The top 10 most crowded trades

Patrick Poke

PLP & A Rich Life

ZeroHedge recently shared some interesting data from UBS, the table below shows the most underweight and overweight positions by institutions on ASX stocks. Here’s how the UBS team measures the position weights: “Using the institutional ownership data provided by FactSet, we form an active trading portfolio by aggregating positions across global active managers. Essentially, we sum up all the holdings in dollar value across all the active managers and calculate the weights of stocks in this active trading portfolio. We then compare this weight with the relevant equity index benchmark to form the active weight.” Regardless of whether you’re a contrarian on a trend-follower, the data are fascinating to observe. See the link for data on US, European, and emerging market stocks: (VIEW LINK)


6 stocks mentioned

Patrick Poke
Founder & Director
PLP & A Rich Life

Patrick is the founder and director of PLP Finance Media, a content production and strategy consulting agency specialising in investment content and communications. He also writes for A Rich Life. Patrick was a Market Analyst, Editor, Senior...

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Comments

Sign In or Join Free to comment