Presenting: the hedge fund darlings of 2016.
Goldman Sachs recently published its latest Very Important Position list of stocks that appear the most among the funds' largest 10 holdings.
One disclaimer: The list was compiled based on recent 13-F filings hedge funds made. These stocks were held as of the end of the second quarter, and the funds could have since changed their positions.
Goldman ranked the stocks based on the number of funds that had it as a top-10 holding.
Here are the top nine, in descending order:
Apple
Ticker: AAPL
Subsector: Technology Hardware Storage & Peripherals
No. of funds with stock as top-10 holding: 42
No. of funds with 10 to 200 positions owning stock: 61
% of equity cap owned by hedge funds: 1%
Return year-to-date: 6%
Source: Goldman Sachs
Yahoo
Ticker: YHOO
Subsector: Internet Software & Services
No. of funds with stock as top-10 holding: 43
No. of funds with 10 to 200 positions owning stock: 60
% of equity cap owned by hedge funds: 19%
Return year-to-date: 18%
Source: Goldman Sachs
Microsoft
Ticker: MSFT
Subsector: Systems Software
No. of funds with stock as top-10 holding: 43
No. of funds with 10 to 200 positions owning stock: 73
% of equity cap owned by hedge funds: 2%
Return year-to-date: 6%
Source: Goldman Sachs
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