The 10 stocks most popular with hedge funds right now, according to Goldman Sachs

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The 10 stocks most popular with hedge funds right now, according to Goldman Sachs
Mutual funds and hedge funds are divided over bank stocks.Reuters / Richard Drew
  • The quarterly 13F filings with the SEC reveal exactly what hedge funds on Wall Street own.
  • Goldman Sachs has compiled the data and highlighted the most common themes across hedge funds.
  • Listed below are the top 10 most commonly held stocks by hedge funds, according to Goldman Sachs.
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Hedge funds on Wall Street manage trillions of dollars of assets, so it pays to pay attention to exactly what they are buying and selling — especially when their top holdings are beating the market.

Quarterly 13F filings made with the SEC reveal exactly what hedge funds on Wall Street own, and Goldman Sachs has compiled and tallied the data, highlighting the most common themes across 722 hedge funds that have $2.6 trillion of gross equity positions.

So far this year, hedge funds are having a great stretch of performance. Goldman's hedge fund "VIP" list, known as "very important positions", tracks the 50 stocks that matter most to hedge funds. These are the stocks that most frequently appear among the ten largest holdings of hedge funds.

The VIP hedge fund basket is up 8.7% year-to-date, outpacing the S&P 500's return of about 5.1% over the same time period.

"The Hedge Fund VIP basket has outperformed the S&P 500 year-to-date and has outperformed the S&P 500 in 59% of quarters since 2001. The basket has been a strong historical performer at the cost of high volatility," Goldman said in a note on Tuesday.

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These are the top ten most commonly held stocks by Wall Street hedge funds, according to Goldman Sachs.

10. Visa

The 10 stocks most popular with hedge funds right now, according to Goldman Sachs
VisaSOPA Images

Ticker: VISA
YTD Performance: 8%
Hedge funds with stock as top 10 holding: 23

9. Salesforce

The 10 stocks most popular with hedge funds right now, according to Goldman Sachs
Gary Hershorn / Getty Images

Ticker: CRM
YTD Performance: 11%
Hedge funds with stock as top 10 holding: 25

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8. Pioneer Natural Resources

The 10 stocks most popular with hedge funds right now, according to Goldman Sachs
Massive oil company mergers have coincided with a US production boom in 2023.wenbin/Getty Images

Ticker: PXD
YTD Performance: 3%
Hedge funds with stock as top 10 holding: 27

7. Apple

The 10 stocks most popular with hedge funds right now, according to Goldman Sachs
Tech enthusiasts went to their local Apple store this Friday to try out the Apple Vision Pro.Michael M. Santiago/Getty Images

Ticker: AAPL
YTD Performance: -4%
Hedge funds with stock as top 10 holding: 29

6. Uber Technologies

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The 10 stocks most popular with hedge funds right now, according to Goldman Sachs
Dara Khosrowshahi, Uber CEO.Spencer Platt

Ticker: UBER
YTD Performance: 32%
Hedge funds with stock as top 10 holding: 32

5. Nvidia

The 10 stocks most popular with hedge funds right now, according to Goldman Sachs
NvidiaNurPhoto / Getty

Ticker: NVDA
YTD Performance: 47%
Hedge funds with stock as top 10 holding: 51

4. Alphabet

The 10 stocks most popular with hedge funds right now, according to Goldman Sachs
Reuters

Ticker: GOOGL
YTD Performance: 2%
Hedge funds with stock as top 10 holding: 53

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3. Meta Platforms

The 10 stocks most popular with hedge funds right now, according to Goldman Sachs
MetaSOPA Images / Getty

Ticker: META
YTD Performance: 37%
Hedge funds with stock as top 10 holding: 87

2. Microsoft

The 10 stocks most popular with hedge funds right now, according to Goldman Sachs
Vuk Valcic/SOPA Images/LightRocket via Getty Images

Ticker: MSFT
YTD Performance: 8%
Hedge funds with stock as top 10 holding: 96

1. Amazon

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The 10 stocks most popular with hedge funds right now, according to Goldman Sachs
Sandy Huffaker/Reuters

Ticker: AMZN
YTD Performance: 12%
Hedge funds with stock as top 10 holding: 98

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