Index Investing News
Saturday, May 24, 2025
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

$5 trillion fund favorites: 12 stocks mutual and hedge funds love

by Index Investing News
December 4, 2022
in Markets
Reading Time: 3 mins read
A A
0
Home Markets
Share on FacebookShare on Twitter


Alistair Berg

Hedge funds and mutual funds are exposed to stocks that will outperform if U.S. inflation and rates fall next year, according to Goldman Sachs’ equity team.

Goldman analyzed 786 hedge funds with $2.3T of gross equity positions and 548 mutual funds with $2.5T of AUM at the start of 4Q 2022.

“Hedge funds and mutual funds are overweight cyclical sectors such as Industrials (XLI), Materials (XLB), and Energy (XLE),” strategist David Kostin wrote in a note. “Both hedge funds and mutual funds are underweight the defensive Utilities (XLU) and Consumer Staples (XLP) sectors. However, both fund types are also overweight Health Care (XLV), which we also recommend as an overweight position.”

“Info Tech (XLK) is the largest underweight exposure for both investor types, although they both increased exposure to the sector during 3Q,” Kostin said. “Financials (XLF) represents one sector where hedge funds and mutual funds hold different exposures: Mutual funds are overweight while hedge funds are underweight.”

“Another area where hedge funds and mutual funds disagree is Big Tech,” he added.

Microsoft (MSFT), at No. 1, Amazon (AMZN), No. 2, Alphabet (GOOG) (GOOGL) in third and Apple (AAPL), No. 7, are among the top 10 most important positions among hedge funds, Kostin said. But mutual funds are nearly 5 percentage points underweight the group.

In Goldman’s assessment, there are 12 favorites among hedge funds and mutual funds.

“We define shared favorites as stocks that screen into both our Hedge Fund VIP and Mutual Fund Overweight baskets,” Kostin said.

“The median shared favorite trades at a 34% NTM P/E premium to the median S&P 500 (SP500) (SPY) stock (23x vs. 17x), above the long-term average of 18%. Consensus expects 15% profit growth for the median shared favorite in 2023, compared to 7% for the median S&P 500 stock.”

The desired dozen:

  1. Constellation Energy (NASDAQ:CEG)
  2. Danaher (NYSE:DHR)
  3. Fiserv (FISV)
  4. Humana (HUM)
  5. Mastercard (NYSE:MA)
  6. ServiceNow (NOW)
  7. Schwab (SCHW)
  8. Uber (UBER)
  9. UnitedHealth (UNH)
  10. Visa (V)
  11. Workday (WDAY)
  12. Wells Fargo (WFC)

On the other end there are 23 stocks – mostly big names – that hedge funds are shorting and mutual funds are underweight, according to the Goldman analysis.

The unloved:

  1. AbbVie (ABBV)
  2. Chevron (CVX)
  3. IBM (IBM)
  4. Coca-Cola (KO)
  5. Realty Income (O)
  6. AT&T (T)
  7. AMD (AMD)
  8. Disney (DIS)
  9. Intel (INTC)
  10. McDonald’s (MCD)
  11. PepsiCo (PEP)
  12. Walmart (WMT)
  13. Broadcom (AVGO)
  14. Ford (F)
  15. J&J (JNJ)
  16. 3M (MMM)
  17. Pfizer (PFE)
  18. Exxon Mobil (XOM)
  19. Costco (COST)
  20. Home Depot (HD)
  21. JPMorgan Chase (JPM)
  22. Moderna (MRNA)
  23. Procter & Gamble (PG)

See the biggest stock market catalysts for the week ahead.



Source link

Tags: FavoritesfundFundsHedgeLovemutualStockstrillion
ShareTweetShareShare
Previous Post

Bahamas public announcement regarding FTX from Bahamas General Attorney turns into a circle jerk | by Daniel Jensen | The Capital | Dec, 2022

Next Post

Fighting conflict-related sexual violence in Ukraine — Global Issues

Related Posts

Costco (COST) all set to report Q3 2025 earnings. Right here’s what to anticipate

Costco (COST) all set to report Q3 2025 earnings. Right here’s what to anticipate

by Index Investing News
May 23, 2025
0

Costco Wholesale Company (NASDAQ: COST) has delivered a formidable efficiency within the first half of FY25, aided by robust membership...

Goal Company (TGT): A take a look at how the retailer is navigating a troublesome atmosphere

Goal Company (TGT): A take a look at how the retailer is navigating a troublesome atmosphere

by Index Investing News
May 24, 2025
0

Shares of Goal Company (NYSE: TGT) stayed pink on Friday. The inventory has dropped 23% over the previous three months....

The Massive Lovely Bitcoin Breakout

The Massive Lovely Bitcoin Breakout

by Index Investing News
May 23, 2025
0

Bitcoin (BTC) broke $111,000 yesterday, an all-time excessive. Supply: coingecko.com And since everybody is aware of I’m a crypto bull,...

Goolsbee says Fed has to attend longer earlier than transferring charges as a result of commerce coverage uncertainty

Goolsbee says Fed has to attend longer earlier than transferring charges as a result of commerce coverage uncertainty

by Index Investing News
May 24, 2025
0

Chicago Federal Reserve President Austan Goolsbee stated Friday that President Donald Trump's newest tariff threats have difficult coverage and certain...

Nuclear shares rally on report Trump to signal orders to assist business

Nuclear shares rally on report Trump to signal orders to assist business

by Index Investing News
May 23, 2025
0

Cooling towers are seen on the nuclear-powered Vogtle Electrical Producing Plant in Waynesboro, Georgia, on Aug. 13, 2024.Megan Varner |...

Next Post
Fighting conflict-related sexual violence in Ukraine — Global Issues

Fighting conflict-related sexual violence in Ukraine — Global Issues

Spike Lee lands in Saudi Arabia’s Red Sea International Film Festival – Deadline

Spike Lee lands in Saudi Arabia’s Red Sea International Film Festival – Deadline

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Gunmen kill 23 passengers taken from automobiles in an assault in southwest Pakistan

Gunmen kill 23 passengers taken from automobiles in an assault in southwest Pakistan

August 26, 2024
SolRockers Battle of the Bands Subsequent-Gen PVE/PVP Rhythm Recreation | by The Capital | The Capital | Apr, 2022

SolRockers Battle of the Bands Subsequent-Gen PVE/PVP Rhythm Recreation | by The Capital | The Capital | Apr, 2022

April 26, 2022
The EV Explosion In America Might No Longer Push Sonic’s Inventory Value (NYSE:SAH)

The EV Explosion In America Might No Longer Push Sonic’s Inventory Value (NYSE:SAH)

February 25, 2025
IT head of India’s ruling party says he will sue news portal | Business and Economy News

IT head of India’s ruling party says he will sue news portal | Business and Economy News

October 27, 2022
Wiz turns down Google’s b acquisition supply

Wiz turns down Google’s $23b acquisition supply

July 23, 2024
Drew Barrymore Sobs Reuniting with Ex Justin Long

Drew Barrymore Sobs Reuniting with Ex Justin Long

September 12, 2022
Is It Potential We Have Too Many New Houses for Sale?

Is It Potential We Have Too Many New Houses for Sale?

March 29, 2022
Pelosi urges FBI probe of Gaza ceasefire protests in US, suggests Russia links By Reuters

Pelosi urges FBI probe of Gaza ceasefire protests in US, suggests Russia links By Reuters

January 28, 2024
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In