10 Most Popular Stocks Among Hedge Funds – Q2 2013: Google Inc (GOOG), Apple Inc. (AAPL), Citigroup Inc (C) & More

There are a lot of people that think hedge fund filings are delayed and hedge funds can’t even beat the market. They say tracking hedge funds is useless.  Guess what? Our small-cap hedge fund strategy returned 55.6% over the last 11 months and beat the S&P 500 index by 33 percentage points. We know how to interpret these filings. Don’t let their ignorance stop you from achiving superior stock returns.

GREENLIGHT CAPITALAt Insider Monkey, we follow 525 of the hedge fund industry’s 8,000 plus managers, and many members of this top tier are guys you’ve heard of, like Warren Buffett and David Einhorn. Others, like T. Boone Pickens (energy) or Larry Robbins (healthcare), are experts in their respective niches.

With that being said, one of the most important ways to parse aggregate hedge fund data is to track the number of elite hedge funds invested in each U.S. listed stock. Think of this as a type of “consensus hedge fund sentiment,” where only the most accomplished fund managers have a vote.

Last quarter, Apple Inc. (NASDAQ:AAPL) was the No. 1 stock pick among hedge funds. In Q2 2013, things have changed a bit. Let’s take a look:

1. Google Inc (NASDAQ:GOOG): 157 hedge funds, a 9-fund increase from the first quarter.

2. American International Group Inc (NYSE:AIG): 137 hedge funds, a 9-fund decrease from Q1.

3. Apple Inc. (NASDAQ:AAPL): 122 hedge funds. This is a whopping 26-fund drop from the total number of “hedgies” invested at the end of Q1. George Soros still has a position in Apple, among other big names.

4. General Motors Company (NYSE:GM): 121 hedge funds, an increase of 11 funds from the first quarter. David Einhorn still has a massive position in the stock, and in his Q2 2013 shareholder letter, he mentioned that Greenlight Capital expects “a period of rapid earnings acceleration” to begin in the back-half of this year.

5. Citigroup Inc (NYSE:C): 119 hedge funds, an increase of 1 fund over the quarter.

6. JPMorgan Chase & Co (NYSE:JPM): 92 hedge funds, a slight drop of 2 funds.

7. Microsoft Corporation (NASDAQ:MSFT): 92 hedge funds, an increase of 3.

8. Visa Inc (NYSE:V): 90 hedge funds, up from 88 in Q1. Warren Buffett has a position here.

9. QUALCOMM, Inc. (NASDAQ:QCOM): 88 hedge funds, down from 96 in the previous quarter.

10. Hertz Global Holdings, Inc. (NYSE:HTZ): 83 hedge funds, a 15-fund increase from Q1.

Learn more about Insider Monkey’s market-beating newsletter here.

Disclosure: none

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

The 10 States with the Highest Nursing Shortages Leaving Their Hospitals Depleted

The 10 Best Value Investment Blogs that Every Investor Must Read

The 6 Cheapest Boarding Schools in Europe 2015

The 5 Most Expensive Cars To Insure in the World

The 10 Most Common Genetically Modified Foods

10 Self-Made Billionaires Who Came From Nothing

The 10 Most Expensive Cities to Live in North America

The 13 Most Expensive Headphones in the World to Represent

The Top 20 Wealthiest Soccer Teams in 2014

4 BuzzWorthy Cannabis Stocks And Some Smoking Derivative Plays

The 10 Healthiest Fast Food Chains in America to Dine At

The 5 Most Expensive Cat Food Brands You Can Spoil Your Kitty With

The 6 Best eCommerce Platforms for Small Businesses

The 10 Worst Mistakes an Entrepreneur Can Make

The 5 Most OP Characters in League of Legends to Carry Games and Crush Foes With

The 5 Best Foods to Eat Before Running that Will Help You Pound the Pavement

10 Glaring Plot Holes in The Walking Dead that a Zombie-Filled Bus Could Drive Through

The 5 Biggest Celebrity Stoners Who Love Their Reefer

The 10 Most Overrated Movies Of All Time by Out-of-Touch Critics

Top 6 Least Expensive Cruise Destinations For 2015 that Will Take You to Paradise

10 States with Lowest Substance Abuse Rates in America

The 14 Most Watched TV Finales Ever

The 10 Best Selling Role Playing Games of All Time for PC

10 Most Influential Papers In Economics

Top 8 Biggest Charities in the US

10 Worst Celebrity Career Moves Ever

Top 10 Best Paid Tennis Stars in the World

10 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

How to Make Money in ArcheAge and Build Your Empire

10 Foods To Eat To Lower Cholesterol Levels

The 10 Most Hated Television Characters of All Time

The 30 Worst Halloween Costume Ideas Ever Brought to Horrible Life

10 Vocational Skills in Demand Today with Jobs Waiting to be Filled

10 Best Places to Visit in Central and South America

The 10 Greatest Empires in History Which Nearly Conquered the World

The 6 Cheapest Boarding Schools In America 2015

5 Clear Reasons LoL is Better than DotA, Continues to Rule MOBAs

The Only 9 Teams with a Chance to Win the Super Bowl

The 15 Most Common Phobias in America that Induce Fits of Panic

Top 6 Least Expensive Tourist Destinations in 2014

Jim Goetz, Peter Fenton, Jim Breyer: Top 6 Venture Investors for 2014

Top 15 Billionaires in 2014

5 Pitfalls To Avoid When Buying a Franchise

Top 20 Medical Schools in the US – 2014 Rankings

4 Business Strategies that Turned Jamie Oliver into the World’s Richest Chef

6 Qualities That Make You A Good Team Player

10 High Paying Seasonal Jobs in America this Holiday Season

The 10 Busiest Shipping Lanes in the World

5 Most Valuable Brands in China

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!