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The 50 stocks that big hedge funds love most

The 50 stocks that big hedge funds love most
Stock Market1 min read

50. Halliburton

50. Halliburton

Sector: Energy

Market Value Held by Funds (in Millions): $2,603

Weight of stock in Top 50's aggregated portfolio: 0.3%

% of shares outstanding: 8.6%

Executive Comment: "Activity levels and pricing took another hit across the globe, as our customers respond to the impact of reduced commodity prices, and the pressure that their own shareholders are putting on them. Considering the difficult headwinds that were working against us, I'm actually very pleased with our overall financial results for the third quarter, especially for our Eastern Hemisphere operations," said CEO Dave Lesar.

Source: FactSet

49. Adobe Systems

49. Adobe Systems

Sector: Information Technology

Market Value Held by Funds (in Millions): $2,610

Weight of stock in Top 50 's aggregated portfolio: 0.3%

% of shares outstanding: 6.4%

Executive Comment: "Industry analysts continue to recognize our solutions as market leading in their categories. Last month Gartner named Adobe as a leader in two Magic Quadrant reports. Web content management where we were ranked highest in completeness of vision and mobile application development," said CEO Shantanu Narayan.

Source: FactSet

48. Time Warner Inc.

48. Time Warner Inc.

Sector: Consumer Discretionary

Market Value Held by Funds (in Millions): $2,659

Weight of stock in Top 50 's aggregated portfolio: 0.3%

% of shares outstanding: 4.7%

Executive Comment: "This continues our track record of delivering industry-leading performance while also positioning the company for a world where viewers consume an increasing amount of content on demand and on multiple platforms and devices. And that's a world in which brands need to thrive, both inside and outside the traditional TV ecosystem. We've been doing that by leveraging our strong brands, global scale and distinctive IP to produce content that resonates deeply with consumers and will become even more valuable on this environment," said CEO Jeff Bewkes.

Source: FactSet

47. Perrigo Co.

47. Perrigo Co.

Sector: Health Care

Market Value Held by Funds (in Millions): $2,678

Weight of stock in Top 50 's aggregated portfolio: 0.3%

% of shares outstanding: 11.6%

Executive Comment: "What we are doing is amplifying the profit and taxable profile of the business which allow us to accelerate profit growth in 2016 and beyond. For every dollar of revenue, we are going to achieve more profitability. Our continued organic and inorganic growth will drive even stronger profit accretion," said CEO Joseph Papa.

Source: FactSet

46. Endo International

46. Endo International

Sector: Health Care

Market Value Held by Funds (in Millions): $2,766

Weight of stock in Top 50 's aggregated portfolio: 0.3%

% of shares outstanding: 17.6%

Executive Comment: "At Endo, we aim to create value through our differentiated operating model. With our nimble decentralized structure and the rational allocation of capital, we believe we are better owners of assets. Ultimately, this model is enabling us to achieve sustainable growth through organic expansion, strategic M&A, and a de-risked R&D pipeline," said CEO Rajiv Silva.

Source: FactSet

45. Aetna

45. Aetna

Sector: Health Care

Market Value Held by Funds (in Millions): $2,874

Weight of stock in Top 50 's aggregated portfolio: 0.4%

% of shares outstanding: 7.5%

Executive Comment: "In summary, as we finish out the year and look toward 2016 and beyond, we are well positioned to crossing number of major growth opportunities, including Medicare, Medicaid and the public exchanges. We continue to work diligently on planning for the Humana integration and we are excited about the value that our combination will create for consumers and shareholders," said CEO Mark Bertolini.

Source: FactSet

44. Starwood Hotels & Resorts

44. Starwood Hotels & Resorts

Sector: Consumer Discretionary

Market Value Held by Funds (in Millions): $2,889

Weight of stock in Top 50 's aggregated portfolio: 0.4%

% of shares outstanding: 25.5%

Executive Comment: "We are excited to play a vital role in the creation of the biggest and best hotel company in the world with tremendous upside potential. The combination of our two companies brings together the best in innovation, culture and execution. Our guests and customers will benefit from so many more options across 30 hotel brands, while our hotel owners and franchisees will derive value from our combined global platform and efficiencies," said interim CEO Adam Aron on the company's proposed merger with Marriott.

Source: FactSet

43. Wells Fargo

43. Wells Fargo

Sector: Financials

Market Value Held by Funds (in Millions): $2,891

Weight of stock in Top 50 's aggregated portfolio: 0.4%

% of shares outstanding: 1.1%

"We remain focused on meeting the financial needs of our customers and are investing in businesses so we may continue to meet the evolving needs of our customers in the future. The strength of our franchise also positioned us well for the acquisitions we have recently announced," said CEO John Stumpf.

Source: FactSet

42. Delta Airlines

42. Delta Airlines

Sector: Industrials

Market Value Held by Funds (in Millions): $2,892

Weight of stock in Top 50 's aggregated portfolio: 0.4%

% of shares outstanding: 8.1%

Executive Comment: "Our work over the past decade has produced a strong and durable foundation. We have consistently hit our EPS and cash flow commitments over the years. We will leverage that foundation in order to consistently produce strong and dependable earnings and cash flows throughout the business cycle," said CEO Richard Andersen.

Source: FactSet

41. Gilead Sciences

41. Gilead Sciences

Sector: Health Care

Market Value Held by Funds (in Millions): $2,906

Weight of stock in Top 50 's aggregated portfolio: 0.4%

% of shares outstanding: 2.0%

Executive Comment: "As I commented last quarter, we saw an unusually large number of patient starts in the U.S. in the first quarter of this year, which reflected the rapid access to treatment for many warehouse patients. It is clear that the number of warehouse patients has now diminished. We anticipate that the rate at which new patients start treatment at the end of this year may be more indicative of the pace of new patient starts in 2016," said Executive Vice President of Commercial Operations Paul Carter.

Source: FactSet

40. Shire

40. Shire

Sector: Health Care

Market Value Held by Funds (in Millions): $2,943

Weight of stock in Top 50 's aggregated portfolio: 0.4%

% of shares outstanding: 7.3%

Executive Comment: "Our core business remains strong, driven by executing against our commercial priorities. And we have the financial flexibility to add to our business going forward. We are excited about our growth prospects," said CFO Jeffrey Poulton.

Source: FactSet

39. Humana

39. Humana

Sector: Health Care

Market Value Held by Funds (in Millions): $2,943

Weight of stock in Top 50 's aggregated portfolio: 0.4%

% of shares outstanding: 11.1%

Executive Comment: "In some, we believe the combination of a solid value proposition and a high quality ratings are critical to attracting new membership and retaining our existing membership base. Our projected 2015 net new membership gains of approximately 12% including a voluntary retention rate of approximately 90% are all helping to validate this belief," said CEO Bruce Broussard.

Source: FactSet

38. McDonald's

38. McDonald

Sector: Consumer Discretionary

Market Value Held by Funds (in Millions): $2,952

Weight of stock in Top 50 's aggregated portfolio: 0.4%

% of shares outstanding: 3.2%

Executive Comment: "Our turnaround is operationally led. It’s grounded in running great restaurants, which is the first step to enhancing the customer experience. People have more choices than ever about where to dine. We want to give them more reasons to dine in McDonald’s by recommitting to hot fresh food, cost friendly service, contemporary restaurant experience, all at the value of McDonald’s," said CEO Steve Easterbrook.

Source: FactSet

37. AbbVie

37. AbbVie

Sector: Health Care

Market Value Held by Funds (in Millions): $2,956

Weight of stock in Top 50 's aggregated portfolio: 0.4%

% of shares outstanding: 3.4%

Executive Comment: "our mission when we launched as an independent company was to create an innovation driven patient focused specialty biopharmaceutical company, capable of achieving sustainable top-tier performance through outstanding execution and a consistent stream of innovative medicines. Our actions, since our inception have clearly supported that mission," said CEO Richard Gonzalez.

Source: FactSet

36. CVR Energy

36. CVR Energy

Sector: Energy

Market Value Held by Funds (in Millions): $2,966

Weight of stock in Top 50 's aggregated portfolio: 0.4%

% of shares outstanding: 83.2%

Executive Comment: "Impacting CVR Partner's results for this year's third quarter was its previously scheduled 18 day major plan turnaround. The turnaround went well including the installation of new equipment that has resulted in ammonia production rates over the last several weeks that are highest in the facilities history. While the turnaround was completely within the anticipated timeframe and the plant running well," said CEO Jack Lipinski.

Source: FactSet

35. Google

35. Google

Sector: Information Technology

Market Value Held by Funds (in Millions): $3,004

Weight of stock in Top 50 's aggregated portfolio: 0.4%

% of shares outstanding: 1.4%

Executive Comment: "We turned in a strong performance in the third quarter, notwithstanding continued meaningful currency headwinds. The key highlight this quarter was the substantial growth of our mobile search revenue complemented by ongoing strong contributions from YouTube and our programmatic business," said CFO Ruth Porat.

Source: FactSet

34. Zoetis

34. Zoetis

Sector: Health Care

Market Value Held by Funds (in Millions): $3,073

Weight of stock in Top 50 's aggregated portfolio: 0.4%

% of shares outstanding: 15.0%

Executive Comment: "I am very pleased to report that this quarter we continued to deliver strong revenue and adjusted net income growth based on our diverse portfolio of high-quality products, excellence in execution and our continued discipline on cost and expenses. Despite some global economic challenges, the animal health industry remains resilient based on the strong fundamental drivers for improved protein production and healthier pets," said CEO Juan Alaix.

Source: FactSet

33. Precision Castparts

33. Precision Castparts

Sector: Industrials

Market Value Held by Funds (in Millions): $3,184

Weight of stock in Top 50 's aggregated portfolio: 0.4%

% of shares outstanding: 10.1%

Executive Comment: "I think the team is extremely focused on attacking all opportunities they have and that’s driving cost out, capitalizing on what they can do inside their factories and certainly positioning them to respond very well to very competitive pressures that are out there in the marketplace today," said CEO Mark Donegan.

Source: FactSet

32. PayPal

32. PayPal

Sector: Information Technology

Market Value Held by Funds (in Millions): $3,204

Weight of stock in Top 50's aggregated portfolio: 0.4%

% of shares outstanding: 8.5%

Executive Comment: "For more than a decade eBay and PayPal have mutually benefited from being part of one company, creating substantial shareholder value. However, a thorough strategic review with our board shows that keeping eBay and PayPal together beyond 2015 clearly becomes less advantageous to each business strategically and competitively. The industry landscape is changing, and each business faces different competitive opportunities and challenges," said former eBay CEO John Donahoe when announcing PayPal's spinoff in 2014.

Source: FactSet

31. Teva Pharmaceuticals

31. Teva Pharmaceuticals

Sector: Health Care

Market Value Held by Funds (in Millions): $3,244

Weight of stock in Top 50's aggregated portfolio: 0.4%

% of shares outstanding: 6.0%

Executive Comment: "And to put it another way, what we are generating here is a diversified growth platform with balanced portfolio of durable products that offer very attractive, very attractive growth prospects, bottom line and top line, or top line and bottom line. And we believe that over time it offers also the opportunity to increase, re-rate, the multiple of Teva," said CEO Erez Vigodman.

Source: FactSet

30. Nike

30. Nike

Sector: Consumer Discretionary

Market Value Held by Funds (in Millions): $3,355

Weight of stock in Top 50's aggregated portfolio: 0.4%

% of shares outstanding: 4.0%

Executive Comment: "Ultimately, NIKE continues to succeed because of the deep relationships we have with the athletes and the consumer. Relationships we know we must earn every day. And we have a thoughtful long-term growth plan which we continue to execute at the highest level. We invest in our biggest opportunities and we have built a diversified portfolio to give us the flexibility to pull the right levers at the right time to maximize growth," said CEO Mark Parker.

Source: FactSet

29. Amgen

29. Amgen

Sector: Health Care

Market Value Held by Funds (in Millions): $3,402

Weight of stock in Top 50's aggregated portfolio: 0.4%

% of shares outstanding: 3.2%

Executive Comment: "Our strategy for long-term growth starts with innovation. We set, as an objective that we would launch six new products this year, and with the approval this week of IMLYGIC, a drug for melanoma, we’re now delivering on the promise of those six opportunities. And of course, we believe that two of these new products, Repatha, for cardiovascular disease and Kyprolis, for multiple myeloma represent particularly significant opportunities for patients and shareholders," said CEO Bob Bradway.

Source: FactSet

28. PepsiCo

28. PepsiCo

Sector: Consumer Staples

Market Value Held by Funds (in Millions): $3,432

Weight of stock in Top 50's aggregated portfolio: 0.4%

% of shares outstanding: 1.4%

Executive Comment: "And we are proud to report that during the third quarter, PepsiCo was the largest contributor to US retail sales growth among all food and beverage manufacturers with over $400 million of retail sales growth in all major channels. This was double the next largest contributor to growth. Notably, North American beverages was the key driver of US retail sales growth within PepsiCo and the largest contributor to US retail sales growth on a standalone basis," said CEO Indra Nooyi.

Source: FactSet

27. General Electric

27. General Electric

Sector: Industrials

Market Value Held by Funds (in Millions): $3,465

Weight of stock in Top 50's aggregated portfolio: 0.4%

% of shares outstanding: 1.4%

Executive Comment: "The U.S. is still okay and Europe is appreciably better. Meanwhile, growth markets are facing some headwinds in resource pricing and currency. Nonetheless, we’re positioned to win some big fourth quarter deals in these markets in locomotives and power, aviation, and power conversion, which should support our growth objectives; and service provides a great buffer in times of uncertainty," said CEO Jeff Immelt.

Source: FactSet

26. Qualcomm

26. Qualcomm

Sector: Information Technology

Market Value Held by Funds (in Millions): $3,475

Weight of stock in Top 50's aggregated portfolio: 0.4%

% of shares outstanding: 4.1%

Executive Comment: "We faced a number of challenges in fiscal 2015, and we've taken aggressive actions to address these challenges and drive meaningful change to improve performance. At the same time, we are continuing to drive innovation and growth through investments in our core businesses and emerging growth areas," said CEO Steven Mollenkopf.

Source: FactSet

25. Netflix

25. Netflix

Sector: Consumer Discretionary

Market Value Held by Funds (in Millions): $3,475

Weight of stock in Top 50's aggregated portfolio: 0.4%

% of shares outstanding: 7.9%

Executive Comment: "It's fundamentally that internet TV is better than linear TV. The consumers can watch when they want, on what type of device they want, and the content has just got better and better. So the fundamental confidence about the large scale is because on-demand is a better experience than linear, and the entire market is going to move from linear to on-demand internet television over the next 10 to 20 years," said CEO Redd Hastings.

Source: FactSet

24. Priceline

24. Priceline

Sector: Consumer Discretionary

Market Value Held by Funds (in Millions): $3,523

Weight of stock in Top 50's aggregated portfolio: 0.4%

% of shares outstanding: 5.6%

Executive Comment: "Booking.com has established clear global leadership in the online accommodations market, and we plan to continue to profitably invest to improve and extend our services and bring more consumers to our sites. Mobile execution remains a bright spot across our Group and we steadfastly adhere to our formula for earning our customers' loyalty through delivering best-in-class consumer experiences end-to-end and across devices," said CEO Darren Huston.

Source: FactSet

23. Yum! Brands

23. Yum! Brands

Sector: Consumer Discretionary

Market Value Held by Funds (in Millions): $3,525

Weight of stock in Top 50's aggregated portfolio: 0.4%

% of shares outstanding: 10.2%

Executive Comment: "While there is clearly a macro softening going on including headwinds from unexpected foreign exchange pressures and yes, the online ordering aggregators who are delivering for mom and pops are in a death battle for supremacy with heavy discounting and the malls look more like fancy food courts than shopping centers, the simple facts are that the economy there is still growing and there is every reason and no excuses to why we should not perform better," said CEO Greg Creed.

Source: FactSet

22. Canadian Pacific Railway

22. Canadian Pacific Railway

Sector: Industrials

Market Value Held by Funds (in Millions): $3,563

Weight of stock in Top 50's aggregated portfolio: 0.4%

% of shares outstanding: 15.4%

Executive Comment: "I guess one was the pretty outstanding performance in less than a robust economy to achieve operating ratio again of breaking through 60%," said CEO Hunter Harrison.

Source: FactSet

21. Visa

21. Visa

Sector: Information Technology

Market Value Held by Funds (in Millions): $3,700

Weight of stock in Top 50's aggregated portfolio: 0.5%

% of shares outstanding: 2.7%

Executive Comment: "We're pleased to report another strong quarter and full fiscal year results with solid revenue and earnings growth. Our high growth in a tepid global environment demonstrates yet again the fundamental resilience of our business model. Results were generally in line with our expectations going into the quarter with a few call-outs," said CFO Vasant Prabhu.

Source: FactSet

20. Mastercard

20. Mastercard

Sector: Information Technology

Market Value Held by Funds (in Millions): $3,721

Weight of stock in Top 50's aggregated portfolio: 0.5%

% of shares outstanding: 3.7%

Executive Comment: "And it's been challenged in recent months, and while the U.S. recovery remains among the most solid – job gains have steadily lowered the unemployment rate to just over 5% – but job and wage growth are starting to slow. Consumer confidence is only moderately up, and as you know, given yesterday's announcement, uncertainty about rising interest rates remain," said CEO Ajay Banga.

Source: Factset

19. Charter Communications

19. Charter Communications

Sector: Consumer Discretionary

Market Value Held by Funds (in Millions): $3,949

Weight of stock in Top 50's aggregated portfolio: 0.5%

% of shares outstanding: 20.0%

Exeuctive Comment: "Our core strategy to deliver superior products at highly competitive prices combined with outstanding service continues to drive Charter's firm operating and financial momentum. That momentum continues to improve as we use our high-capacity infrastructure to grow each of our product lines. Looking forward, we intend to apply that same customer focus operating strategy on Time Warner Cable and Bright House assets as soon as we close our transactions," said CEO Thomas Rutledge.

Source: FactSet

18. JD.com

18. JD.com

Sector: Consumer Discretionary

Market Value Held by Funds (in Millions): $3,977

Weight of stock in Top 50's aggregated portfolio: 0.5%

% of shares outstanding: 13.4%

Executive Comment: "JD.com has always been the leader in bringing Chinese consumers the best brand with the highest most convenient and viably shopping experience. And with our world-class network logistic coverage, I wanted to say that over the last two months nearly 90% of JD.com direct sales orders were delivered on the same path next day," said CEO Richard Liu.

Source: FactSet

17. Facebook

17. Facebook

Sector: Information Technology

Market Value Held by Funds (in Millions): $4,083

Weight of stock in Top 50's aggregated portfolio: 0.5%

% of shares outstanding: 2.0%

Executive Comment: "But we want to serve the entire global community, not just the people who are on Facebook today. Connecting everyone is one of the fundamental challenges of our time and to achieve this, we need to continue innovating faster and investing for the long-term. That means continuing to invest in our core products and services as well as technologies and strategies that allow us to achieve a truly global reach over time," said CEO Mark Zuckerberg.

Source: FactSet

16. Broadcom Corporation

16. Broadcom Corporation

Sector: Materials

Market Value Held by Funds (in Millions): $4,137

Weight of stock in Top 50's aggregated portfolio: 0.5%

% of shares outstanding: 14.3%

Executive Comment: "We saw year-on-year profitable growth in both of our reportable segments in the March quarter as broadband and connectivity and infrastructure and networking delivered operating profit ahead of revenue growth. These results reflect our business objective to deliver top-line growth along with operating margin leverage," said CEO Scott McGregor.

Source: FactSet

15. Williams Companies

15. Williams Companies

Sector: Energy

Market Value Held by Funds (in Millions): $4,170

Weight of stock in Top 50's aggregated portfolio: 0.5%

% of shares outstanding: 15.1%

Executive Comment: "Importantly, despite the fundamental pressures on our industry from dramatically lower commodity prices, we've continued with very substantial growth in our adjusted EBITDA and DCF, so really, really showing the strength as we continue to see prices erode and some really dramatically low NGL prices in the quarter, but our strategy of continuing to invest in these big fee-based projects is really starting to overwhelm those lower prices," said CEO Alan Armstrong.

Source: FactSet

14. Mondelez International

14. Mondelez International

Sector: Consumer Staples

Market Value Held by Funds (in Millions): $4,553

Weight of stock in Top 50's aggregated portfolio: 0.6%

% of shares outstanding: 6.7%

Executive Comment: "The third quarter macroenvironment remained challenging. But we continued to drive top-tier margin expansion while delivering solid organic revenue growth. Specifically, organic revenue grew 3.7%, led by our pricing actions to recover commodity- and currency-driven input costs, primarily in high-inflation markets," said Irene Rosenfeld.

Source: FactSet

13. Dow Chemical Company

13. Dow Chemical Company

Sector: Materials

Market Value Held by Funds (in Millions): $4,556

Weight of stock in Top 50's aggregated portfolio: 0.6%

% of shares outstanding: 9.3%

Executive Comment: "And today's announcements outline for you the next 24 to 36 months of actions that would drive continued results and demonstrate our commitment to being exceptional stewards of the opportunities in hands, but combining exceptional capital utilization with our drive to return cash to Dow's owners across the intermediate, mid and long-term horizons," said CFO Andrew Liveris.

Source: FactSet

12. Cheniere Energy

12. Cheniere Energy

Sector: Energy

Market Value Held by Funds (in Millions): $4,730

Weight of stock in Top 50's aggregated portfolio: 0.6%

% of shares outstanding: 41.4%

Executive Comment: "We look forward to working with our new board members and will continue to focus on creating value for our shareholders." said CEO Charif Souki in a press release announcing Carl Icahn's addition to the board of directors.

Source: FactSet

11. Alphabet

11. Alphabet

Sector: Information Technology

Market Value Held by Funds (in Millions): $5,415

Weight of stock in Top 50's aggregated portfolio: 0.7%

% of shares outstanding: 2.9%

Executive Comment: "Specifically, we intend to disclose for both Google and Other Bets revenues profitability and CapEx. By doing this we expect that you will be better able to understand how we manage the businesses, including the pace and allocation of our investments. As Larry said in his CEO letter announcing Alphabet, we are focused on rigorously managing capital allocation and working denature each business is executing well," said CFO Ruth Porat.

Source: Factset

10. Air Products and Chemicals

10. Air Products and Chemicals

Sector: Materials

Market Value Held by Funds (in Millions): $5,911

Weight of stock in Top 50's aggregated portfolio: 0.7%

% of shares outstanding: 21.6%

Executive Comment: "I am now convinced more than ever that Air Products has a great future ahead of it. We do have an outstanding team of talented, dedicated and motivated people who are driving change, and we are blessed with having the great portfolio of businesses around the world with more than 700,000 outstanding customers to serve," said Seifollah Ghasemi.

Source: FactSet

9. Comcast

9. Comcast

Sector: Consumer Discretionary

Market Value Held by Funds (in Millions): $6,303

Weight of stock in Top 50's aggregated portfolio: 0.8%

% of shares outstanding: 5.2%

Executive Comment: "Encouragingly, as we get further into our base, the magnitude of favorable impacts on churn additional outlets VOD viewing and DVR uptake remain at a high level. In addition, there’s a deep list of initiatives that are adding to our value proposition for our customers. Last quarter, we talked about launching a voice remote. To-date, we’ve already deployed nearly 1.5 million of them, and we’re confident that we have unrivaled content rights, which makes it much more important for us to facilitate the discovery of that content," said CEO Brian Roberts.

Source: Factset

8. Walgreens Boots Alliance

8. Walgreens Boots Alliance

Sector: Consumer Staples

Market Value Held by Funds (in Millions): $6,317

Weight of stock in Top 50's aggregated portfolio: 0.8%

% of shares outstanding: 7.0%

Executive Comment: "With this acquisition [of Rite Aid], we are accelerating a long-term objective that we knew we needed to address to strengthen our presence and coverage nationally across the U.S. I have to say that we have reached an agreement with Rite Aid that reflect what we believe to be very fair terms, which will allow us to unlock real value from the transaction," said CEO Stefano Pessina.

Source: FactSet

7. Icahn Enterprises

7. Icahn Enterprises

Sector: Industrials

Market Value Held by Funds (in Millions): $7,677

Weight of stock in Top 50's aggregated portfolio: 0.9%

% of shares outstanding: 90.5%

Executive Comment: "we continue to focus on building asset value and maintaining ample liquidity to enable us to capitalize on opportunities within and outside of our existing operating segments," said CFO SungHwan Cho.

Source: FactSet

6. Amazon

6. Amazon

Sector: Consumer Discretionary

Market Value Held by Funds (in Millions): $8,291

Weight of stock in Top 50's aggregated portfolio: 1.0%

% of shares outstanding: 3.5%

Executive Comment: "We remain heads down, focused on driving a better customer experience through price, selection and convenience. We believe putting customers first is the only reliable way to create lasting value for shareholders," said CFO Brian Olsavsky.

Source: FactSet

5. Microsoft

5. Microsoft

Sector: Information Technology

Market Value Held by Funds (in Millions): $8,523

Weight of stock in Top 50's aggregated portfolio: 1.0%

% of shares outstanding: 2.4%

Executive Comment: "We are increasing users and engagement in services that cross every aspect of a person's life, from Office at work to Xbox at home, while at the same time we are positioning Windows for growth. Our transformation is well underway. Quarter after quarter we build new capability, we enter new markets, scale our new businesses and new business models and we are being disciplined in our execution," said CEO Satya Nadella.

Source: Factset

4. Apple

4. Apple

Sector: Information Technology

Market Value Held by Funds (in Millions): $10,106

Weight of stock in Top 50's aggregated portfolio: 1.2%

% of shares outstanding: 1.6%

Executive Comment: "These results are made possible by Apple’s commitment to innovation and creating the best products on earth. In the past 12 months around the world we’ve sold over 300 million devices including 231 million iPhones, 55 million iPads and 21 million Macs setting new unit records and increasing our global market share for both iPhone and Mac," said CEO Tim Cook.

Source: FactSet

3. Valeant Pharmaceuticals

3. Valeant Pharmaceuticals

Sector: Health Care

Market Value Held by Funds (in Millions): $10,736

Weight of stock in Top 50's aggregated portfolio: 1.3%

% of shares outstanding: 17.6%

Executive Comment: ""Valeant is a company that has grown very fast ... One of the issues with rapid growth is that you don't always pay attention to what the outside world is saying," said CEO Michael Pearson during a recent conference call, responding to allegations regarding the company's business model and associated pharmacies.

Source: FactSet

2. Time Warner Cable

2. Time Warner Cable

Sector: Consumer Discretionary

Market Value Held by Funds (in Millions): $11,472

Weight of stock in Top 50's aggregated portfolio: 1.4%

% of shares outstanding: 22.6%

Executive Comment: "Q3 was just the latest in a seven quarter string of improving performance. Subscriber growth was simply fantastic. Revenue growth accelerated and we continued to make significant investments in our network, equipment, products, and customer service. I'm particularly proud of what we've been able to accomplish amid a prolonged period of merger-related activity," said CEO Robert Marcus.

Source: FactSet

1. Allergan

1. Allergan

Sector: Health Care

Market Value Held by Funds (in Millions): $11,553

Weight of stock in Top 50's aggregated portfolio: 1.4%

% of shares outstanding: 10.8%

Executive Comment: "First, operational excellence is yielding exceptional financial performance and strong results in continuing operations, key products and key geographies. Second, therapeutic area leadership is leading to double-digit growth among many of our franchises. Third, our productive and innovative R&D engine continues to produce," said CEO Brenton Saunders.

Source: FactSet

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