Here's What Hedge Funds Bought When They Piled Into Stocks Last Week

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		Tech Media Wall Street Markets Strategy Sports Tools Travel Politics Latest Video Wednesday, March 23, 2011 Here's What Hedge Funds Bought When They Piled Into Stocks Last Week In our CHART OF THE DAY yesterday, we pointed out that while stocks slumped last week, hedge funds clearly bought the dip. So what specifically did they buy? In a new survey from BofA/ML's David Bianco reveals that the #1 spot to buy was (not surprisingly given all the headlines) energy, followed next by consumer discretionaries. They were sellers of tech, materials, and financials. Read » Also On Clusterstock Today: Fed Tells Bank Of America That It's Not Even Strong Enough To Pay A $.01 Per Share Dividend There Was A "Law & Order" Moment At The Raj Trial Today Lloyd Blankfein: We Probably Wouldn't Have Taken The Berkshire Deal If TARP Was Coming Sooner Here's The Story Behind The Yogurt That The Women At Your Office Are Going Crazy For Advertisement CHART OF THE DAY: Hedge Funds Bought The Frackin' Dip! CHART OF THE DAY: Who Owns All That Municipal Debt? CHART OF THE DAY: Which Industries Are Sitting On The Most Cash? Share this email: Buzz Facebook Twitter Digg Reddit StumbleUpon The email address for your subscription is: dwyld.kwu.careers@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Clusterstock RSS Feed Business Insider. 119 Fifth Avenue, New York, NY 10003 Terms of Service | Privacy Policy

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