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Are you an active investor in the financial sector? If so, here's a list you may be interested in.

We began by screening the financial sector for large-cap stocks, those with market caps above $10 billion.

We then screened for those with bearish sentiment from institutional investors, with significant net institutional sales over the last quarter representing at least 5% of share float. This indicates that institutional investors such as hedge fund managers and mutual fund managers expect these names to underperform in the future.

Interactive Chart: Press Play to compare changes in analyst ratings over the last two years for the stocks mentioned below. Analyst ratings sourced from Zacks Investment Research.

Do you think these stocks deserve this negative sentiment? Use this list as a starting point for your own analysis.

1. American International Group, Inc. (NYSE:AIG): The company operates property and casualty insurance networks worldwide and conducts activities in the U.S. life insurance and retirement services industry. Market cap at $53.83B, most recent closing price at $36.46. Net institutional purchases in the current quarter at 497.8M shares, which represents about 40.15% of the company's float of 1.24B shares. The 2 top sellers of the stock are Steadfast Capital Management, and Marathon Asset Management.

2. The Blackstone Group (NYSE:BX): Provides alternative asset management and financial advisory services worldwide. Market cap at $20.55B, most recent closing price at $18.03. Net institutional purchases in the current quarter at 31.7M shares, which represents about 7.91% of the company's float of 400.65M shares. The 2 top sellers of the stock are Alliance Bernstein, and UBS AG.

3. Health Care REIT, Inc. (NYSE:HCN): Engages in investment, development, and management of properties. Market cap at $16.34B, most recent closing price at $62.91. Net institutional purchases in the current quarter at 33.8M shares, which represents about 13.07% of the company's float of 258.59M shares. The 2 top sellers of the stock are Daiwa Securities, and Morgan Stanley.

4. M&T Bank Corporation (NYSE:MTB): Operates as the holding company for M&T Bank and M&T Bank, National Association that provide commercial and retail banking services to individuals, corporations and other businesses, and institutions. Market cap at $13.33B, most recent closing price at $104.11. Net institutional purchases in the current quarter at 7.2M shares, which represents about 5.8% of the company's float of 124.16M shares. The 2 top sellers of the stock are Franklin Resources, and Bristol John W. & Co.

*Institutional data sourced from Fidelity, all other data sourced from Finviz.

Source: Hedge Funds Are Selling These 4 Large Cap Financials