| Noranda Alum | Materials | 68% | 9 |
| Metals USA | Materials | 68% | 7 |
| Einstein Noah | Consumer Disc. | 65% | 3 |
| American Railcar | Industrials | 56% | 4 |
Source: Credit Suisse Quantitative Equity Research
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Hedge funds took profits in large cap consumer discretionary stocks in the fourth quarter of 2011 and put more money to work in the tech sector, which has been the top performer so far this year.
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