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Many analysts and investors follow the buying trends of "big money" institutional investors such as hedge fund managers and mutual fund managers. When these investors buy a stock, it's a signal to take a second look.

In the same way, mass selling from institutional investors is a bearish signal. We ran a screen on the 200 largest companies by market cap for those seeing the most significant net institutional selling over the current quarter, indicating that these "big money" investors expect these names to underperform.

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.‬

We also created a price-weighted index of the stocks mentioned below, and monitored the performance of the list relative to the S&P 500 index over the last month. To access a complete analysis of this list's recent performance, click here.

Hedge funds are bearish on these names - do you also think these names will underperform? Use this list as a starting point for your own analysis.

List sorted by net institutional shares purchased as a percent of share float.

1. Southern Copper Corp. (SCCO): Engages in mining, smelting, and refining mineral properties in Peru, Mexico, and Chile. Market cap of $26.36B. Net institutional shares sold over the current quarter at 12.4M, which is 7.72% of the company's 160.67M share float. The stock has lost 30.81% over the last year.

2. VMware, Inc. (VMW): Provides virtualization and virtualization-based cloud infrastructure solutions primarily in the United States. Market cap of $34.75B. Net institutional shares sold over the current quarter at 4.9M, which is 6.33% of the company's 77.41M share float. The stock has performed poorly over the last month, losing 15.22%.

3. Walgreen Co. (WAG): Engages in the operation of a chain of drugstores in the United States. Market cap of $28.58B. Net institutional shares sold over the current quarter at 34.7M, which is 3.98% of the company's 872.83M share float. The stock has lost 16.89% over the last year.

4. Time Warner Inc. (TWX): Operates as a media and entertainment company in the United States and internationally. Market cap of $36.82B. Net institutional shares sold over the current quarter at 37.8M, which is 3.78% of the company's 1.00B share float. The stock has gained 14.08% over the last year.

5. Deere & Company (DE): Provides products and services primarily for agriculture and forestry worldwide. Market cap of $32.99B. Net institutional shares sold over the current quarter at 14.2M, which is 3.75% of the company's 378.82M share float. The stock has had a couple of great days, gaining 6.14% over the last week.

6. Ford Motor Co. (F): Develops, manufactures, distributes, and services vehicles and parts worldwide. Market cap of $44.04B. Net institutional shares sold over the current quarter at 124.2M, which is 3.64% of the company's 3.41B share float. This is a risky stock that is significantly more volatile than the overall market (beta = 2.37). The stock has had a couple of great days, gaining 10.17% over the last week.

7. ConocoPhillips (COP): Operates as an integrated energy company worldwide. Market cap of $97.23B. Net institutional shares sold over the current quarter at 47.0M, which is 3.53% of the company's 1.33B share float. The stock has gained 12.44% over the last year.

8. Taiwan Semiconductor Manufacturing Co. Ltd. (TSM): Engages in the computer-aided designing, manufacturing, packaging, testing, and selling integrated circuits and other semiconductor devices; and manufacturing masks. Market cap of $68.73B. Net institutional shares sold over the current quarter at 150.2M, which is 3.53% of the company's 4.25B share float. The stock has gained 11.8% over the last year.

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

Source: Hedge Funds Are Selling These 8 Mega-Cap Stocks