According to Goldman Sachs, the change in popularity of hedge fund investors may indicate where they are heading in the coming months, and some may help future earnings. The bank analyzed 695 hedge funds holdings and started the first quarter of the year with a long-term equity position of $3.1 trillion and short-term equity positions, according to the latest regulatory filings. Goldman Sachs then found several Russell 1,000 shares, which had the largest number of hedge fund owners in the last quarter. “Historically, stocks with increasing numbers of hedge fund investors (“rise stars”) often surpass the sector’s stocks in every aspect of their popularity after rising popularity,” analyst Ben Snider wrote in a recent note. Here are some names from Goldman Sachs’ latest list of rising stars. Robinhood has a third largest hedging fund with a financial service platform at the age of 23. Increased during this period. Robinhood has soared about 21.6% over the past year. LSEG said more than half of analysts covering Wall Street Rolanders were optimistic, with 12 of them having strong buy or buy ratings. Its average price target is about $70, which also means more than 40% from the end of Friday. COUPANG’s stock also meaningfully surpassed this year’s S&P 500, up 7.8% so far. Last year, South Korean e-commerce stocks also soared about 30%. Last quarter, the name saw 19 more hedge funds, which accounted for 64 overall ownership. Like Robinhood, most analysts take a bullish stance on Coupang, as 12 of 15 have strong buy or buy ratings. Its consensus target is about $29, meaning 23.6% from the end of Friday. Deutsche Bank is one of the companies that have become more optimistic about stock performance. Last Wednesday, Deutsche upgraded its stock to buy from Hold and raised its target to $28.50, reflecting more than 20% upside. The call put the stock up 3.5% in the meeting that day. Electric car maker Tesla also made the list, seeing another 17 hedge funds owning the stock during the period ending December 31. With this change, 101 hedge funds own the stock. While stocks fell more than 27% in 2025 and most post-election earnings have been lost, the stock has still climbed about 45% over the past 12 months.
Goldman said hedge funds are buying more of these “updated stars”. | Real Time Headlines
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