CREDIT SUISSE: 18 stocks that hedge funds think are 'fading stars'

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Hedge funds like to make money and can be quick to leave companies that aren't performing well.

Credit Suisse compiled a list of stocks that hedge funds are giving up on, which it calls "fading stars." The following list, released in a note to investors, points out the stocks with the biggest declines in the number of large cap hedge funds holding their shares in Q4 2016.

Only four of the companies has posted a declining share price so far this year. But if a large number of hedge funds are announcing skepticism by selling their shares, their futures may not be as bright. For these companies, this could be an indication of poor future returns.

Hedge funds are certainly not perfect at seeing the future, and their movements should be taken with a grain of salt. For those looking to lighten their portfolio, however, these stocks might represent a good place to start.

Each of the following shares is listed with its sector, year-to-date stock price change, the number of large-cap funds still holding shares, and the number of funds that dropped their ownership in the fourth quarter of 2016.