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Goldman's portfolio of hedge funds’ favorite stocks is trouncing the market

June 04, 2018 / Fred Imbert

A stock portfolio made up of hedge funds' favorite picks put together by Goldman Sachs is up twice as much as the broader market this year, which is struggling for gains. The Goldman Sachs Hedge Fund VIP basket is up about 4 percent in 2018, while the S&P 500 index has gained just more than 2 percent as of Friday's close. The overall U.S. stock market has struggled to make sharp gains this year as investors grapple with myriad concerns, including rising trade tensions between the U.S. and key partners, fears of rising inflation and geopolitical concerns from overseas. Those worries also have led to increased volatility in the market.