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International Business Times UK
International Business Times UK
Niloy Chakrabarti

Mag 7 Remains Top Picks for Hedge Funds as Money Managers Poured $185B Into These Stocks in Q2

Hedge Funds Vanguard Nvidia UBS United States Amazon Meta Microsoft Tesla Inc. UBS Asset Management
Hedge funds continue to invest in US stocks driving the AI sector. (Photo: Pixabay)

The Magnificent 7 stocks comprise a group of high-growth US tech firms that possess considerable influence over market movements, due to their substantial market capitalisations, robust financial performance, and rapid innovation.

Hedge funds in Q2 heavily invested in these trillion-dollar companies, reaffirming their belief in the future potential of these megacap stocks. Here, we list the top three hedge funds buying into these companies last quarter.

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