Most Popular Utilities Sector Stocks Among Hedge Funds ~ Williams Companies Inc (WMB), Verizon Communications Inc. (VZ), Equinix Inc (EQIX)

Hedge funds with Equinix Inc (NASDAQ:EQIX) in their portfolios increased to 50, with a total investment of  $4.16 billion, up from 43, though invested capital declined from $4.34 billion at the end of the fourth quarter. The $15.26 billion networking company has appreciated by 18.2% year-to-date. Both Stifel and Gabelli & Co recently downgraded Equinix Inc (NASDAQ:EQIX) to ‘Hold’ from ‘Buy’. The expansion in the company’s top line (13% year-over-year) has failed to trickle down to the bottom line according to the latest financial results. Net losses for the quarter amounted to $355.10 million as compared to net income of $45.19 million in the same quarter a year ago. John H. Scully’s SPO Advisory Corp holds 5.59 million shares of Equinix Inc (NASDAQ:EQIX) valued at $1.30 billion.

T-Mobile US Inc (NYSE:TMUS) posted the highest gains of 36.15% among the top picks in the utilities sector. A total of 50 hedge funds had invested $2.59 billion in the company at the end of March as compared to 51 firms with $2.21 billion at the end of 2014. After the failure to sell T-Mobile US Inc (NYSE:TMUS) to Sprint last year, Deutsche Telkom again expressed the desire to look for a buyer that could help improve T-Mobile US Inc (NYSE:TMUS)’s profitability. John Paulson’s Paulson & Co increased its stake in the company by 56% in the first quarter to 23.4 million shares valued at $755.65 million.

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