It’s the time of year again when money managers start window dressing—dressing up their investment portfolios to make them look as good as possible to investors, according to the Wall Street Journal.  

When investors receive their reports after each quarter, firms usually list their top holdings to provide a sense of what stocks they own. Around this time of year, money managers from mutual funds to hedge funds spend this time selling off picks that performed poorly in the pervious 11 weeks or so and buying up the quarter’s best performers.

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