Goldman Sachs is out with its regular breakdown of holdings in hedge funds and mutual funds.
Five stocks overlap with Goldman’s Hedge Funds Concentrated Short Positions basket and the Mutual Funds Underweight Positions basket: Blackstone, Chevron, Digital Realty Trust, Ford, and Tesla.
The top 20 stocks in the Mutual Fund Underweights basket:
- Apple (AAPL), underweight by 251 bps
- Microsoft (MSFT), 113
- Nvidia (NVDA), 112
- Berkshire Hathaway (BRK.B), 107
- Tesla (TSLA), 72
- Amazon.com (AMZN), 51
- Broadcom (AVGO), 46
- Procter & Gamble (PG), 44
- Eli Lilly (LLY), 43
- Alphabet (GOOGL), 33
- Home Depot (HD), 31
- Exxon Mobil (XOM), 30
- Walmart (WMT), 28
- Meta Platforms (META), 28
- Intel (INTC), 27
- Coca-Cola (KO), 26
- AMD (AMD), 26
- Costco (COST), 26
- Johnson & Johnson (JNJ), 24
- Abbott Labs (ABT), 24
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MacDailyNews Take: Clearly, looking at just the top 6 on this list, mutual fund managers need to make better stock purchasing decisions.
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