GOLDMAN: These are the 21 stocks that matter most to hedge funds

source
Wikimedia

Presenting: the hedge fund darlings of the first quarter.

Goldman Sachs recently published its Very Important Position (VIP) list of stocks that appear the most among the funds’ largest 10 holdings.

Starwood, Alibaba and Home Depot were among the top stocks that joined the list during the quarter and had not made the cut before.

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 first 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 21, in descending order:


Delta

source
Thomson Reuters

Ticker: DAL

Subsector: Airlines

No. of funds with stock as top 10 holding: 24

No. of funds with 10 to 200 positions owning stock: 41

% of equity cap owned by hedge funds: 12%

Return year-to-date: -15%

Source: Goldman Sachs


HCA Holdings

source
NYSE Euronext’s Facebook Page

Ticker: HCA

Subsector: Health Care Facilities

No. of funds with stock as top 10 holding: 25

No. of funds with 10 to 200 positions owning stock: 35

% of equity cap owned by hedge funds: 12%

Return year-to-date: 15%

Source: Goldman Sachs


Citigroup

source
Thomson Reuters

Ticker: C

Subsector: Diversified Banks

No. of funds with stock as top 10 holding: 25

No. of funds with 10 to 200 positions owning stock: 40

% of equity cap owned by hedge funds: 2%

Return year-to-date: -16%

Source: Goldman Sachs


Broadcom

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Facebook/Broadcom

Ticker: AVGO

Subsector: Semiconductors

No. of funds with stock as top 10 holding: 25

No. of funds with 10 to 200 positions owning stock: 37

% of equity cap owned by hedge funds: 10%

Return year-to-date: -1%

Source: Goldman Sachs


Priceline Group

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Priceline

Ticker: PCLN

Subsector: Internet Retail

No. of funds with stock as top 10 holding: 26

No. of funds with 10 to 200 positions owning stock: 51

% of equity cap owned by hedge funds: 9%

Return year-to-date: 1%

Source: Goldman Sachs


Bank of America

source
REUTERS/Shannon Stapleton

Ticker: BAC

Subsector: Diversified Banks

No. of funds with stock as top 10 holding: 26

No. of funds with 10 to 200 positions owning stock: 49

% of equity cap owned by hedge funds: 2%

Return year-to-date: -17%

Source: Goldman Sachs


Pfizer

source
Thomson Reuters

Ticker: PFE

Subsector: Pharmaceuticals

No. of funds with stock as top 10 holding: 27

No. of funds with 10 to 200 positions owning stock: 49

% of equity cap owned by hedge funds: 3%

Return year-to-date: 5%

Source: Goldman Sachs


Visa

source
REUTERS/Jason Reed

Ticker: V

Subsector: Data Processing & Outsourced Services

No. of funds with stock as top 10 holding: 28

No. of funds with 10 to 200 positions owning stock: 55

% of equity cap owned by hedge funds: 3%

Return year-to-date: 1%

Source: Goldman Sachs


Starwood Hotels & Resorts

source
José Carlos Cortizo Pérez/Flickr

Ticker: HOT

Subsector: Hotels Resorts & Cruise Lines

No. of funds with stock as top 10 holding: 28

No. of funds with 10 to 200 positions owning stock: 35

% of equity cap owned by hedge funds: 31%

Return year-to-date: 17%

Source: Goldman Sachs


Constellation Brands

source
Corona Extra on Facebook

Ticker: STZ

Subsector: Distillers & Vintners

No. of funds with stock as top 10 holding: 29

No. of funds with 10 to 200 positions owning stock: 38

% of equity cap owned by hedge funds: 20%

Return year-to-date: 15%

Source: Goldman Sachs


PayPal

source
REUTERS/Lucas Jackson

Ticker: PYPL

Subsector: Data Processing & Outsized Services

No. of funds with stock as top 10 holding: 29

No. of funds with 10 to 200 positions owning stock: 48

% of equity cap owned by hedge funds: 10%

Return year-to-date: 9%

Source: Goldman Sachs


Baxalta

source
Thomson Reuters

Ticker: BXLT

Subsector: Biotechnology

No. of funds with stock as top 10 holding: 32

No. of funds with 10 to 200 positions owning stock: 54

% of equity cap owned by hedge funds: 22%

Return year-to-date: 10%

Source: Goldman Sachs


EMC

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EMC Corporation/Facebook

Ticker: EMC

Subsector: Technology Hardware Storage & Peripherals

No. of funds with stock as top 10 holding: 39

No. of funds with 10 to 200 positions owning stock: 53

% of equity cap owned by hedge funds: 18%

Return year-to-date: 9%

Source: Goldman Sachs


Charter Communications

source
Wikimedia Commons

Ticker: CHTR

Subsector: Cable & Satellite

No. of funds with stock as top 10 holding: 45

No. of funds with 10 to 200 positions owning stock: 64

% of equity cap owned by hedge funds: 39%

Return year-to-date: 11%

Source: Goldman Sachs


Microsoft

source
Microsoft

Ticker: MSFT

Subsector: Systems Software

No. of funds with stock as top 10 holding: 49

No. of funds with 10 to 200 positions owning stock: 88

% of equity cap owned by hedge funds: 3%

Return year-to-date: -6%

Source: Goldman Sachs


Yahoo

Ticker: YHOO

Subsector: Internet Software & Services

No. of funds with stock as top 10 holding: 52

No. of funds with 10 to 200 positions owning stock: 70

% of equity cap owned by hedge funds: 23%

Return year-to-date: 13%

Source: Goldman Sachs


Apple

source
Tomohiro Ohsumi / Getty

Ticker: AAPL

Subsector: Technology Hardware Storage & Peripherals

No. of funds with stock as top 10 holding: 53

No. of funds with 10 to 200 positions owning stock: 84

% of equity cap owned by hedge funds: 1%

Return year-to-date: -10%

Source: Goldman Sachs


Amazon

source
Rafi Letzter/Tech Insider

Ticker: AMZN

Subsector: Internet Retail

No. of funds with stock as top 10 holding: 58

No. of funds with 10 to 200 positions owning stock: 83

% of equity cap owned by hedge funds: 3%

Return year-to-date: 5%

Source: Goldman Sachs


Allergan

source
Thomson Reuters

Ticker: AGN

Subsector: Pharmaceuticals

No. of funds with stock as top 10 holding: 63

No. of funds with 10 to 200 positions owning stock: 113

% of equity cap owned by hedge funds: 17%

Return year-to-date: -28%

Source: Goldman Sachs


Alphabet

source
Thomson Reuters

Ticker: GOOGL

Subsector: Internet Software & Services

No. of funds with stock as top 10 holding: 64

No. of funds with 10 to 200 positions owning stock: 103

% of equity cap owned by hedge funds: 4%

Return year-to-date: -6%

Source: Goldman Sachs


Facebook

source
Thomson Reuters

Ticker: FB

Subsector: Internet Software & Services

No. of funds with stock as top 10 holding: 75

No. of funds with 10 to 200 positions owning stock: 113

% of equity cap owned by hedge funds: 4%

Return year-to-date: 13%

Source: Goldman Sachs


Now check out the stocks hedge funds don’t like:

source
Wikimedia Commons

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