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.

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
2,727 55 2.06 14 14 0
5,444 71 1.31 13 13 0
2,158 29 1.37 13 13 0
2,352 31 1.34 13 13 0
10,711 192 1.83 12 12 0
2,693 163 6.44 12 12 0
1,786 73 4.26 11 12 1
4,338 67 1.58 12 12 0
9,038 270 3.08 12 12 0
1,023 16 1.57 12 12 0
1,330 -214 -13.85 11 12 1
1,772 382 27.43 10 12 2
10,929 274 2.57 12 12 0
1,270 51 4.15 12 12 0
2,420 22 0.93 12 12 0
1,086 9 0.84 12 12 0
6,453 144 2.28 10 11 1
5,871 300 5.39 11 11 0
983 21 2.14 11 11 0
1,853 -119 -6.01 11 11 0
4,368 -102 -2.28 11 11 0
1,750 44 2.57 12 11 -1
5,847 -368 -5.91 11 11 0
1,217 10 0.84 11 11 0
4,963 58 1.19 11 11 0
1,759 49 2.85 12 11 -1
8,143 1,245 18.04 10 11 1
972 -15 -1.49 12 11 -1
2,073 37 1.82 11 11 0
1,665 9 0.54 11 11 0
1,147 99 9.43 11 11 0
2,354 26 1.12 11 11 0
8,211 115 1.42 10 11 1
7,207 1,512 26.56 10 11 1
5,817 88 1.53 11 11 0
1,781 -55 -3.00 11 11 0
4,303 -51 -1.16 11 11 0
1,862 166 9.81 10 10 0
1,689 82 5.08 10 10 0
3,004 53 1.80 10 10 0
2,095 72 3.55 10 10 0
3,592 136 3.95 11 10 -1
1,319 142 12.04 10 10 0
4,120 420 11.34 9 10 1
2,157 -1 -0.05 10 10 0
8,177 991 13.80 9 10 1
2,185 -17 -0.78 10 10 0
2,812 1,640 139.86 9 10 1
7,352 768 11.66 10 10 0
1,370 21 1.56 10 10 0
2,208 39 1.81 9 10 1
2,438 14 0.56 10 10 0
1,566 19 1.24 10 10 0
1,053 34 3.30 10 10 0
1,044 56 5.66 10 10 0
1,742 76 4.59 10 10 0
3,094 57 1.89 10 10 0
893 26 2.95 10 10 0
180 9 5.43 10 10 0
3,299 325 10.91 10 10 0
2,191 80 3.79 10 10 0
1,848 78 4.42 10 10 0
3,097 233 8.14 10 10 0
2,695 80 3.04 9 9 0
2,650 26 0.99 9 9 0
3,614 -34 -0.93 9 9 0
1,297 49 3.97 8 9 1
2,593 96 3.86 9 9 0
1,408 29 2.11 9 9 0
1,960 19 0.96 9 9 0
2,049 58 2.93 9 9 0
2,916 63 2.20 10 9 -1
278 6 2.11 9 9 0
2,836 71 2.59 9 9 0
240 2 0.92 9 9 0
1,246 76 6.50 8 9 1
1,577 30 1.93 9 9 0
2,811 35 1.25 9 9 0
2,097 48 2.34 9 9 0
2,449 140 6.06 9 9 0
1,303 32 2.55 9 9 0
3,822 62 1.64 10 9 -1
900 17 1.97 9 9 0
478 7 1.59 9 9 0
1,937 50 2.66 9 9 0
671 15 2.23 10 9 -1
2,561 361 16.42 9 9 0
1,615 32 2.03 10 9 -1
279 6 2.15 9 9 0
3,333 313 10.36 9 9 0
1,658 23 1.43 9 9 0
1,184 10 0.83 9 9 0
855 22 2.70 9 9 0
1,071 13 1.22 10 9 -1
971 -23 -2.35 8 8 0
968 20 2.10 8 8 0
1,039 36 3.61 8 8 0
2,828 109 4.01 8 8 0
1,688 20 1.19 8 8 0
1,724 62 3.75 8 8 0
462 15 3.46 8 8 0
1,334 10 0.75 8 8 0
611 20 3.45 8 8 0
3,102 137 4.61 9 8 -1
2,051 15 0.73 9 8 -1
1,410 37 2.73 8 8 0
1,001 16 1.63 8 8 0
1,855 88 4.97 8 8 0
766 56 7.96 8 8 0
1,792 34 1.93 8 8 0
446 446 8 8
96 0 0.28 8 8 0
392 75 23.71 6 7 1
826 -495 -37.44 7 7 0
234 0 0.13 7 7 0
2,817 5 0.18 8 7 -1
1,402 -42 -2.93 7 7 0
1,182 -6 -0.48 7 7 0
460 20 4.54 9 7 -2
299 -2 -0.69 6 6 0
155 -2 -1.31 6 6 0
721 163 29.19 5 6 1
4,864 138 2.93 6 6 0
688 20 3.01 8 6 -2
3,076 159 5.43 5 6 1
362 1 0.38 6 6 0
1,830 93 5.33 10 6 -4
2,812 61 2.23 5 5 0
515 -173 -25.17 5 5 0
329 6 1.91 5 5 0
60 1 1.51 4 4 0
79 -1 -1.62 4 4 0
919 21 2.33 4 4 0
1,394 -574 -29.16 4 4 0
468 -56 -10.61 4 4 0
15,018 4,526 43.14 4 4 0
802 19 2.37 4 4 0
208 -170 -44.95 2 4 2
List of Funds

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

Armour Residential REIT, Inc.
BBRE - J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders MSCI U.S. REIT ETF
Breiter Capital Management Inc
CIO REIT Stock Limited Partnership
CommonWealth REIT
Delaware Vip Trust - Delaware Vip Reit Series Standard Class
FFR - FIRST TRUST EXCHANGE-TRADED FUND II - First Trust FTSE EPRA/NAREIT Developed Markets Real Estate Index Fund
FRI - FIRST TRUST EXCHANGE-TRADED FUND - First Trust S&P REIT Index Fund
ICF - iSHARES TRUST - iShares Cohen & Steers REIT ETF
KBWY - Invesco Exchange-Traded Fund Trust II - Invesco KBW Premium Yield Equity REIT ETF
LINCOLN VARIABLE INSURANCE PRODUCTS TRUST - LVIP Delaware REIT Fund Service Class
MORT - VanEck Vectors ETF Trust - VanEck Vectors Mortgage REIT Income ETF
NURE - Nushares ETF Trust - Nuveen Short-Term REIT ETF
PFFR - ETFis Series Trust I - InfraCap REIT Preferred ETF
Pacific Oak Strategic Opportunity REIT, Inc.
Pillarstone Capital Reit
Q REIT Holding LLC
RDOG - ALPS ETF Trust - ALPS REIT Dividend Dogs ETF
REET - iSHARES TRUST - iShares Global REIT ETF
REIT - ALPS ETF Trust - ALPS Active REIT ETF
RORE - Lattice Strategies Trust - Hartford Multifactor REIT ETF
RWR - SPDR SERIES TRUST - SPDR(R) Dow Jones REIT ETF
Reit Redux Lp
SCHH - SCHWAB STRATEGIC TRUST - Schwab U.S. REIT ETF
SPRE - Tidal ETF Trust - SP Funds S&P Global REIT Sharia ETF
SRET - Global X Funds - Global X SuperDividend REIT ETF
USRT - iSHARES TRUST - iShares Core U.S. REIT ETF
VPN - Global X Funds - Global X Data Center REITs & Digital Infrastructure ETF
WELLS FARGO MASTER TRUST - Wells Fargo U.S. REIT Portfolio