Hedge funds added more shares of Zynga Inc. than any other investment in the first quarter and sold PG&E Corp., according to a 13F analysis by Bloomberg. Technology had the biggest weighting and the percentage of their holdings decreased from the previous quarter.
- Increased Zynga shares 154% to 232.9 million with a market value of $2.15 billion
- Reduced PG&E shares 22% to 215.6 million with a market value of $2.57 billion
- Bloomberg looked at 1,111 13F filings for the first quarter, which showed $2.13 trillion in total stock holdings
- In the fourth quarter, 1,148 filings showed $2.41 trillion in total ...
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