BANK OF AMERICA: Money managers love these 9 stocks by Raul Hernandez on Jul 5, 2017, 8:11 AM Advertisement
 Bank of America Merril Lynch released its equity and quant strategy analysts' list of the most overowned stocks held by active managers. The list is a part of a new report on active manager holdings. According to BAML, the "overowned" list includes companies that meet the following criteria: "Stock is 1.5x or more than its weight in the S&P 500 in the fund manager composite, and more than 35% of funds in the sample hold the stock." The list ranges from tech giants like Alphabet and Amazon to healthcare companies like Biogen and UnitedHealth. Check out the list of nine stocks below: Comcast  Ticker: CMCSA Sector: Discretionary Relative Weight: 1.53 % of Funds Holding Stock: 51.7% Source: BofA Merrill Lynch US Equity and US Quant Strategy, FactSet Ownership
Alphabet Class A  Ticker: GOOGL Sector: Info Tech Relative Weight: 1.59 % of Funds Holding Stock: 56.9% Source: BofA Merrill Lynch US Equity and US Quant Strategy, FactSet Ownership
Mastercard  Ticker: MA Sector: Information Technology Relative Weight: 1.68 % of Funds Holding Stock: 37.0% Source: BofA Merrill Lynch US Equity and US Quant Strategy, FactSet Ownership
See the rest of the story at Business Insider
| 
0 comments:
Post a Comment