5 Large Caps Being Chased by Institutional and Mutual Fund Investors

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 |  Includes: BBD, C, CAT, F, SLB
by: Kapitall

The following 5 large-cap stocks have seen net institutional and mutual fund buying over the last two quarters.

The smart money seems to think there's more upside to these names--what do you think? For each company we'll list details of fund flows, along with sentiment data to provide more perspective.

Institutional data sourced from Fidelity, short float and performance data sourced from Finviz.

Interactive Chart: Press Play to compare changes in analyst ratings over the last two years for the top six stocks mentioned below. Analyst ratings sourced from Zacks Investment Research. Note: The numbers on top of items represent the forward P/E ratio, if available.


The list has been sorted by institutional ownership as a percentage of shares outstanding.

1. Caterpillar Inc. (NYSE:CAT):
Farm & Construction Machinery Industry. Market cap of $65.37B.

Institutional Data: Institutional ownership represents 46.60% of shares outstanding. Net institutional shares purchased during current quarter at 1.3M vs. 8.9M net purchases during previous quarter. Net mutual fund shares purchased during current quarter at 1.7M vs. 16.3M net purchases during the previous quarter.

Other Sentiment Data: Short float at 1.89%, which implies a short ratio of 2.16 days. The stock has gained 83.31% over the last year.

Recent Developments: Announced the company is to sell Carter Machinery Corp. after a buy-out led by senior management of Carter Machinery Corp. (Feb. 2011). Announced EPS and revenue guidance for FY2011 that exceeded analyst estimates (Jan. 2011).

2. Schlumberger Limited (NYSE:SLB):
Oil & Gas Equipment & Services Industry. Market cap of $125.67B.

Institutional Data: Institutional ownership represents 41.60% of shares outstanding. Net institutional shares purchased during current quarter at 19.3M vs. 75.1M net purchases during previous quarter. Net mutual fund shares purchased during current quarter at 11.8M vs. 27.0M net purchases during the previous quarter.

Other Sentiment Data: Short float at 1.02%, which implies a short ratio of 1.84 days. The stock has gained 42.94% over the last year.

Recent Developments: Announced the company is planning to issue a five-year, euro-denominated bond (Nov. 2010).

3. Citigroup, Inc. (NYSE:C):
Money Center Banks Industry. Market cap of $142.68B.

Institutional Data: Institutional ownership represents 35.70% of shares outstanding. Net institutional shares purchased during current quarter at 3.4B vs. 1.2B net purchases during previous quarter. Net mutual fund shares purchased during current quarter at 913.3M vs. 606.9M net purchases during the previous quarter.

Other Sentiment Data: Short float at 1.38%, which implies a short ratio of 0.74 days. The stock has gained 43.99% over the last year.

Recent Developments: Announced appointment of John Havens as President and COO (Jan. 2011). The Financial Times reported that the company is looking for buyers for CitiFinancial, a US consumer finance company (Jan. 2011).

4. Ford Motor Co. (NYSE:F):
Auto Manufacturer. Market cap of $60.33B.

Institutional Data: Institutional ownership represents 33.20% of shares outstanding. Net institutional shares purchased during current quarter at 88.3M vs. 111.2M net purchases during previous quarter. Net mutual fund shares purchased during current quarter at 39.5M vs. 74.4M net purchases during the previous quarter.

Other Sentiment Data: Short float at 5.33%, which implies a short ratio of 2.09 days. The stock has gained 40.12% over the last year.

Recent Developments: Announced the company will reduce their debt by $3 billion through a trust preferred securities redemption (Feb. 2011). Announced the company will recall 363,000 F-150 trucks in North America (Feb. 2011).

5. Banco Bradesco S.A. (NYSE:BBD):
Foreign Regional Banks Industry. Market cap of $72.09B.

Institutional Data: Institutional ownership represents 10.20% of shares outstanding. Net institutional shares purchased during current quarter at 62.8M vs. 80.3M net purchases during previous quarter. Net mutual fund shares purchased during current quarter at 4.4M vs. 19.8M net purchases during the previous quarter.

Other Sentiment Data: Short float at 1.03%, which implies a short ratio of 2.38 days. The stock has gained 7.94% over the last year.

Recent Developments: Announced a proposed capital increase of BRL1.5 billion through the issuance of approx. 62 million shares (Dec. 2010).

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.