Instant Alert: CREDIT SUISSE: Stock pickers are piling into these 12 US stock market 'darlings'

MANAGE SUBSCRIPTIONS   |   UNSUBSCRIBE   |   VIEW ONLINE   CREDIT SUISSE: Stock pickers are piling into these 12 US stock market 'darlings' by Greg Hoffman on Apr 3, 2017, 10:12 AM Advertisement Want to know the most popular US stocks among active fund managers? A Credit Suisse team led by Lori Calvasina looked at "long only, actively managed" small, mid, and large cap funds to find the answer. Microsoft was the most crowded US stock with 378 large cap funds holding long positions. Apple and Google followed close behind with the interest of 369 and 352 funds respectively. The team claims its ranking, as it incorporates holdings of both retail and institutional funds, is more robust than other studies. The bank advised, "as a general rule, we tend to be wary of owning too many Darlings given less opportunity for differentiation, and potential for underperformance if bad news emerges." We present the 12 most popular US stocks among large cap funds below. Microsoft Ticker: MSFT Industry group: Software & Services Market cap: $507.8 billion No. of large cap funds: 378 1Q '17 to date performance: 5.7% Source: Credit Suisse Click here for a real-time Microsoft chart.  Apple Ticker: AAPL Industry group: Tech hardware & Equipment Market cap: $755.1 billion No. of large cap funds: 369 1Q '17 to date performance: 24.3% Source: Credit Suisse Click here for a real-time Apple chart.  Alphabet Ticker: GOOGL Industry group: Software & Services Market cap: $581.1 billion No. of large cap funds: 352 1Q '17 to date performance: 7.2% Source: Credit Suisse Click here for a real-time Alphabet chart.    See the rest of the story at Business Insider   Share the latest business news with your network:    Email sent to:   |   Manage your email preferences   |   Unsubscribe Terms of Service   |   Privacy Policy Business Insider. 150 Fifth Avenue, New York, NY 10011