Big U.S. hedge funds regain ardor for FAANGs in first quarter: filings

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Big U.S. hedge funds regain ardor for FAANGs in first quarter: filingsAfter 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. Tiger, managed by Chase Coleman, boosted its Facebook stake by 64.5% to 8.8 million class A shares during the first quarter, according to a filing with the Securities and Exchange Commission.


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