Reuters – Last year was a dismal one for many U.S. hedge fund managers, but based on their year-end stock holdings, some managers were well positioned to take advantage of this year’s strong start in the equity markets.
Thomas Steyer’s Farallon Capital Management, for instance, added about 1 million shares of Qualcomm Inc in the fourth-quarter. Shares of the telecommunications equipment manufacturer are up 12 percent in 2012.
