9 Stocks That Were Net Sold By Retail Investors In February

Looking for a list of the most common stocks sold by retail investors? Well, TD Ameritrade Holding Corp, AMTD recently ranked as the top retail broker, releases on a monthly basis a few interesting tidbits that gauge the trading activity of its clients.

In its monthly Investor Movement Index report, the brokerage noted its clients were net sellers of Apple Inc. AAPL throughout February as the stock traded above all-time highs and topped the $700 billion valuation mark. 

TD Ameritrade clients were also net sellers of another current Dow component, Walt Disney Co DIS, as well as former Dow component Alcoa Corp AA and its spinoff Arconic Inc ARNC. All three stocks missed earnings expectations in the quarter. While the later two traded down in January as a result, Disney actually rallied to levels it hasn't been at since December 2015.

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Other stocks that were net sold include ConocoPhillips COP and Kinder Morgan Inc KMI. Tesla Inc TSLA was also sold by clients after the electric vehicle maker saw its stock hit a new all-time high in the middle of the month.

Finally, other popular names that were out of favor among TD Ameritrade's clients include Yahoo! Inc. YHOO, Chipotle Mexican Grill, Inc. CMG and Alibaba Group Holding BABA.

The IMX measures investor movement in and out of equities. The brokerage notes taht it "has generally correlated with the S&P 500 as clients react to equity price movements, but the index has gone through uncorrelated periods."