Microsoft Corp. (MSFT) continues to weather the market downturn and keep pace with the S&P 500. The stock declined by roughly 9% alongside the S&P 500’s similar loss over the past year. Hedge funds have been actively selling Microsoft’s shares, and the stock slid on the WhaleWisdom Heatmap to 14 from 4.
MasterCard, Inc. (MA) continues to navigate market volatility and nip at the heels of the S&P 500. As of July 2022, MasterCard slid to a loss of approximately 8% compared to the S&P 500’s loss of about 7% over the past year. The company advanced on the WhaleWisdom Heatmap in the first quarter of 2022 to a rank of seven from twenty-five.
Meta Platforms, Inc. (META) stock has underperformed the S&P 500, falling by over 50% compared to the S&P 500’s loss of around 12% over the past year. Meta experienced a slowdown in performance, and hedge funds have been actively selling the stock. The shares had a rank of twelve on the WhaleWisdom Heatmap for the first quarter of 2022.
CoStar Group, Inc. (CSGP) saw its stock dip amid a volatile market this year. CoStar Group continues to underperform the S&P 500, falling approximately 24% year to date, while the S&P was down about 20% as of July 2022. Amidst stock fluctuations this year, hedge funds were actively buying the stock in the first quarter, and CoStar Group was added to the WhaleWisdom WhaleIndex 100 on May 17, 2022.
Thermo Fisher Scientific, Inc. (TMO) saw growth slow over the past six months. Despite a bear market, the life sciences company still outperformed the S&P500 and rose by approximately 5% compared to the S&P’s loss of about 10% over the past year. Hedge funds sold the stock in the first quarter, but it was still added to the WhaleWisdom Whale 100 index on May 17, 2022.