Microsoft overtakes Amazon as most popular hedge fund bet: Goldman Sachs

Wall Street’s fast money has a new favorite bet.

Microsoft (MSFT) has replaced Amazon (AMZN) as the most popular top 10 holding among hedge funds, strategists at Goldman Sachs led by Ben Snider said in a recent note.

The investment bank’s Hedge Fund Trend Monitor, which analyzes positions across 786 firms in the industry, found 82 have Microsoft among their top 10 long positions; Amazon appeared across the leading cohort of picks 79 times.

Others names found most frequently in hedge funds’…

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