Picks from Goldman's Hedge Fund Monitor
- Apple , Google , and are the most popular (long) holdings of hedge funds according to Goldman's latest hedge fund monitor, which analyzed the positions of 783 hedge funds with $1.7T of gross assets. Hedge fund holdings of AIG, however, account for 14 of the company's float compared to negligible amounts for Apple and Google.
- The 20 most concentrated hedge fund holdings as defined by the percent of equity cap owned by the funds has consistently been a significant outperformer, according to Goldman. In order: AN,STZ,JCP,FDO,THC,HRB,BEAM,MU,NWSA,VRSN,CBG,NFLX,GT,TSO,ETFC,MSI,WPX,WYN,HES,CCI.
- Overall, the studied hedge funds' performance leaves a bit to be desired, with average return of 6% YTD. Fewer than 5% outperformed the S&P 500, and 20% of funds posted an absolute loss.
