Hedge funds have taken a renewed interest in bank stocks.

The funds have significantly increased their investments in banks in the past year, particularly buying more stock in the fourth quarter, regulatory filings show. Hedge funds now own 19% of Popular Inc., more than 9% of SunTrust Banks Inc., 6% of Citigroup Inc. and Zions Bancorp., and more than 4% of Wells Fargo & Co.

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