Reuters/ Keith Bedford
There are a few standout investments: Tech-focused hedge fund Tiger Global took a big position in Netflix, while Jana Partners invested in Precision Castparts right before Warren Buffett announced a takeover of the company.
A number of funds also took positions in pharmaceuticals stock Perrigo, including Kyle Bass of Hayman Capital.
Alibaba was another stock to see hedge fund action in the second quarter. David Tepper's Appaloosa Management bought into the Chinese e-retailer, while Tudor Investment Corporation - led by billionaire Paul Tudor Jones II - sold out.
Here is a breakdown of what the biggest names in finance were buying and selling in the second quarter, based on Bloomberg data on the top buys and sells by market value.