Apple tops Goldman Sachs’ ‘underweight’ basket
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
Support MacDailyNews at no extra cost to you by using this link to shop at Amazon.
MacDailyNews Take: Clearly, looking at just the top 6 on this list, mutual fund managers need to make better stock purchasing decisions.
Please help support MacDailyNews. Click or tap here to support our independent tech blog. Thank you!
Support MacDailyNews at no extra cost to you by using this link to shop at Amazon.
The post Apple tops Goldman Sachs’ ‘underweight’ basket appeared first on MacDailyNews.
