Here’s another interesting list from Insider Monkey, the compilation of the 20 most popular stocks among hedge funds in Q1 of 2019. Many investors think that hedge funds are not so attractive as before, and it can’t beat the market. Many famous hedge funds don’t report to hedge fund databases; those who report they do because their portfolios are hedged.
Concerning to Insider Monkey’s reasearch it’s not a good idea to invest directly in a hedge fund. It’s because that it’s not wise to pay a fortune for hedge funds’ stock picks, as you can purchuse them for free via SEC filings. We have brought up with 20 of the most popular stocks from Insider Monkey’s compilation. More than half of them outperformed the market. Now without a further ado, let’s check out the 20 most popular stocks among hedge funds in Q1 of 2019.
20. Adobe Inc. (NASDAQ:ADBE)
Number of Hedge Funds: 86
Total Dollar Amount of Long Hedge Fund Positions: $8.97 billion
Percent of Hedge Funds with Long Positions: 11.7%
2nd Quarter Return (through May 22): 5.8%
52-Week Return (through May 22): 18.0%
Noteworthy Hedge Fund Shareholders: Stephen Mandel, Cliff Asness
19. Comcast Corporation (NASDAQ:CMCSA)
Number of Hedge Funds: 87
Total Dollar Amount of Long Hedge Fund Positions: $6.3 million
Percent of Hedge Funds with Long Positions: 11.8%
2nd Quarter Return (through May 22): 8.9%
52-Week Return (through May 22): 36.1%
Noteworthy Hedge Fund Shareholders: Boykin Curry
18. Citigroup Inc. (NYSE:C)
Number of Hedge Funds: 87
Total Dollar Amount of Long Hedge Fund Positions: $9.2 billion
Percent of Hedge Funds with Long Positions: 11.8%
2nd Quarter Return (through May 22): 4.6%
52-Week Return (through May 22): -6.6%
Noteworthy Hedge Fund Shareholders: Jeffrey Ubben
17. Berkshire Hathaway Inc. (NYSE:BRK-B)
Number of Hedge Funds: 91
Total Dollar Amount of Long Hedge Fund Positions: $20.1 billion
Percent of Hedge Funds with Long Positions: 12.3%
2nd Quarter Return (through May 22): 0.9%
52-Week Return (through May 22): 2.3%
Noteworthy Hedge Fund Shareholders: Bill Gates,Warren Buffett, Boykin Curry
16. PayPal Holdings, Inc. (NASDAQ:PYPL)
Number of Hedge Funds: 93
Total Dollar Amount of Long Hedge Fund Positions: $3.6 billion
Percent of Hedge Funds with Long Positions: 12.6%
2nd Quarter Return (through May 22): 8.3%
52-Week Return (through May 22): 39.5%
Noteworthy Hedge Fund Shareholders: Dan Loeb, Philippe Laffont
15. salesforce.com, inc. (NYSE:CRM)
Number of Hedge Funds: 93
Total Dollar Amount of Long Hedge Fund Positions: $5.2 billion
Percent of Hedge Funds with Long Positions: 12.6%
2nd Quarter Return (through May 22): -0.5%
52-Week Return (through May 22): 25.7%
Noteworthy Hedge Fund Shareholders: Ken Fisher, Chase Coleman
14. Mastercard Incorporated (NYSE:MA)
Number of Hedge Funds: 94
Total Dollar Amount of Long Hedge Fund Positions: $11.6 billion
Percent of Hedge Funds with Long Positions: 12.7%
2nd Quarter Return (through May 22): 9.3%
52-Week Return (through May 22): 34.8%
Noteworthy Hedge Fund Shareholders: Tom Russo,Warren Buffett
13. Netflix, Inc. (NASDAQ:NFLX)
Number of Hedge Funds: 96
Total Dollar Amount of Long Hedge Fund Positions: $9.4 billion
Percent of Hedge Funds with Long Positions: 13.0%
2nd Quarter Return (through May 22): 0.9%
52-Week Return (through May 22): 8.5%
Noteworthy Hedge Fund Shareholders: Chase Coleman, Daniel Sundheim
12. Bank of America Corporation (NYSE:BAC)
Number of Hedge Funds: 96
Total Dollar Amount of Long Hedge Fund Positions: $29.1 billion
Percent of Hedge Funds with Long Positions: 13.0%
2nd Quarter Return (through May 22): 3.3%
52-Week Return (through May 22): -5.9%
Noteworthy Hedge Fund Shareholders:Warren Buffett
11. Apple Inc. (NASDAQ:AAPL)
Number of Hedge Funds: 98
Total Dollar Amount of Long Hedge Fund Positions: $55.1 billion
Percent of Hedge Funds with Long Positions: 13.3%
2nd Quarter Return (through May 22): -3.4%
52-Week Return (through May 22): -0.9%
Noteworthy Hedge Fund Shareholders: Warren Buffett, Steve Cohen
10. JPMorgan Chase & Co. (NYSE:JPM)
Number of Hedge Funds: 100
Total Dollar Amount of Long Hedge Fund Positions: $10.3 billion
Percent of Hedge Funds with Long Positions: 13.6%
2nd Quarter Return (through May 22): 10.3%
52-Week Return (through May 22): 0.9%
Noteworthy Hedge Fund Shareholders: Warren Buffett, Cliff Asness
9. Celgene Corporation (NASDAQ:CELG)
Number of Hedge Funds: 101
Total Dollar Amount of Long Hedge Fund Positions: $11.1 billion
Percent of Hedge Funds with Long Positions: 13.7%
2nd Quarter Return (through May 22): 2.1%
52-Week Return (through May 22): 25.8%
Noteworthy Hedge Fund Shareholders: Daniel S. Och, George Soros
8. The Walt Disney Company (NYSE:DIS)
Number of Hedge Funds: 114
Total Dollar Amount of Long Hedge Fund Positions: $7.0 billion
Percent of Hedge Funds with Long Positions: 15.4%
2nd Quarter Return (through May 22): 20.6% (Disney is a new top 10 hedge fund holding)
52-Week Return (through May 22): 30.7%
Noteworthy Hedge Fund Shareholders: Daniel Sundheim, Israel Englander
7. Alibaba Group Holding Limited (NYSE:BABA)
Number of Hedge Funds: 117
Total Dollar Amount of Long Hedge Fund Positions: $13.9 billion
Percent of Hedge Funds with Long Positions: 15.9%
2nd Quarter Return (through May 22): -12.9%
52-Week Return (through May 22): -18.9%
Noteworthy Hedge Fund Shareholders: Stephen Mandel, Julian Robertson
6. Visa Inc. (NYSE:V)
Number of Hedge Funds: 124
Total Dollar Amount of Long Hedge Fund Positions: $13.2 billion
Percent of Hedge Funds with Long Positions: 16.8%
2nd Quarter Return (through May 22): 5.3%
52-Week Return (through May 22): 26.5%
Noteworthy Hedge Fund Shareholders: Dan Loeb, Warren Buffett
5. Alphabet Inc. (NASDAQ:GOOG)
Number of Hedge Funds: 133
Total Dollar Amount of Long Hedge Fund Positions: $13.6 billion
Percent of Hedge Funds with Long Positions: 18.0%
2nd Quarter Return (through May 22): -1.9%
52-Week Return (through May 22): 7.6%
Noteworthy Hedge Fund Shareholders: Leon Cooperman, Julian Roberston
4. Alphabet Inc. (NASDAQ:GOOGL)
Number of Hedge Funds: 147
Total Dollar Amount of Long Hedge Fund Positions: $11.12 billion
Percent of Hedge Funds with Long Positions: 19.9%
2nd Quarter Return (through May 22): -1.8%
52-Week Return (through May 22): 7.5%
Noteworthy Hedge Fund Shareholders: Ken Fisher, Larry Robbins
3. Amazon.com, Inc. (NASDAQ:AMZN)
Number of Hedge Funds: 166
Total Dollar Amount of Long Hedge Fund Positions: $19.4 billion
Percent of Hedge Funds with Long Positions: 22.5%
2nd Quarter Return (through May 22): 4.4%
52-Week Return (through May 22): 17.6%
Noteworthy Hedge Fund Shareholders: Stephen Mandel, Daniel S. Och
2. Microsoft Corporation (NASDAQ:MSFT)
Number of Hedge Funds: 170
Total Dollar Amount of Long Hedge Fund Positions:$24.8 billion
Percent of Hedge Funds with Long Positions: 23.0%
2nd Quarter Return (through May 22): 8.7%
52-Week Return (through May 22): 33.1%
Noteworthy Hedge Fund Shareholders: Stanley Druckenmiller, Boykin Curry
1. Facebook, Inc. (NASDAQ:FB)
Number of Hedge Funds: 176
Total Dollar Amount of Long Hedge Fund Positions: $18.35 billion
Percent of Hedge Funds with Long Positions: 23.8%
2nd Quarter Return (through May 22): 11.2% (New top position for hedge funds)
52-Week Return (through May 22): 0.8%
Noteworthy Hedge Fund Shareholders: Brad Gerstner, Julian Robertson
This was the list of the 20 most popular stocks among hedge funds in Qi of 2019. We hope you found it interesting!
