The 50 Stocks That Big Hedge Funds Love Most

A look beyond the usual favorites

   
The 50 Stocks That Big Hedge Funds Love Most

FactSet has released its quarterly report on the holdings of the country’s 50 largest hedge funds.

The usual suspects — Apple (AAPL), Microsoft (MSFT), and Google (GOOG) — are all atop the list of stocks favored by the big guys. Excluding the effect of IPO’s, Facebook (FB) was the largest addition for the group of funds, according to the report.

On the other end of the spectrum, the funds were most bearish in Boeing (BA),” writes FactSet. “This represents a shift because, as recently as the first quarter, the top 50 hedge funds more than doubled their exposure to the stock.”

FactSet’s report looks at the market value of the stocks, the weight of the stock in an aggregated portfolio, and the number of funds holding the stock.

Shares outstanding “indicates the proportion of the shares outstanding of the stock owned by the aggregated portfolio of the top 50 hedge funds.

50. Realogy Holdings (RLGY) is held by 16 funds

  • Sector: Financials
  • Market value held by funds (in millions): $1,958
  • Weight of stock in Top 50′s aggregated portfolio: 0.3%
  • % of shares outstanding: 31.2%

Source: FactSet

49. Federal-Mogul (FDML) is held by 9 funds

  • Sector: Consumer Discretionary
  • Market value held by funds (in millions): $2,047
  • Weight of stock in Top 50′s aggregated portfolio: 0.3%
  • % of shares outstanding: 81.3%

Source: FactSet

48. Johnson & Johnson (JNJ) is held by 17 funds

  • Sector: Health Care
  • Market value held by funds (in millions): $2,062
  • Weight of stock in Top 50′s aggregated portfolio: 0.3%
  • % of shares outstanding: 0.8%

Source: FactSet

See the rest of the story at Business Insider


Article printed from InvestorPlace Media, http://investorplace.com/2013/11/hedge-fund-stocks-aapl-msft-goog-fb/.

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