Here Are The 50 Stocks That Big Hedge Funds Love Most
These funds increased their exposure to stocks by 3.8% as the market extended its 5-year old bull run. FactSet's John Butters noted that the most popular stocks to buy were in the in the information technology sector, followed by consumer discretionary and energy sectors.
Shares of Shire PLC were the most bought in the third quarter, even as the biopharmaceutical company negotiated acquisition offers by Abbvie that eventually fell through.
The largest funds owned stocks with a combined market value worth $790 billion. Using FactSet's data, we've compiled a list of the 50 most widely held stocks and ranked them by the dollar value held by the funds.