Hedge funds are in a "vicious cycle of decline" as their favorite stocks follow



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Information on Facebook shares is displayed on a monitor while traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) at the closing bell on November 19, 2018 in New York.

Drew Angerer | Getty Images

Information on Facebook shares is displayed on a monitor while traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) at the closing bell on November 19, 2018 in New York.

A collection of favorite hedge fund titles, such as Facebook, Alibaba and Amazon, underperformed the equity market in the second half of 2018.

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