ATLANTA, Sept. 9, 2016 /PRNewswire/ -- Technology companies Alphabet, Microsoft and Apple, in that order, led the rankings of the top stocks held by institutional investors for the ninth consecutive quarter, according to eVestment's just-released 2Q 2016 eVestment Institutional Stock Ownership Report. New to the overall top 20 list from the previous quarter is ExxonMobil in 19th. Merck & Co. fell out of the top 20, compared to the previous quarter.
Since institutional investors like pension funds, insurance companies, foundations and endowments tend to lead retail investors in their stock buying and selling by six to nine months, the report provides retail investors a unique look into equities strategies among the largest and most sophisticated investors in the world. Institutional investors control about half of the investable money in the world, with retail investors controlling the other half.
The report, using data from eVestment's Holdings Analysis solution, ranks the top 20 stocks institutional investors are holding overall as well as current and historical ownership and allocation trends among several major stock universes, including U.S. Large Cap Growth Equity, U.S. Large Cap Value Equity and All Emerging Markets Equity. Holdings Analysis provides a view into how asset managers working for institutional investors around the world are allocating capital across equities, sectors, industries and geographies. To learn more about eVestment Holdings Analysis, please click here.
The top 20 stocks held by institutional investors in 2Q, according to the report, were:
- Royal Dutch Shell
- Johnson & Johnson
- JPMorgan Chase
- Cisco Systems
- Wells Fargo
- Gilead Sciences
- Roche Holdings
- CVS Health
- Home Depot
Some other interesting points from the report include:
- While technology stocks had the highest portfolio allocations through 2Q, institutional investors may be rethinking those allocations as technology stocks saw among the largest decreases in allocations in several of the universes covered (U.S. Large Cap Growth Equity, U.S. Large Cap Value Equity, U.S. Large Cap Core Equity).
- On the other hand, technology stocks in the All Emerging Markets Equity universe saw the largest increase in allocations.
- In allocations to emerging markets, China stood at 16.40% in allocations in the All Emerging Markets Equity Universe.
- Brazil appears to be benefitting from positive investor sentiment, with investor allocations to Brazil in the All Emerging Markets Equity universe increasing 1.27%, the largest increase in allocations to emerging markets in 2Q.
To access a full copy of the report, please click here or use this link https://www.evestment.com/resources/research-reports/2016-research-reports/institutional-ownership-2q-2016.
For more information about this report, please contact Mark Scott at eVestment (email@example.com) or Jamie Letica (in the United States) or Francesca Bliss (in the United Kingdom) at Cognito at firstname.lastname@example.org and email@example.com.
eVestment provides a flexible suite of easy-to-use, cloud-based solutions to help the institutional investing community identify and capitalize on global investment trends, better select and monitor investment managers and more successfully enable asset managers to market their funds worldwide. eVestment's mission is to help make smart money smarter.
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