UBS: Here are the 10 most crowded bets in the stock market right now

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People cool off at a swimming pool in Daying county, Sichuan Province, China
source
Reuters/China Daily

UBS released its monthly list of which stocks are the most crowded trades in the stock market right now.

As a stock’s price climbs higher, investors clamor to gain a piece of the action. But this mob mentality can be disastrous when the prices eventually turn negative once again.

The bank calculated which stocks were overcrowded by comparing institutional ownership data from FactSet and aggregate positions of global active managers against the relative equity benchmark to form what it calls the “active weight.”

This months list spans from new tech stars like Alibaba, to the usual suspects like Alphabet and Microsoft, and even to insurance.

Here’s UBS’ list of the most overcrowded stocks in the market as of August 21:


10. Medtronic

source
Markets Insider

Ticker: MDT

Investor Weight: 0.4%

Active Weight: 0.1%

WoW Change: Flat

Source: FactSet, MSCI, UBS Quantitative Research


9. Comcast Corp.

source
Markets Insider

Ticker: CMCSA

Investor Weight: 0.6%

Active Weight: 0.1%

WoW Change: Flat

Source: FactSet, MSCI, UBS Quantitative Research


8. Alphabet Inc. Class C

source
Markets Insider

Ticker: GOOG

Investor Weight: 0.8%

Active Weight: 0.1%

WoW Change: Flat

Source: FactSet, MSCI, UBS Quantitative Research


7. Priceline Group

source
Markets Insider

Ticker: PCLN

Investor Weight: 0.3%

Active Weight: 0.1%

WoW Change: Down

Source: FactSet, MSCI, UBS Quantitative Research


6. Visa Inc. Class A

source
Markets Insider

Ticker: V

Investor Weight: 0.6%

Active Weight: 0.2%

WoW Change: Up

Source: FactSet, MSCI, UBS Quantitative Research


5. Broadcom

source
Markets Insider

Ticker: AVGO

Investor Weight: 0.4%

Active Weight: 0.2%

WoW Change: Up

Source: FactSet, MSCI, UBS Quantitative Research


4. Microsoft

source
Markets Insider

Ticker: MSFT

Investor Weight: 1.5%

Active Weight: 0.2%

WoW Change: Up

Source: FactSet, MSCI, UBS Quantitative Research


3. UnitedHealth

source
Markets Insider

Ticker: UNH

Investor Weight: 0.6%

Active Weight: 0.2%

WoW Change: Down

Source: FactSet, MSCI, UBS Quantitative Research


2. Alibaba

source
Markets Insider

Ticker: BABA

Investor Weight: 0.7%

Active Weight: 0.2%

WoW Change: Up

Source: FactSet, MSCI, UBS Quantitative Research


1. Aflac

source
Markets Insider

Ticker: AFL

Investor Weight: 0.4%

Active Weight: 0.3%

WoW Change: Down

Source: FactSet, MSCI, UBS Quantitative Research


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