50 Stocks that matter the most to hedge funds – Goldman Sachs

Goldman Sachs analysts put together a list of their top 50 long positions of fundamentally driven hedge funds.

These stocks appear most frequently among the top 10 holdings of “fundamentally-driven investors from quantitative funds or funds that mirror private equity investments.”

This basket outperformed the S&P 500 (SP500) 18.8% vs. 17.5% year-to-date and has also outperformed the S&P 500 in almost 60% of quarters (93 quarters) since 2001.

The group is not sector neutral to the S&P 500 (SP500) and has stocks from nine out of the 11 sectors, excluding real estate (XLRE) and utilities (XLU). Information technology (XLK) accounts for 24% of the basket weight.

Goldman’s “very important positions (or VIP)” for hedge funds:

• Amazon.com Inc. (AMZN) – Number of funds with stock as top 10 holdings: 99
• Microsoft Corp. (MSFT) – Number of funds with stock as top 10 holdings: 79
• Meta Platforms Inc. (META) – Number of funds with stock as top 10 holdings: 77
• Alphabet Inc. (GOOGL) – Number of funds with stock as top 10 holdings: 51
• Apple Inc. (AAPL) – Number of funds with stock as top 10 holdings: 43
• NVIDIA Corp. (NVDA) – Number of funds with stock as top 10 holdings: 41
• Taiwan Semiconductor Manufacturing Co., Ltd. (TSM) – Number of funds with stock as top 10 holdings: 30
• Uber Technologies (UBER) – Number of funds with stock as top 10 holdings: 28
• Hess Corp. (HES) – Number of funds with stock as top 10 holdings: 22
• Eli Lilly & Co. (LLY) – Number of funds with stock as top 10 holdings: 20
• Mastercard Inc. (MA) – Number of funds with stock as top 10 holdings: 19
• CRH public limited company (CRH) – Number of funds with stock as top 10 holdings: 18
• Berkshire Hathaway (BRK.B) – Number of funds with stock as top 10 holdings: 17
• Visa Inc. (V) – Number of funds with stock as top 10 holdings: 17
• Netflix Inc. (NFLX) – Number of funds with stock as top 10 holdings: 16
• UnitedHealth Group (UNH) – Number of funds with stock as top 10 holdings: 16
• Salesforce Inc. (CRM) – Number of funds with stock as top 10 holdings: 15
• TransDigm Group (TDG) – Number of funds with stock as top 10 holdings: 15
• Alibaba Group Hldg (BABA) – Number of funds with stock as top 10 holdings: 14
• Tenet Healthcare (THC) – Number of funds with stock as top 10 holdings: 14
• Broadcom Inc. (AVGO) – Number of funds with stock as top 10 holdings: 13
• MercadoLibre Inc. (MELI) – Number of funds with stock as top 10 holdings: 13
• Endeavor Group Holdings, Inc. (EDR) – Number of funds with stock as top 10 holdings: 13
• GE Vernova Inc. (GEV) – Number of funds with stock as top 10 holdings: 13
• United States Steel Corporation (X) – Number of funds with stock as top 10 holdings: 13
• Apollo Global Mgmt (APO) – Number of funds with stock as top 10 holdings: 13
• Fiserv Inc. (FI) – Number of funds with stock as top 10 holdings: 13
• HashiCorp, Inc. (HCP) – Number of funds with stock as top 10 holdings: 13
• AerCap Holdings (AER) – Number of funds with stock as top 10 holdings: 12
• Insmed Incorporated (INSM) – Number of funds with stock as top 10 holdings: 12
• Progressive Corp. (PGR) – Number of funds with stock as top 10 holdings: 12
• Teva Pharmaceutical Industries Limited (TEVA) – Number of funds with stock as top 10 holdings: 12
• Alight, Inc. (ALIT) – Number of funds with stock as top 10 holdings: 12
• KKR & Co Inc. (KKR) – Number of funds with stock as top 10 holdings: 12
• GE Aerospace (GE) – Number of funds with stock as top 10 holdings: 12
• IAC Inc. (IAC) – Number of funds with stock as top 10 holdings: 11
• SharkNinja, Inc. (SN) – Number of funds with stock as top 10 holdings: 11
• Western Digital (WDC) – Number of funds with stock as top 10 holdings: 11
• Albertsons Companies (ACI) – Number of funds with stock as top 10 holdings: 11
• Caesars Entertainment (CZR) – Number of funds with stock as top 10 holdings: 11
• Energy Transfer LP (ET) – Number of funds with stock as top 10 holdings: 11
• First Citizens BancShares (FCNCA) – Number of funds with stock as top 10 holdings: 11
• HubSpot Inc. (HUBS) – Number of funds with stock as top 10 holdings: 11
• Natera Inc. (NTRA) – Number of funds with stock as top 10 holdings: 11
• Spotify Technology SA (SPOT) – Number of funds with stock as top 10 holdings: 11
• Workday, Inc. (WDAY) – Number of funds with stock as top 10 holdings: 11
• Advanced Micro Devices (AMD) – Number of funds with stock as top 10 holdings: 10
• Adobe Inc. (ADBE) – Number of funds with stock as top 10 holdings: 10
• Liberty Broadband (LBRDK) – Number of funds with stock as top 10 holdings: 10
• JPMorgan Chase (JPM) – Number of funds with stock as top 10 holdings: 8