It was the third trigger of the recession indicator in less than two weeks.Bondsread more
U.S. manufacturer growth slowed to the lowest in almost 10 years in August, the latest sign that the trade war may be exacerbating the economic slowdown.Marketsread more
Philadelphia Fed President Patrick Harker said he doesn't see the case for additional stimulus after the Federal Reserve's July rate cut.The Fedread more
Stocks fell as fears of an economic recession built up ahead of a key speech from Federal Reserve Chairman Jerome Powell.US Marketsread more
"My sense was we've added accommodation, and it wasn't required in my view," George tells CNBC's Steve Liesman.Investingread more
Former Prudent Bear Fund manager David Tice is urging investors to brace for a massive downturn.Trading Nationread more
Apple plans to unveil three new iPhones in September, including two new "Pro" models and a successor to the iPhone XR, Bloomberg reported Thursday.Technologyread more
While Volkswagen may not want to invest in Tesla, the U.S. carmaker has been scouting locations in Europe for a new Gigafactory there.Autosread more
Corporate profits posted modest growth in the second quarter as companies brace for slowing global growth.Retailread more
A ruling against J&J could mean more big payouts in similar cases across the country.Health and Scienceread more
Kraft has filed a contempt motion against the CFTC over a press release announcing the $16 million fine to settle claims of manipulating wheat prices.Food & Beverageread more
Hedge fund managers David Einhorn and Bill Ackman get much of the media attention, but some lower-profile managers are performing better.
CNBC used Symmetric.io, a hedge fund tracking firm, to find the best under-the-radar managers and which stocks they recently bought, according to filings.
Four times a year, hedge funds report their holdings to the SEC, and the information is released to the public 45 days after each quarter ends.
With the recently released September quarter filing data, Symmetric.io graded the stock-picking ability of more than 1,000 hedge funds in its database with a proprietary indicator called StockAlpha. It is derived by comparing the performance of equities in the fund to that of a sector ETF.
Here are the top five stock-picking hedge funds measured by StockAlpha, many of them run by managers who are not household names.
Some investors focus on the stocks in which funds are taking new positions because it may mean the managers see an overlooked opportunity.
Here are some new stock additions from the top five stock pickers.