Hedge funds shun stocks like Netflix and Facebook: Sector Watch

seekingalpha2021-07-19

It has been a big week for video game stocks and things are moving forward this week. Stocks like Electronic Arts(NASDAQ:EA), Take-Two Interactive(NASDAQ:TTWO)and Activision Blizzard(NASDAQ:ATVI)have ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

MUM
2021-07-19
MUM
Ok
- MUM:
  [微笑]
- MUM:
  [微笑]
- Ichua:
  Oh no
kusanagi
2021-07-19
kusanagi
Like and comment
- Staricelock:
  Ok
zdyoyo
2021-07-19
zdyoyo
Good
AnaiAnai
2021-07-19
AnaiAnai
No more show if hedge fund not interested ?
- Vern88:
  [What]
DarrenyYSM
2021-07-19
DarrenyYSM
I wonder if we should follow HF then.
- AnaiAnai:
  better not to be a hero.
Disney168
2021-07-19
Disney168
Like pls
- 1521yes:
  like

Leave a comment

137

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1141135734?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-07-19 10:29","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"1141135734","market":"us","top_or_hot":-1,"title":"Hedge funds shun stocks like Netflix and Facebook: Sector Watch","media":"seekingalpha","content":"<div>\n<p>It has been a big week for video game stocks and things are moving forward this week.\nStocks like Electronic Arts(NASDAQ:EA), Take-Two Interactive(NASDAQ:TTWO)and Activision Blizzard(NASDAQ:ATVI)have ...</p>\n\n<a href=\"https://seekingalpha.com/news/3716147-communications\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hedge funds shun stocks like Netflix and Facebook: Sector Watch</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHedge funds shun stocks like Netflix and Facebook: Sector Watch\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-19 10:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3716147-communications><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It has been a big week for video game stocks and things are moving forward this week.\nStocks like Electronic Arts(NASDAQ:EA), Take-Two Interactive(NASDAQ:TTWO)and Activision Blizzard(NASDAQ:ATVI)have ...</p>\n\n<a href=\"https://seekingalpha.com/news/3716147-communications\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"XLC","symbol_name":"Communication Services Select Sector SPDR Fund","start_time":0,"source_url":"https://seekingalpha.com/news/3716147-communications","article_id":"1141135734","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1141135734","pubTimestamp":1626661757,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"It has been a big week for video game stocks and things are moving forward this week.\nStocks like El","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"XLC":"Communication Services Select Sector SPDR Fund","NFLX":"奈飞","EA":"艺电","ATVI":"动视暴雪","TTWO":"Take-Two Interactive Software"},"translate_title":"对冲基金避开Netflix,Inc.和脸书等股票：行业观察","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ATVI":0.9,"EA":0.9,"FB":0.9,"NFLX":0.9,"TTWO":0.9,"XLC":0.9},"content_text":"It has been a big week for video game stocks and things are moving forward this week.\nStocks like Electronic Arts(NASDAQ:EA), Take-Two Interactive(NASDAQ:TTWO)and Activision Blizzard(NASDAQ:ATVI)have been active on the back of solid monthy sales.\nAnd this week the Electronic Arts EA Play Live event launches. The company has tipped off that new gameplay reveals will be part of the focus.Updates on Battle field 2042, FIFA 22 and Madden 22 are anticipated.\nNetflix(NASDAQ:NFLX)has also thrown its hat into the ring.\nAnalyst are applauding the streaming service's move.\nBut Communication Services(NYSEARCA:XLC), which comprises streaming and video game companies, has been shunned by hedge funds of late.\nHedge fund selling in the sector was the largest for the month as seen in recent years, Morgan Stanley analysts led by Katy Haber write.\n\"Despite the sector finishing June up ~2.7% (vs. S&P 500 +2.3%), Comm. Services saw one of its largest months of net selling in recent years in June, causing net exposure to the sector to finish the month near lows over the last 12M,\" Haber wrote in a note. \"The net selling was entirely a product of long selling, given flows on the short side were paired off.\"\n\"Equity L/S funds, specifically, accounted for ~80% of the net selling, with Stat-Arb / Quant funds accounting for the residual.\"\n\"HFs were net sellers of each industry in the sector led by Interactive Media & Services followed by Media. While HFs remain OW Comm,\" she adds. \"Services relative to the sector’s market cap, we’ve seen this metric drop to the 55th %-tile since 2010 from the 94th %-tile as of mid-March this year.\"\nXLC's top stocks by weighting are Facebook(NASDAQ:FB), Alphabet(NASDAQ:GOOG)(NASDAQ:GOOGL)and Charter Communications(NASDAQ:CHTR).","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":173591993,"gmtCreate":1626667668312,"gmtModify":1703763020047,"author":{"id":"4089021312440030","authorId":"4089021312440030","name":"MUM","avatar":"https://static.tigerbbs.com/8186cbc8c07cd1a02bb3423b30977e1d","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"4089021312440030","idStr":"4089021312440030"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/173591993","repostId":1141135734,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5278643,"gmtCreate":1626831571024,"gmtModify":1663231242460,"authorId":4089021312440030,"author":{"id":4089021312440030,"idStr":"4089021312440030","authorId":4089021312440030,"name":"MUM","avatar":"https://static.tigerbbs.com/8186cbc8c07cd1a02bb3423b30977e1d","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":173591993,"type":1,"supId":5260158,"prevId":0,"content":"[微笑]","text":"[微笑]","html":"[微笑]"},{"id":5269306,"gmtCreate":1626753201657,"gmtModify":1663231199028,"authorId":4089021312440030,"author":{"id":4089021312440030,"idStr":"4089021312440030","authorId":4089021312440030,"name":"MUM","avatar":"https://static.tigerbbs.com/8186cbc8c07cd1a02bb3423b30977e1d","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":173591993,"type":1,"supId":5260158,"prevId":0,"content":"[微笑]","text":"[微笑]","html":"[微笑]"},{"id":5260158,"gmtCreate":1626675959335,"gmtModify":1663231155128,"authorId":3554848762875033,"author":{"id":3554848762875033,"idStr":"3554848762875033","authorId":3554848762875033,"name":"Ichua","avatar":"https://static.tigerbbs.com/175ebc8e659de3f491645e9236066d54","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":173591993,"type":1,"supId":0,"prevId":0,"content":"Oh no","text":"Oh no","html":"Oh no"}],"langContent":"EN"},{"id":173503510,"gmtCreate":1626666641630,"gmtModify":1703763004094,"author":{"id":"3586427005758995","authorId":"3586427005758995","name":"kusanagi","avatar":"https://static.tigerbbs.com/8f06e59f7412011a60b78a8424d544e4","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3586427005758995","idStr":"3586427005758995"},"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/173503510","repostId":1141135734,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5259426,"gmtCreate":1626667847271,"gmtModify":1663231152947,"authorId":3582854998341736,"author":{"id":3582854998341736,"idStr":"3582854998341736","authorId":3582854998341736,"name":"Staricelock","avatar":"https://static.tigerbbs.com/61ced7ebcf5103c30768f4f61038d8b5","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":173503510,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":173246190,"gmtCreate":1626665355510,"gmtModify":1703762979349,"author":{"id":"4087872542929060","authorId":"4087872542929060","name":"zdyoyo","avatar":"https://static.tigerbbs.com/114f25ed87a268591ee9d29cc7e23a12","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"4087872542929060","idStr":"4087872542929060"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/173246190","repostId":1141135734,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":173258140,"gmtCreate":1626664473280,"gmtModify":1703762963097,"author":{"id":"3583884958321017","authorId":"3583884958321017","name":"AnaiAnai","avatar":"https://static.tigerbbs.com/8b0d0d8e20a4082ac0bc6a98756546ec","vip":1,"crmLevel":1,"crmLevelSwitch":1,"authorIdStr":"3583884958321017","idStr":"3583884958321017"},"htmlText":"No more show if hedge fund not interested ?","listText":"No more show if hedge fund not interested ?","text":"No more show if hedge fund not interested ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/173258140","repostId":1141135734,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5259100,"gmtCreate":1626664849868,"gmtModify":1663231147636,"authorId":3559772010225021,"author":{"id":3559772010225021,"idStr":"3559772010225021","authorId":3559772010225021,"name":"Vern88","avatar":"https://static.tigerbbs.com/7c14bb97c93beeba4398be1214427278","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":173258140,"type":1,"supId":0,"prevId":0,"content":"[What]","text":"[What]","html":"[What]"}],"langContent":"EN"},{"id":173250839,"gmtCreate":1626664134621,"gmtModify":1703762956417,"author":{"id":"3586939965895816","authorId":"3586939965895816","name":"DarrenyYSM","avatar":"https://static.tigerbbs.com/7fb98b9b6cf4f7ff1919bf29b2d3c62f","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3586939965895816","idStr":"3586939965895816"},"htmlText":"I wonder if we should follow HF then.","listText":"I wonder if we should follow HF then.","text":"I wonder if we should follow HF then.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/173250839","repostId":1141135734,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5259080,"gmtCreate":1626664498929,"gmtModify":1663231150437,"authorId":3583884958321017,"author":{"id":3583884958321017,"idStr":"3583884958321017","authorId":3583884958321017,"name":"AnaiAnai","avatar":"https://static.tigerbbs.com/8b0d0d8e20a4082ac0bc6a98756546ec","vip":1,"crmLevel":1,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":173250839,"type":1,"supId":0,"prevId":0,"content":"better not to be a hero.","text":"better not to be a hero.","html":"better not to be a hero."}],"langContent":"EN"},{"id":173229763,"gmtCreate":1626663497352,"gmtModify":1703762944038,"author":{"id":"3581483862047878","authorId":"3581483862047878","name":"Disney168","avatar":"https://static.tigerbbs.com/2306a5f8d24ebd89f88132c5a8f1eeec","vip":1,"crmLevel":5,"crmLevelSwitch":1,"authorIdStr":"3581483862047878","idStr":"3581483862047878"},"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/173229763","repostId":1141135734,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5259012,"gmtCreate":1626663962344,"gmtModify":1663231148031,"authorId":3575273204402761,"author":{"id":3575273204402761,"idStr":"3575273204402761","authorId":3575273204402761,"name":"1521yes","avatar":"https://static.tigerbbs.com/5c7c5c91dad8a3479b64a59aca3d3845","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-3","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"President Tiger","description":"The transaction amount of the securities account reaches $1,000,000","bigImgUrl":"https://static.tigerbbs.com/fbeac6bb240db7da8b972e5183d050ba","smallImgUrl":"https://static.tigerbbs.com/436cdf80292b99f0a992e78750ac4e3a","grayImgUrl":"https://static.tigerbbs.com/506a259a7b456f037592c3b23c779599","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.22","exceedPercentage":"93.22%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":3,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":173229763,"type":1,"supId":0,"prevId":0,"content":"like","text":"like","html":"like"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":137,"commentSize":14,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1141135734"}