Monday, May 16, 2016

HIGHLIGHTS-Top U.S. hedge funds bet on Alphabet, Netflix and retailers

NEW YORK, May 16 (Reuters) - Former SAC executive Gabe

Plotkin's Melvin Capital took a new position in streaming video

service Netflix Inc, buying 950,000 shares and a call

option for 1.45 million shares, according to regulatory filings

on Monday. Melvin Capital also took a new position in Home Depot

Inc, buying 475,000 shares. And Passport Capital added

3.3 million Yahoo Inc shares, upping its stake by 243

percent, filings show.

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