Federal ID: 91-6001537
ISSN: 0022-1090 (Print) | 1756-6916 (Online)
TAXI! Do Mutual Funds Pursue and Exploit Information on Local Companies?
David C. Cicero, Andy Puckett, Albert Y. Wang, and Shen Zhang ♦ We use New York City (NYC) taxi data to identify trips between mutual fund offices and local firm headquarters. NYC funds overweight the stocks of local firms they visit via taxi,…