Instant Alert: These are the 25 stocks that hedge funds love the most right now

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These are the 25 stocks that hedge funds love the most right now

by Julia La Roche on Nov 29, 2015, 12:23 PM

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Hedge funds are loving Apple, Amazon, Time Warner Cable, Alphabet, Facebook and Allergan. 

That is according to some research from Goldman Sachs, which put together a "Very Important Long Position List."

These stocks are the ones that appear most frequently in the top 10 holdings of hedge fund portfolios with 10 to 200 positions.

Goldman analyzed more than 800 fundamentally-driven hedge funds' portfolios based on their 13-F filings for the third quarter.

Some newcomers to the list include Precision Castparts and PayPal Holdings. 

We've included the top 25 picks ranked from the least held to the most widely held, along with Goldman Sachs'

25. PayPal Holdings

Ticker: PYPL

Sub-sector: Data Processing & Outsourced Services

Equity Cap: $44 billion

No. of funds w/ 10 to 200 positions owning stock: 44

No. of funds with stock as top 10 holding: 21

Avg. portfolio weight when stock ranks among top 10 holdings: 6%

% of equity cap owned by hedge funds: 11%

Total return YTD: NM



24. Gilead Sciences

Ticker: GILD

Sub-sector: Biotechnology

Equity Cap: $156 billion

No. of funds w/ 10 to 200 positions owning stock: 39

No. of funds with stock as top 10 holding: 21

Avg. portfolio weight when stock ranks among top 10 holdings: 6%

% of equity cap owned by hedge funds: 2%

Total return YTD: 14%



23. Air Products and Chemicals

Ticker: APD

Sub-sector: Industrial Gases

Equity Cap: $30 billion

No. of funds w/ 10 to 200 positions owning stock: 32

No. of funds with stock as top 10 holding: 21

Avg. portfolio weight when stock ranks among top 10 holdings: 7%

% of equity cap owned by hedge funds: 27%

Total return YTD: (1%)



See the rest of the story at Business Insider


 
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