Deals
Hedge Funds Headed to Quarantine Stocks in First Quarter Turmoil
- Managers piled into Netflix, Peloton and Amazon, among others
- Filings offer a look at firms’ moves in the first three months
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As the world began to go into lockdown, the biggest money managers loaded up on quarantine stocks.
Netflix Inc., Peloton Interactive Inc., Amazon.com Inc. and Zoom Video Communications Inc. were some of the most sought-after names in the first quarter, according to regulatory filings. George Soros, Stan Druckenmiller and Philippe Laffont were among the managers piling into such stocks.