Hedge Funds Favorite Stock Picks in First Quarter

FactSet in its recent report revealed the 50 largest hedge funds increased their equity exposure by over 5 percent in the first quarter of 2013. This data fits in with much of what we have reported recently. They also mention the favorite stock picks of some of the larger funds. FactSet Research Systems Inc. (NYSE:FDS) is engaged in combining integrated financial information, analytical applications and client service to enhance the workflow and productivity of the global investment community. In its recently published “Hedge Fund Ownership Report”, it highlighted that the top hedge funds’ holdings include prominent Internet search and personal…