With significant hedge fund interest, MongoDB, Inc. (NASDAQ:MDB) secures a spot on our list of 10 Best SaaS Stocks to Buy According to Hedge Funds. In the first quarter of 2026, 74 hedge funds held bullish positions in the stock, representing $2.58 billion in added value. UBS Raises MongoDB (MDB) Price Price to $350, Maintains…
Apoorva Mehta, co-founder of Instacart, has created a hedge fund designed to manage much of its investments through artificial intelligence rather than traditional portfolio managers, Bloomberg reported. The company, Abundance, is based in Palo Alto, California. It started last year. Abundance has a small team of quantitative researchers, engineers, and AI specialists focused on building…
Broadcom Inc. (NASDAQ:AVGO) is one of the The 10 best stocks to invest in according to billionaire Steve Cohen. Broadcom Inc. (NASDAQ:AVGO) is one of Steve Cohen’s long-term stock picks. His hedge fund has had a stake in the chip company since the second quarter of 2018. At the time, this position comprised 892,000 shares….
LONDON, Feb 24 (Reuters) – Citigroup hedge fund clients sold off the dollar around Friday’s ruling by the U.S. Supreme Court on President Donald Trump’s sweeping tariffs, according to a note from the U.S. bank shared with Reuters late on Monday. The dollar fell in a volatile session on Friday after the Supreme Court struck…
French hedge fund Capital Fund Management, which fosters an open, academic-inspired culture, is governed by a five-member board.Stefanía Iemmi; Courtesy of Capital Fund Management Equity fund management has been on a good run in recent years, growing amid strong returns. The firm fosters an open, malleable culture that appeals to Ph.D.s but differs from many…
Riptide Advisors, a new multi-strategy hedge fund, plans to hire unproven talent as portfolio managers. Young PMs who succeed will get more capital and a path to starting their own company. Tyler Errickson, the company’s founder, said he envisions the fund as the minor leagues of the industry. Tyler Errickson doesn’t plan to compete with…
