The list is a part of a new report on active manager holdings.
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BANK OF AMERICA: Money managers love these 9 stocks
Bank of America Merril Lynch released its equity and quant strategy analysts' list of the most overowned stocks held by active managers.
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According to BAML, the "overowned" list includes companies that meet the following criteria:
The list ranges from tech giants like Alphabet and Amazon to healthcare companies like Biogen and UnitedHealth.
Check out the list of nine stocks below:
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Comcast
Ticker:CMCSA
Sector: Discretionary
Relative Weight: 1.53
% of Funds Holding Stock: 51.7%
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Source: BofA Merrill Lynch US Equity and US Quant Strategy, FactSet Ownership
Alphabet Class A
Ticker:GOOGL
Sector: Info Tech
Relative Weight: 1.59
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% of Funds Holding Stock: 56.9%
Source: BofA Merrill Lynch US Equity and US Quant Strategy, FactSet Ownership
MasterCard
Ticker:MA
Sector: Information Technology
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Relative Weight: 1.68
% of Funds Holding Stock: 37.0%
Source: BofA Merrill Lynch US Equity and US Quant Strategy, FactSet Ownership
Biogen
Ticker: BIIB
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Sector: Healthcare
Relative Weight: 1.70
% of Funds Holding Stock: 36.3%
Source: BofA Merrill Lynch US Equity and US Quant Strategy, FactSet Ownership
Alphabet Class C
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Ticker:GOOG
Sector: Information Technology
Relative Weight: 1.71
% of Funds Holding Stock: 53.1%
Source: BofA Merrill Lynch US Equity and US Quant Strategy, FactSet Ownership
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UnitedHealth
Ticker:UNH
Sector: Healthcare
Relative Weight: 1.82
% of Funds Holding Stock: 48.1%
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Source: BofA Merrill Lynch US Equity and US Quant Strategy, FactSet Ownership
Amazon.com
Ticker:AMZN
Sector: Discretionary
Relative Weight: 1.93
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% of Funds Holding Stock: 47.4%
Source: BofA Merrill Lynch US Equity and US Quant Strategy, FactSet Ownership
Visa Class A
Ticker:V
Sector: Information Technology
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Relative Weight: 1.93
% of Funds Holding Stock: 51.5%
Source: BofA Merrill Lynch US Equity and US Quant Strategy, FactSet Ownership
Priceline
Ticker:PCLN
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Sector: Discretionary
Relative Weight: 2.63
% of Funds Holding Stock: 35.4%
Source: BofA Merrill Lynch US Equity and US Quant Strategy, FactSet Ownership
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