Stock pickers are piling into these 9 stocks

Amazon CEO Jeff BezosAmazon CEO Jeff Bezos. Picture: David Ryder/Getty Images

Bank of America Merril Lynch released its lastest equity and quant strategy analysts’ list of the most overowned stocks held by active managers.

The list is part of a new report on active manager holdings that the bank sent to clients on Friday.

According to BAML, the “overowned” list includes companies that meet the following criteria:

“Stock is 1.5x or more than its weight in the S&P 500 in the fund manager composite, and more than 35% of funds in the sample hold the stock.”

The list ranges from tech giants like Alphabet and Amazon to healthcare companies like Biogen and UnitedHealth.

Check out the nine stocks below:

9. Comcast

Markets Insider

Ticker: CMCSA

Sector: Disc

Price: $US40.80

Relative Weight: 1.52

% of Hedge Funds Holding Stock: 52.3%

YTD Performance: +18.45%

Source: Bank of America Merrill Lynch

8. Alphabet Class A

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Ticker: GOOGL

Sector: Info Tech

Price: $US943.60

Relative Weight: 1.57

% of Hedge Funds Holding Stock: 58.9%

YTD Performance: +18.48%

Source: Bank of America Merrill Lynch

7. Mastercard

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Ticker: MA

Sector: Info Tech

Price: $US133.80

Relative Weight: 1.66

% of Hedge Funds Holding Stock: 39.7%

YTD Performance: +27.15%

Source: Bank of America Merrill Lynch

6. Alphabet Class C

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Ticker: GOOG

Sector: Info Tech

Price: $US929.60

Relative Weight: 1.70

% of Hedge Funds Holding Stock: 54.4%

YTD Performance: +19.72%

Source: Bank of America Merrill Lynch

5. Biogen Inc.

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Ticker: BIIB

Sector: Health Care

Price: $US303.80

Relative Weight: 1.73

% of Hedge Funds Holding Stock: 35.1%

YTD Performance: +19.26%

Source: Bank of America Merrill Lynch

4. Amazon.com, Inc.

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Ticker: AMZN

Sector: Disc

Price: $US967.60

Relative Weight: 1.83

% of Hedge Funds Holding Stock: 50.7%

YTD Performance: +30.16%

Source: Bank of America Merrill Lynch

3. UnitedHealth Group

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Ticker: UNH

Sector: Health Care

Price: $US195.90

Relative Weight: 1.88

% of Hedge Funds Holding Stock: 51.1%

YTD Performance: +23.18%

Source: Bank of America Merrill Lynch

2. Visa Inc. Class A

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Ticker: V

Sector: Info Tech

Price: $US103.70

Relative Weight: 1.91

% of Hedge Funds Holding Stock: 52.8%

YTD Performance: +30.93%

Source: Bank of America Merrill Lynch

1. Priceline Group Inc

Markets Insider

Ticker: PCLN

Sector: Disc

Price: $US1,813.00

Relative Weight: 2.63

% of Hedge Funds Holding Stock: 37.4%

YTD Performance: +25.78%

Source: Bank of America Merrill Lynch

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