Discover High Conviction Stocks by Combining Portfolios of Leading Funds

This model portfolio was created by combining the holdings of funds with similar investing strategies and identifying the stocks that are the most widely held amongst the funds. In mathematical terms, this is union of the set of stocks held by each fund except that we add an additional attibute to each stock which is the count of funds that hold it. We also provide some additional attributes such as the change in the most recent quarter. We find that this is a useful way of identifying investment ideas, as it leverages the "wisdom of the crowds" where "crowds" is the investment research teams at the funds.

For best results, we recommend prioritizing stocks that are being accumulated by fund, rather than the stocks that are most widely held, as this is more likely to provide an early entry into a stock that is becoming popular.

List of Funds

This table shows a list of securities, sorted by institutional popularity. To create this list, we examine the most recent quarter's fund filings. From these filings, we count how many institutions hold each security, how many institutions held the security in the prior quarter, and display the difference.

Symbol Company Current Shares (x1000) Change in Shares (x1000) Change in Shares (%) Prior Owners Current Owners Change in Owners
23,517 -92 -0.39 29 28 -1
22,031 -522 -2.31 25 25 0
7,478 164 2.24 24 24 0
4,875 50 1.04 22 24 2
7,659 -662 -7.96 22 23 1
42,572 6,074 16.64 23 23 0
9,400 -478 -4.84 22 22 0
16,256 885 5.76 22 21 -1
5,142 -253 -4.70 21 20 -1
6,359 63 1.00 20 19 -1
3,620 171 4.97 17 19 2
12,357 642 5.48 18 19 1
11,671 1,749 17.63 19 19 0
14,759 653 4.63 16 17 1
2,699 600 28.60 18 17 -1
4,231 422 11.08 17 17 0
15,181 30 0.19 16 16 0
9,601 132 1.39 16 16 0
5,149 -664 -11.42 16 16 0
11,145 1,096 10.90 15 16 1
4,605 -403 -8.04 15 15 0
1,746 78 4.69 13 15 2
4,688 776 19.82 14 14 0
11,660 581 5.24 14 14 0
4,094 354 9.47 14 14 0
7,288 6 0.09 14 14 0
2,825 -31 -1.10 14 14 0
7,664 253 3.41 12 13 1
3,163 200 6.77 12 13 1
14,039 251 1.82 12 13 1
34,112 3,352 10.90 14 13 -1
1,794 872 94.62 13 13 0
13,526 6,833 102.09 9 12 3
2,886 -706 -19.65 12 12 0
19,151 2,272 13.46 12 12 0
7,086 230 3.35 12 12 0
7,666 84 1.11 11 11 0
5,302 -474 -8.20 11 11 0
837 -60 -6.73 11 11 0
10,072 577 6.08 11 11 0
2,066 -299 -12.64 11 10 -1
1,614 -171 -9.59 11 10 -1
1,116 -12 -1.06 10 10 0
8,138 652 8.71 9 10 1
2,343 -63 -2.61 11 10 -1
2,761 -292 -9.57 11 9 -2
2,178 -32 -1.46 8 9 1
596 9 1.56 10 9 -1
2,388 159 7.14 9 9 0
2,550 124 5.12 9 9 0
299 -44 -12.94 9 9 0
0 -1,682 -100.00 11 9 -2
2,592 8 0.30 9 9 0
2,447 -39 -1.56 9 9 0
1,115 -3,240 -74.40 2 8 6
1,540 -183 -10.62 8 8 0
7,073 2,326 49.02 8 8 0
3,454 824 31.33 8 8 0
1,364 -43 -3.03 8 8 0
3,612 -101 -2.73 8 8 0
2,937 74 2.57 8 8 0
3,830 -798 -17.25 9 8 -1
4,689 1,066 29.44 8 7 -1
3,312 -317 -8.73 6 7 1
507 -84 -14.22 8 7 -1
3,073 -8 -0.27 14 7 -7
659 -58 -8.06 7 7 0
446 1 0.33 10 7 -3
1,203 -560 -31.76 8 7 -1
2,487 209 9.16 7 7 0
369 188 104.30 4 6 2
1,566 63 4.22 6 6 0
1,805 -48 -2.59 6 6 0
8,361 2,402 40.32 5 6 1
634 -216 -25.42 6 6 0
6,051 297 5.16 8 6 -2
3,810 -38,621 -91.02 9 6 -3
498 50 11.19 6 6 0
694 -125 -15.28 6 6 0
138 -68 -33.07 6 6 0
7,557 -179 -2.32 4 5 1
4,194 908 27.64 5 5 0
757 6 0.73 5 5 0
5,764 14 0.24 6 5 -1
287 79 37.81 5 5 0
542 2 0.46 6 5 -1
200 92 84.83 5 5 0
1,138 -101 -8.16 5 5 0
228 -13 -5.39 4 5 1
64 17 37.94 4 5 1
836 -209 -19.98 7 5 -2
13,820 -424 -2.98 6 5 -1
122 42 53.14 7 5 -2
2,252 -220 -8.91 6 5 -1
631 10 1.61 5 5 0
44 -10 -17.59 5 5 0
1,051 40 3.96 5 5 0
1,736 -25 -1.42 7 5 -2
194 -31 -13.68 6 5 -1
2,527 0 0.00 5 5 0
1,704 170 11.10 5 5 0
479 -55 -10.29 6 5 -1
11,669 -331 -2.76 4 4 0
727 33 4.75 4 4 0
7,365 -6,232 -45.83 4 4 0
35 0 0.00 4 4 0
1,026 65 6.75 7 4 -3
478 -5 -1.04 4 4 0
18 -3 -13.44 4 4 0
1,109 -47 -4.03 4 4 0
201 28 16.19 5 4 -1
6,087 1 0.02 4 4 0
685 -37 -5.15 5 4 -1
2,236 -660 -22.80 5 4 -1
308 6 1.99 4 4 0
73 23 46.41 5 4 -1
123 -17 -12.00 4 4 0
3,976 -442 -10.01 5 4 -1
138 44 47.75 5 4 -1
1,579 -25 -1.57 4 4 0
1,113 17 1.59 5 4 -1
280 79 39.42 2 4 2
16,926 -250 -1.46 4 4 0
511 46 9.87 5 4 -1
174 5 2.97 4 4 0
1,397 -21 -1.50 6 4 -2
1,151 -592 -33.96 5 4 -1
577 -43 -7.00 5 4 -1
765 0 0.00 4 4 0
135 80 148.54 3 4 1
2,270 129 6.02 4 4 0
541 -0 -0.04 4 4 0
List of Funds

This combined portfolio is comprised of holdings from the following funds:

AIWEX - Cavanal Hill Funds - World Energy Fund Institutional
BACIX - Blackrock Funds - Blackrock All-cap Energy & Resources Portfolio Institutional
CURCX - MAINSTAY FUNDS TRUST - MainStay Cushing Energy Income Fund Class C
Clearbridge Energy Mlp Fund Inc.
Clearbridge Energy Mlp Opportunity Fund Inc.
Clearbridge Energy Mlp Total Return Fund Inc.
Cohen & Steers Mlp Income & Energy Opportunity Fund
Duff & Phelps Select Energy Mlp Fund Inc.
EINC - VanEck Vectors ETF Trust - VanEck Vectors Energy Income ETF
ENFR - ALPS ETF Trust - Alerian Energy Infrastructure ETF
ERX - Direxion Shares ETF Trust - Direxion Daily Energy Bull 3X Shares
FANAX - FIDELITY ADVISOR SERIES VII - Fidelity Advisor Energy Fund Class A
FILL - iShares, Inc. - iShares MSCI Global Energy Producers ETF
FSENX - FIDELITY SELECT PORTFOLIOS - Energy Portfolio
FSESX - FIDELITY SELECT PORTFOLIOS - Energy Service Portfolio
First Trust Energy Income & Growth Fund
First Trust Energy Infrastructure Fund
First Trust Mlp & Energy Income Fund
GLEAX - GOLDMAN SACHS TRUST - Goldman Sachs MLP & Energy Fund Class A Shares
GLPAX - GOLDMAN SACHS TRUST - Goldman Sachs MLP Energy Infrastructure Fund Class A Shares
Goldman Sachs Mlp & Energy Renaissance Fund
Guggenheim Energy & Income Fund
HNRIX - HENNESSY FUNDS TRUST - Hennessy BP Energy Fund Institutional Class
IENAX - AIM SECTOR FUNDS (INVESCO SECTOR FUNDS) - INVESCO Energy Fund Class A
INFIX - Managed Portfolio Series - Tortoise MLP & Energy Income Fund Institutional Class Shares
IVENC - Ivy NextShares - Ivy Focused Energy NextShares
JHME - John Hancock Exchange-Traded Fund Trust - John Hancock Multifactor Energy ETF
Jnl Variable Fund Llc - Jnl/mellon Energy Sector Fund (a)
MLOAX - Cohen & Steers MLP & Energy Opportunity Fund, Inc. - Cohen & Steers MLP & Energy Opportunity Fund, Inc. Class A
MLPPX - Managed Portfolio Series - Tortoise MLP & Energy Infrastructure Fund Institutional Class Shares
Nuveen Energy Mlp Total Return Fund
PSCE - Invesco Exchange-Traded Fund Trust II - Invesco S&P SmallCap Energy ETF
PXE - INVESCO EXCHANGE-TRADED FUND TRUST - Invesco Dynamic Energy Exploration & Production ETF
PXI - INVESCO EXCHANGE-TRADED FUND TRUST - Invesco DWA Energy Momentum ETF
RYE - INVESCO EXCHANGE-TRADED FUND TRUST - Invesco S&P 500 Equal Weight Energy ETF
SGLSX - Blackrock Funds - Blackrock Energy & Resources Portfolio Institutional
SMAPX - Salient MF Trust - Salient MLP & Energy Infrastructure Fund Class A
SOAEX - SPIRIT OF AMERICA INVESTMENT FUND INC - Spirit of America Energy Fund Class A
TMLAX - TRANSAMERICA FUNDS - Transamerica MLP & Energy Income A
TOPTX - Managed Portfolio Series - Tortoise Energy Evolution Fund A Class Shares
Tortoise Pipeline & Energy Fund, Inc.
Tortoise Power & Energy Infrastructure Fund Inc
USAI - Pacer Funds Trust - Pacer American Energy Independence ETF
VARIABLE INSURANCE PRODUCTS FUND IV - Energy Portfolio Initial Class
VENAX - VANGUARD WORLD FUND - Vanguard Energy Index Fund Admiral Shares
VGENX - VANGUARD SPECIALIZED FUNDS - Vanguard Energy Fund Investor Shares
VLPAX - VIRTUS ALTERNATIVE SOLUTIONS TRUST - Virtus Duff & Phelps Select MLP and Energy Fund Class A