New York (HedgeCo.net) – Each quarter, after all of the 13F filings are filed and released, Goldman Sachs releases a list of the stocks that hedge funds love the most. The list looks at the number of funds that own the stock, have the stock as a top 10 holding and the percentage allocation from the fund. Goldman released their list recently and the top 10 most important stocks for hedge funds are as follows:

1. Allergan- 108 funds own, top 10 holding for 74, average portfolio weighting 7%
2. Facebook- 88 own, top 10 holding for 65, average weighting 7%
3. Alphabet (formerly Google)- 80 own, top 10 holding for 58, average weighting 7%
4. Time Warner Cable- 71 own, top 10 holding for 53, average weighting 8%
5. Amazon- 64 own, top 10 holding for 50, average weighting 8%
6. Apple- 74 own, top 10 holding for 49, average weighting 8%
7. Microsoft- 59 own, top 10 holding for 44, average weighting 6%
8. Citigroup- 49 own, top 10 holding for 37, average weighting 6%
9. Charter Communications- 59 own, top 10 holding for 35, average weighting 8%
10. Bank of America- 49 own, top 10 holding for 32, average weighting 8%

You can see from the list that there is a pretty good mix of different sectors with three internet companies, two tech companies and two banking stocks.

Rick Pendergraft
Research Analyst
HedgeCoVest