Big money investors are dumping these 26 stocks

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A dump truck unloading gravel.
source
Flickr/Philip Brewer

Credit Suisse has updated its list of “Large Cap Fading Stars.”

In a note sent out to clients on Monday, the bank listed 26 stocks that saw a big drop in large cap fund ownership during the second quarter, and says these names could be a good place to look for contrarian trade ideas.

The thought process being that since big money fund managers all decided to get out of these stocks at the same time, there is likely some value.


Monsanto

source
Thomson Reuters

Ticker: MON

Industry: Materials

Stock Price: $102.54

Target Price: N/A

# Large Cap Funds: 75

Change Since Q1: -12

Source: Credit Suisse


Disney

source
Wikimedia

Ticker: DIS

Industry: Media

Stock Price: $91.12

Target Price: $128.00

# Large Cap Funds: 183

Change Since Q1: -12

Source: Credit Suisse


Valero Energy

source
Thomson Reuters

Ticker: VLO

Industry: Energy

Stock Price: $53.85

Target Price: $62.00

Large Cap Funds: 96

Change Since Q1: -13

Source: Credit Suisse


Juniper Networks

Ticker: JNPR

Industry: Tech hardware and equipment

Stock Price: $23.21

Target Price: $27.00

# Large Cap Funds: 38

Change Since Q1: -13

Source: Credit Suisse


Jones Lang Lasalle

source
Flickr/Phil Manker

Ticker: JLL

Industry: Real Estate

Stock Price: $102.14

Target Price: N/A

# Large Cap Funds: 14

Change Since Q1: -13

Source: Credit Suisse


Chipotle Mexican Grill

source
Hollis Johnson

Ticker: CMG

Industry: Consumer services

Stock Price: $409.81

Target Price: $500.00

# Large Cap Funds: 50

Change Since Q1: -13

Source: Credit Suisse


Tiffany & Co.

Ticker: TIF

Industry: Retailing

Stock Price: $72.82

Target Price: $60.00

# Large Cap Funds: 23

Change Since Q1: -14

Source: Credit Suisse


St. Jude Medical

Ticker: STJ

Industry: Healthcare equipment and services

Stock Price: $78.16

Target Price: N/A

# Large Cap Funds: 32

Change Since Q1: -14

Source: Credit Suisse


Kroger

source
Business Insider

Ticker: KR

Industry: Food and staples retailing

Stock Price: $31.13

Target Price: $29.00

# Large Cap Funds: 104

Change Since Q1: -14

Source: Credit Suisse


Skyworks Solutions

source
REUTERS/Toru Hanai

Ticker: SWKS

Industry: Semiconductors and semiconductors equipment

Stock Price: $77.41

Target Price: N/A

# Large Cap Funds: 38

Change Since Q1: -16

Source: Credit Suisse


Jabil Circuit

source
Jabil Circuit

Ticker: JBL

Industry: Tech hardware and equipment

Stock Price: $21.31

Target Price: N/A

# Large Cap Funds: 12

Change Since Q1: -16

Source: Credit Suisse


Boeing

source
Boeing

Ticker: BA

Industry: Transportation

Stock Price: $133.38

Target Price: $148.00

Large Cap Funds: 121

Change Since Q1: -16

Source: Credit Suisse


Alaska Air

Ticker: ALK

Industry: Transportation

Stock Price: $72.96

Target Price: $82.00

# Large Cap Funds: 45

Change Since Q1: -16

Source: Credit Suisse


Nike

source
Jesse Grant/Getty

Ticker: NKE

Industry: Retailing

Stock Price: $52.03

Target Price: $60.00

# Large Cap Funds: 140

Change Since Q1: -17

Source: Credit Suisse


JetBlue Airways

source
JetBlue

Ticker: JBLU

Industry: Transportation

Stock Price: $18.22

Target Price: $19.00

# Large Cap Funds: 22

Change Since Q1: -17

Source: Credit Suisse


Gilead Sciences

Ticker: GILD

Industry: Pharma, biotech, and life science

Stock Price: $73.06

Target Price: $95.00

# Large Cap Funds: 238

Change Since Q1: -17

Source: Credit Suisse


Macy’s

source
Wikimedia Commons

Ticker: M

Industry: Retailing

Stock Price: $36.80

Target Price: $40.00

# Large Cap Funds: 31

Change Since Q1: -18

Source: Credit Suisse


Foot Locker

source
Reuters

Ticker: FL

Industry: Retailing

Stock Price: $68.49

Target Price: $68.00

# Large Cap Funds: 43

Change Since Q1: -18

Source: Credit Suisse


American Airlines

Ticker: AAL

Industry: Transportation

Stock Price: $39.24

Target Price: $36.00

# Large Cap Funds: 38

Change Since Q1: -18

Source: Credit Suisse


Tesoro

source
REUTERS/Lucy Nicholson

Ticker: TSO

Industry: Energy

Stock Price: $81.76

Target Price: $100.00

# Large Cap Funds: 40

Change Since Q1: -20

Source: Credit Suisse


Marathon Petroleum

source
Ron Cogswell/flickr

Ticker: MPC

Industry: Energy

Stock Price: $41.56

Target Price: $50.00

# Large Cap Funds: 61

Change Since Q1: -20

Source: Credit Suisse


Oracle

source
Thomson Reuters

Ticker: ORCL

Industry: Software and services

Stock Price: $38.03

Target Price: N/A

# Large Cap Funds: 167

Change Since Q1: -21

Source: Credit Suisse


LinkedIn

source
Thomson Reuters

Ticker: LNKD

Industry: Software and services

Stock Price: $190.56

Target Price: $196.00

# Large Cap Funds: 26

Change Since Q1: -21

Source: Credit Suisse


L Brands

source
Getty Images/John Parra

Ticker: LB

Industry: Retailing

Stock Price: $72.70

Target Price: $76.00

# Large Cap Funds: 40

Change Since Q1: -21

Source: Credit Suisse


Perrigo

source
Thomson Reuters

Ticker: PRGO

Industry: Pharma, biotech, and life science

Stock Price: $87.90

Target Price: N/A

# Large Cap Funds: 19

Change Since Q1: -22

Source: Credit Suisse


AmerisourceBergen

source
AP/George Widman

Ticker: ABC

Industry: Healthcare equipment and services

Stock Price: $80.38

Target Price: $98.00

# Large Cap Funds: 43

Change Since Q1: -23

Source: Credit Suisse


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