Palantir leads the list of stocks funds dove into last year

AI names dominated the list of of stocks that saw the biggest change in fund ownership breadth, according to BofA.

These are the top S&P 500 (SPY) (IVV) (VOO) stocks with the largest increase in ownership breadth this year based on % of funds owning each ticker in Dec. 2024 and currently:

1. Palantir (PLTR), 32% current, 7% Dec. 24, 25 ppt rise in breadth
2. Broadcom (AVGO), 73%, 56%, 17 ppt
3. AppLovin (APP), 30%, 15%, 15 ppt
4. GE Vernova (GEV), 34%, 21%, 13 ppt
5. Amphenol (APH), 30%, 19%, 11 ppt
6. Netflix (NFLX), 55%, 45%, 10 ppt
7. Meta Platforms (META), 80%, 70%, 10 ppt
8. Robinhood Markets (HOOD), 14%, 4%, 10 ppt
9. Arista Networks (ANET), 33%, 24%, 9 ppt
10. Gilead Sciences (GILD), 25%, 17%, 8 ppt