Hedge funds piled into Alibaba shares in third quarter

By Luciana Lopez NEW YORK (Reuters) - Hedge funds scooped up shares of Chinese company Alibaba Group Holding in the third quarter, making the e-commerce giant one of the most commonly bought stocks among some of the country's biggest investors, according to regulatory filings on Friday. Among the institutional investors that took new stakes in Alibaba were Jana Partners, the $11 billion hedge fund run by Barry Rosenstein, Janus Capital Management, Tiger Management, Louis Bacon's Moore Capital Management and Leon Cooperman's Omega Advisors. ...

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