Looking at 13F statistics, the most popular stock among hedge funds in the fourth quarter was Apple Inc. AAPL, with almost 2,000 institutions betting on it.
Walgreens Boots Alliance Inc WBA had the most new positions, followed by Anthem Inc ANTM. Halliburton Company HAL was the most dumped stock in the quarter.
Let's take a closer look.
New Arrivals
According to Whale Wisdom, Walgreens saw the most new arrivals (997). The company changed its ticker; Walgreens formerly traded as WAG until the last day of 2014.
Similar was the case of Anthem Inc, formerly WellPoint Inc. WLP, which witnessed 675 new arrivals.
The third most popular in terms of arrivals was California Resources Corp CRC, which was spun off of Occidental Petroleum Corporation OXY over the fourth quarter. The company now counts the support of more than 510 institutional investors, including Mason Hawkins’ Southeastern Asset Management, which disclosed ownership of $184 million in stock last quarter.
CDK Global Inc CDK is next, and saw 471 new institutional investors last quarter, including Jeffrey Tannenbaum’s Fir Tree.
Halyard Health Inc HYH had 444 institutions starting new positions over the fourth quarter after it was spun off Kimberly-Clark Corporation KMB.
Other popular stocks were:
- Kinder Morgan, Inc. KMI, with 439 new arrivals
- Keysight Technologies Inc (NYSE: KEYS), with 346 new arrivals
- KLX Inc KLXI, with 285 new arrivals
- Alibaba Group Holding Ltd BABA, with 263 new arrivals
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