14.87k followers • 5 symbols Watchlist by Yahoo Finance
Follow this list to discover and track tech stocks with highest percentage of hedge fund ownership.
Curated by Yahoo Finance
Follow this list to discover and track tech stocks with highest percentage of hedge fund ownership.
Background
The Yahoo Finance Crowded Tech Hedge Fund Positions list tracks the technology positions with the highest hedge fund concentration. Investors follow crowded hedge fund trades as a possible source of returns and an important component of risk management. Though Crowded Hedge Fund Positions have historically outperformed the market, in times of stress, they have become increasingly volatile and underperformed the market over time.
How did we choose these stocks?Yahoo Finance employs sophisticated algorithms to monitor and detect trends in the Global Financial Markets. We bring these insights to you in the form of watchlists. We calculate the concentration of hedge fund holders over the total institutional ownership of all tech stocks in the investable universe. Those with the highest concentration are considered crowded hedge fund positions.
Find other winning investment ideas with the Yahoo Finance Screener.
How are these weighted?The stocks in this watchlist are weighted equally.
Watchlist | Change today | 1-month return | 1-year return | Total return |
---|---|---|---|---|
Crowded Tech Hedge Fund Positions | -3.03% | +60.80% | +26.81% | +29.72% |
^GSPC | -0.30% | +2.84% | +18.43% | +4030.61% |
Symbol | Company name | Last price | Change | % change | Market time | Volume | Avg vol (3-month) | Market cap |
---|---|---|---|---|---|---|---|---|
IBM | International Business Machines Corporation | 118.61 | -13.04 | -9.91% | 16:00 GMT-5 | 38.06M | 5.96M | 105.69B |
HPQ | HP Inc. | 25.27 | -0.09 | -0.35% | 16:00 GMT-5 | 6.68M | 8.90M | 32.59B |
GLW | Corning Incorporated | 37.6 | -0.34 | -0.90% | 16:00 GMT-5 | 4.31M | 3.96M | 28.73B |
HPE | Hewlett Packard Enterprise Company | 12.14 | -0.12 | -0.98% | 16:00 GMT-5 | 10.13M | 10.75M | 15.70B |
Shareholders might have noticed that International Business Machines Corporation ( NYSE:IBM ) filed its full-year...
It’s a busy week ahead for the markets. 4th quarter GDP figures, the FED, U.S politics, COVID-19 news, and corporate earnings will be in focus in the week.
On CNBC's "Closing Bell," Stephanie Link said she's not worried about declining software revenue in IBM (NYSE: IBM) because she thinks a lot of bad news is already priced in. She says the company is very early in its transition from legacy business and toward faster-growing segments like cloud, AI, blockchain and data analytics.The company has a new CEO, who is an expert in the faster-growing segments. In October, IBM announced a spin-off of the managed infrastructure services division. This will result in a much simpler and faster-growing company. Over time, Link expects IBM to become a higher-multiple stock.Link believes investors have to give the management time. She was very encouraged by the gross margin expansion and $11 to $12 billion of free cash flow that management announced. Link thinks 11 times earnings with a 5.70% yield is very attractive.See more from Benzinga * Click here for options trades from Benzinga * 'Halftime Report' Picks For January 22: Apple, KLA And More(C) 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.