Detroit auto giant General Motors (GM - Get Report) has been enjoying some stellar performance in the last six months, rallying more than 42% since the end of the summer alone. That performance caught hedge funds' attention in the fourth quarter of 2012, with funds doubling their total holdings by picking up an extra 4.42 million shares. Ironically, hedge funds were big net sellers of GM in the prior quarter -- but they've since changed their tune on the carmaker.
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