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Hedge funds are scrambling into these stocks with conviction, says Morgan Stanley

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Investors looking for new stock ideas may want to consider these names that garnered hedge fund interest during the second quarter, according to Morgan Stanley.

Investors on the hunt for the new stock ideas may want to take a look at these name that garnered increased interest from hedge funds during the second quarter, according to Morgan Stanley. The Wall Street firm highlighted a slew of conviction names that saw the most significant increases in ownership among big investors during the period in a Wednesday note to clients.

mountain Liberty Media shares year to date During the second quarter, Liberty Media remained among Baupost's top positions , with the Seth Klarman-led fund retaining a $486 million stake in the company. Shares are down about 19% year to date. Macy's also saw heightened interest from big investors during the second quarter, with ownership rising nearly 7%. Earlier this year, management slashed its full-year outlook .

 

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