Many hedge funds sold or reduced their tech names positions, while others bought and added to them. D1 and Soros Fund Management bought Amazon during the fourth quarter. Bridgewater bought Microsoft, exited Tesla, and added to its stakes in Uber, Square, Zillow, PayPal, Expedia, and Snowflake. Melvin Capital Management bought Facebook and Netflix and exited PayPal. David Einhorn's Greenlight Capital bought Danimer Scientific, which went public through a SPAC merger.

Source: Forbes February 22, 2021 14:26 UTC