UBS: Here are the 10 most crowded US stocks

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Traders and guests celebrate during the IPO ceremony for web hosting company GoDaddy on the floor of the New York Stock Exchange April 1, 2015.
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REUTERS/Brendan McDermid

If you are a fan of stock picks by active fund managers, you should be buying Amazon while selling Apple.

Amazon and Apple are the most overweight and underweight stocks among fund managers globally, according to UBS’ study of funds’ active positions.

The ranking was based on institutional investment in individual stocks. The total dollar holdings in a stock was compared to the size of the overall fund portfolio to calculate the stock’s “investor weight.” This was later compared with “the relevant equity index benchmark to form the active weight.”

UnitedHealth was the most popular stock among active managers in the US, while Apple was the most unpopular. Exxon and AT&T were other stocks that were out of favor among US money managers.

The most overweight stocks among US active fund managers are listed below.


1. UnitedHealth

source
Thomson Reuters

Ticker: UNH

Investor weight: 1%

Active weight: 0.3%

Source: UBS


2. Amazon

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Mike Segar/Reuters

Ticker: AMZN

Investor weight: 1.8%

Active weight: 0.3%

Source: UBS


3. Visa

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Justin Sullivan/Getty Images

Ticker: V

Investor weight: 1%

Active weight: 0.2%

Source: UBS


4. Broadcom

source
Thomson Reuters

Ticker: AVGO

Investor weight: 0.6%

Active weight: 0.2%

Source: UBS


5. Medtronic

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REUTERS/Kham

Ticker: MDT

Investor weight: 0.7%

Active weight: 0.2%

Source: UBS


6. Comcast

source
Thomson Reuters

Ticker: CMCSA

Investor weight: 1%

Active weight: 0.2%

Source: UBS


7. Texas Instruments

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Courtesy of Texas Instruments

Ticker: TXN

Investor weight: 0.5%

Active weight: 0.2%

Source: UBS


8. Amgen

source
Thomson Reuters

Ticker: AMGN

Investor weight: 0.7%

Active weight: 0.2%

Source: UBS


9. Microsoft

source
Thomson Reuters

Ticker: MSFT

Investor weight: 2.5%

Active weight: 0.2%

Source: UBS


10. Priceline

source
Priceline

Ticker: PCLN

Investor weight: 0.5%

Active weight: 0.2%

Source: UBS


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