“Show me the money!” The popular catchphrase shouted by Tom Cruise’s character in the movie Jerry Maguire is very relatable to investing. Show me where the smart money is going and you can probably uncover a stock worth betting on.
Seeing where hedge funds are investing is a way to narrow down the vast universe of stocks into a more manageable list. Every quarter, hedge funds are required to file with the Securities & Exchange Commission a 13-F form which shows all the stocks the fund owns. It tells us how many shares they bought and sold.
Here are three hedge fund stocks the smart money has been piling into lately. They represent an excellent place to start your investigation into whether they belong in your portfolio as well.
This post appeared first on InvestorPlace.