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CNBC Pro subscribersOne stock-picking hedge fund loaded up on shares of e-commerce giant Amazon and American railroads amid the coronavirus pandemic.
New York-based hedge fund Soroban Capital Partners —co-founded by Eric Mandelblatt, Gaurav Kapadia, and Scott Friedman in 2010— manages about $10 billion in assets for clients. During the coronavirus market rout — which caused the fastest bear market and worst first quarter in history — the fund was buying up shares of major U.S. railroads, according to the most recent SEC 13f filings. Soroban also added shares of Jeff Bezos-led Amazon.
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