10 Most Popular Stocks Among Hedge Funds

4. American Airlines Group Inc (NASDAQ:AAL) wasn’t as popular as Actavis but still very popular for a $38 billion market cap company. James Dinan, David Tepper, Dan Loeb, and George Soros are fans of the stock. There were a total of 123 hedge funds with American Airlines positions at the end of the fourth quarter.

american airlines

5. Google Inc (NASDAQ:GOOGL) tumbles from second to fifth on our list, with hedge fund ownership dropping to 16.3% from 20.2%. Despite adding more than 50 hedge funds to our database last quarter, there are 17 less funds in Google than there were at the end of the third quarter, 120 compared to 137. So though it remains a popular pick, it is also one of the stocks our funds were the most bearish on last quarter. Lee Ainslie, David Tepper and Al Gore are a few of the notable investors that are still betting on this stock.

6. Facebook Inc (NASDAQ:FB) moves all the way into sixth position, after missing out on the top ten the previous quarter. Ownership has been increased to 16% from 15.3% among our funds. Stephen Mandel boosted his stake by 56% during the quarter, while billionaires John Griffin and Stan Druckenmiller initiated brand new positions in the stock as well. However, David Tepper and Andreas Halvorsen did close large positions in Facebook during the fourth quarter.

7. American International Group Inc (NYSE:AIG) falls from fourth to seventh, losing over 2% support from our funds in the past quarter, as it fell to 15.7% from 18%. Bruce Berkowitz‘s Fairholme Capital has been particularly bullish on this stock since the filing period, adding over 24 million shares in 2015, a nearly 50% increase in his position (which he lowered during the fourth quarter). The stock continued to be a top pick of Richard Perry, Larry Robbins, and David Abrams, while Barry Rosenstein sold 5.17 million shares, nearly half of his position.