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30 Most Popular Stocks Among Hedge Funds: 2024 Q3

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October data from the Investment Company Institute shows that index funds have a 60% market share.

Investors believe that beating the market is increasingly challenging and index funds offer the most effective approach to stock market investing.

I hold a PhD in financial economics. My research has shown that insiders and hedge funds can outperform the passive index funds by a very large margin over long periods of time.

I know what you might be thinking.

Hedge fund data is delayed by 45 days, potentially making it outdated by the time we receive it. How can this approach still be effective?

Well, you don’t need to speculate. Just look at the performance.

Overall, hedge funds’ top 10 stock picks returned 532.1% since 2014 (through December 31st) and beat the S&P 500 Index ETF (SPY) by 254.7 percentage points.

We have been telling our readers and subscribers for years to imitate hedge funds’ top stock picks.

Here is our previous article on this topic.

You can also check out our 2023 articles about the 30 most popular hedge fund stocks at the end of the third quarter and first quarter here. You can also check out the previous lists that are published in 2002Q4, 2022Q2, 2022 Q1, 2021 Q4, 2021 Q3 and 2021 Q2 here. In May 2021, we shared hedge funds’ top 30 stock picks for 2021 Q1. In February 2021, we also shared hedge funds’ top 30 stock picks. We also shared hedge funds’ top 30 stock picks at the end of November 2020. Three months before that we shared hedge funds’ top 30 stock picks for Q2’20. In fact, we have been sharing the list of hedge funds’ top 30 stocks since 2012 in our quarterly newsletter.

In 2023 top 10 stocks returned 75.1% and outperformed the S&P 500 Index ETF (SPY) by nearly 50 percentage points.

2024’s top 10 stocks returned 40.3% versus 24.9% gain for SPY.

Sixty percent of all investors invest in dumb index funds because they were made to believe that they can’t outperform the market by stock selection.

Our readers who invest in hedge funds’ top 10 stock picks beat the S&P 500 index funds by 255 percentage points over a 10-year period. That’s real money.

Every quarter we process more than 900 hedge funds’ 13F filings and identify the top stocks among ALL 900+ hedge funds.

The list of top 10 hedge fund stocks hasn’t changed much since the third quarter of 2018.

You can invest in this low turnover simple strategy by subscribing to our quarterly newsletter or simply reading my articles.

If you subscribe to our free e-newsletter below, you can get a daily free email alert whenever we publish something important.

The best thing about following hedge funds’ top picks on our website is that you don’t need to pay hedge funds an annual 2% fee and 20% of your profits to beat the market.

We do that here free of charge.

Our approach is also superior to investing directly into hedge funds because we don’t like to invest in a hedge funds’ 35th best idea when we can invest in only the best stock picks of the best hedge funds.

Below we listed the 30 most popular stocks among hedge funds at the end of September 2024. If you are only interested in a more concentrated portfolio, check out the top 10 stocks in this list below:

30. Progressive Corporation (NYSE:PGR)

Number of Hedge Funds: 95 (2024Q3)
Number of Hedge Funds: 89 (2024Q2)
Total Dollar Amount of Long Hedge Fund Positions: $7.4 billion
Percent of Hedge Funds with Long Positions: 10.6%
Q4 Return: -4%
Popularity Ranking (2024Q2): 38
Popularity Ranking (2024Q1): 38
Noteworthy Hedge Fund Shareholders: John Armitage

Pixabay / Public Domain

Follow Progressive Corp (NYSE:PGR)

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AI Fire Sale: Insider Monkey’s #1 AI Stock Pick Is On A Steep Discount

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

The whispers are turning into roars.

Artificial intelligence isn’t science fiction anymore.

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From driverless cars to medical breakthroughs, AI is on the cusp of a global explosion, and savvy investors stand to reap the rewards.

Here’s why this is the prime moment to jump on the AI bandwagon:

Exponential Growth on the Horizon: Forget linear growth – AI is poised for a hockey stick trajectory.

Imagine every sector, from healthcare to finance, infused with superhuman intelligence.

We’re talking disease prediction, hyper-personalized marketing, and automated logistics that streamline everything.

This isn’t a maybe – it’s an inevitability.

Early investors will be the ones positioned to ride the wave of this technological tsunami.

Ground Floor Opportunity: Remember the early days of the internet?

Those who saw the potential of tech giants back then are sitting pretty today.

AI is at a similar inflection point.

We’re not talking about established players – we’re talking about nimble startups with groundbreaking ideas and the potential to become the next Google or Amazon.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

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Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

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Act Now and Unlock a Potential 10,000% Return: This AI Stock is a Diamond in the Rough (But Our Help is Key!)

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A New Dawn is Coming to U.S. Stocks

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…