Hedge funds are scrambling into these stocks with conviction, says 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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