Hedge fund managers and exchange-traded fund, or ETF, managers used the first-quarter market dip to start snapping up shares of once-robust stocks that had turned sluggish. By the end of May, hedge fund managers had purchased global stocks at the fastest rate since late 2024.
With the futures markets now pricing in roughly a 60% probability of the Fed cutting rates by a quarter-point by September, the big portfolio managers may get even more aggressive as buyers.
If and when that scenario occurs, bet on hedge fund and ETF managers to keep the pedal to the metal and keep betting on U.S. equities. Which stocks are they buying? These 10 names are likely to continue making their lists.
This post originally appeared at U.S. News & World Report.