Following billionaire investors into top stocks can be a smart move.
This is especially true when those stocks are trading well off their highs
The first quarter of 2026 was a busy one for many of the world’s leading investors as they traded in and out of stocks. Let’s look at two beaten-down tech stocks where the smart money was investing last quarter. 1. Microsoft Microsoft (NASDAQ: MSFT) was a popular stock with hedge fund investors in Q1, with several well-known funds buying shares.
This includes Bill Ackman of Pershing Square Capital and billionaire Tom Steyer of Farallon Capital, among others. Meanwhile, the stock remains down 23% from its highs. The appeal of Microsoft is pretty straightforward.