General Motors (GM), Citigroup (C),LyondellBasell (LYB), JPMorgan (JPM) Top Hedge Fund Picks

General Motors (NYSE:GM), Citigroup (NYSE:C), LyondellBasell (NYSE:LYB) and JPMorgan (NYSE:JPM) are the top four investment picks of hedge fund managers, according to a list compiled by Seeking Alpha.

The remaining top six picks of hedge fund managers of the top 10 in order, are Google (GOOG), Genzyme (GENZ), Hewlett Packard (HPQ), Cisco (CSCO), Williams Cos Inc (WMB) and Teva Pharmaceutical (TEVA).

Alpha said this about General Motors being No. 1: "Hedge funds snatched 6% of GM’s outstanding shares and amassed a $3.4 billion position. There were 112 hedge funds with GM positions at the end of December. John Griffin’s Blue Rigde, William Ackman’s Pershing Square, George Soros, David Tepper’s Appaloosa, Roberto Mignone’s Bridger Management, Richard Perry’s Perry Capital and Leon Cooperman’s Omega Advisors are among the several high profile hedge funds with GM positions."

General Motors closed Tuesday at $32.72, up $1.02, or 3.22 percent. Citigroup closed at $4.64, up $0.12, or 2.65 percent. LyondellBasell ended the session at $40.73, up $0.90, or 2.26 percent. JPMorgan closed at $46.40, up $1.21, or 2.68 percent.




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