The Street – Recently, Goldman Sachs released their quarterly Hedge Fund Trend Monitor report. To compile the report, Goldman analyzed 775 hedge funds with $1.9 trillion of gross equity positions ($1.4 trillion long and $666 billion short) at the start of the third quarter of 2014. Goldman noted that the aggregate of hedge funds had returned 1% YTD, thereby severely lagging the S&P 500, which was up over 7% on the year.
Counter to this trend, Goldman’s Hedge Fund VIP List of stocks that “matter most” to hedge funds trounced the S&P’s 7.1% YTD gain with a gain of 8.9%. Put simply, this list of stocks is what Goldman has identified as the 50 stocks that appear most frequently among the top 10 holdings of fundamentally driven hedge fund portfolios.
