Mutual funds and hedge funds are finding rare common ground in a small cluster of stocks that have become consensus favorites across the industry, according to Goldman Sachs. The Wall Street firm analyzed $8 trillion in equity positions at the start of the fourth quarter based on regulatory filings. Goldman identified six names that rank as top holdings for both groups this quarter: CRH , Mastercard , Spotify , Talen , Visa and Vertiv . These "shared favorites" are constituents of both Goldman's "Hedge Fund VIP" list and its "Mutual Fund Overweight basket." They appear prominently across long-only and hedge fund portfolios despite the recent market volatility. Collectively, the group has outperformed the S & P 500 by 10 basis points year-to-date but the stocks lagged during the latest draw
Goldman Sachs flags six stocks both mutual funds and hedge funds are loving
CNBC Investing8 hrs ago
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