WalletHub has very recently analyzed the filings of over 400 top hedge funds. From these hedge funds, Wallet Hub identified their biggest holdings, new positions and recent exits. Hedge Funds and Billionaires play an important role in the market as they can affect the market in few minutes only. They make a move on a single day and get profits. The top stock picks form the popular Hedge Funds and Billionaires
Top Ten Popular Hedge Fund Stocks
The top stock picks that form the popular Hedge funds are: Microsoft Corp., Amazon.com, Inc., Apple, Inc., Facebook, Inc., Alphabet, Inc., JPMorgan Chase & Co., Wells Fargo & Co., UnitedHealth Group, Inc., Bank of America Corp., Visa, Inc.
Lot of companies declared their first quarter results. Hedge Funds such as Goldman Sachs had made $200 million in profit on February 5th when the VIX surged 116 percent, the biggest one-day move on record, as the S&P 500 fell 4.1 percent. The investment bank took the position on Cboe Volatility Index as Goldman’s hedge fund and asset management clients clamored for VIX exposure. Goldman’s volatility led to the 38 percent rise in first-quarter equities trading revenue to $2.3 billion, which exceeded the rise by Morgan Stanley and J.P. Morgan
Top Stock Picks of Billionaires
The biggest and the experienced investors such as Warren Buffett, Carl Icahn and Bill Ackman are making profit from their investments.
Warren Buffett | |
Biggest Buy | Apple, Inc. (AAPL) |
Biggest Sell | Phillips 66 (PSX) |
Top Holdings | Apple Inc., Well Fargo & Company and Bank of America Corp. |
George Soros | |
Biggest Buy | VICI Properties, Inc. (VICI) |
Biggest Sell | Overstock.com, Inc. (OSTK) |
Top Holdings | Liberty Broadband Corp., Caesars Entertainment Corp., VICI Properties Inc |
Carl Icahn | |
Biggest Buy | Newell Brands, Inc. (NWL) |
Biggest Sell | American International Group, Inc. (AIG) |
Top Holdings | CVR Energy, Inc., Cheniere Energy, Inc., Herbalife Ltd. |
David Tepper | |
Biggest Buy | Micron Technology, Inc. (MU) |
Biggest Sell | Apple, Inc. (AAPL) |
Top Holdings | Micron Technology, Inc., Facebook Inc., Altaba, Inc. |
John Paulson | |
Biggest Buy | Discovery, Inc. (DISCK) |
Biggest Sell | Caesars Entertainment Corp. (CZR) |
Top Holdings | Valeant Pharmaceuticals Int, Inc., Mylan N.V., Time Warner, Inc. |
Hedge Funds Investments by Sector in Q1 2018
Hedge funds have invested mostly in Technology stocks, Financial stocks, Services and Healthcare in Q1 2018. Therefore the top stocks that are worth investing are Microsoft and Apple from the Technology space, JPMorgan Chase & Co., Wells Fargo from the Financial space and UnitedHealth Group, Inc. from Healthcare sector.