David Einhorn Bags Seagate Profit, Other Hedge Fund Moves

Dow Jones Industrial Average (INDEXDJX:.DJI) closed down -0.4 percent and S&P 500 (INDEXSP:.INX) -0.55 percent and took a much needed break yesterday, after a seemingly uninterrupted market rally that kicked in this year. The exuberant equity markets have punished short positions which we cover actively, so we are taking a moment to look at how hedge funds have moved in their long holdings in the past few weeks. Tiger Global Ups Carter’s, Viking Adds Intuitive Surgical Tiger Global showed how much it likes baby clothes, the fund raised its position in Carter’s, Inc. (NYSE:CRI) to 6.75 percent of the company’s shares. The hedge fund filed…