CREDIT SUISSE: Here are 11 'darlings' of the US stock market
REUTERS/Rupak De Chowdhuri
Commuters stand at an open doorway of a suburban train during the morning rush hour in Kolkata, India, July 31, 2015.
A Credit Suisse team led by Lori Calvasina looked at "long only, actively managed" small, mid, and large cap funds to find the answer.
Microsoft was the most crowded US stock with 380 large cap funds holding long positions. Apple and Google followed close behind with the interest of 374 and 358 funds respectively.
The team claims its ranking, as it incorporates holdings of both retail and institutional funds, is more robust than other studies.
It advised against owning too many crowded stocks for reasons including the ongoing outflow of funds from active to passive management.
We present the 11 most popular US stocks among large cap funds below.
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