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By Max Magee

Energy and technology mega-caps are the most popular stocks with Pro investors right now.

ExxonMobil (XOM), Apple (AAPL), Chevron (CVX), IBM (IBM), and Microsoft (MSFT) were the stocks most likely to appear among top-15, U.S.-listed stocks in institutional portfolios at the end of Q1.


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Energy giant Exxon took the top spot on the list. The price of crude oil rose steadily throughout early 2011, and crude has remained at these elevated levels as summer driving season has gotten underway. Rival Chevron is currently third most popular among the Pros. The next energy name to appear on the list is ConocoPhillips (COP), in the 15th spot.

Apple, Microsoft, and IBM, meanwhile, are joined by Google (GOOG) and Oracle (ORCL) in the top 15. Over the last twelve months, the 23% gain by the tech-heavy Nasdaq has outperformed the S&P 500's 22% gain.

Also in the pros' top 10 were Johnson & Johnson (JNJ), Procter & Gamble (PG), General Electric (GE), and JP Morgan Chase (JPM), the only financial stock to crack the list.

There were some prominent institutions with money in these popular stocks. Across all its hedge funds and other investments, Goldman Sachs Group (GS) counted five of these stocks among its top holdings. Warren Buffett's Berkshire Hathaway (BRK.A, BRK.B) includes four of these stocks among its equity holdings.

Source: Big Energy, Tech Tops in Institutional Portfolios