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Do you like to invest with a stock's trading trends? For ideas on how to find outperforming stocks, we ran a screen.

We began by screening the S&P 500 for stocks that have been outperforming over the last quarter, with quarterly performance above 30%. We then screened for those with positive sentiment from hedge funds, with significant net institutional purchases over the current quarter.

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.

Do you think these stocks will continue to outperform? Use this list as a starting point for your own analysis.

1. Akamai Technologies Inc. (AKAM): Provides services for accelerating and improving the delivery of content and applications over the Internet in the United States and internationally. Performance over the last quarter at 40.94%. Net institutional purchases in the current quarter at 8.8M shares, which represents about 5.1% of the company's float of 172.46M shares.

2. Salesforce.com (CRM): Provides customer and collaboration relationship management services to various businesses and industries worldwide. Performance over the last quarter at 34.50%. Net institutional purchases in the current quarter at 6.5M shares, which represents about 5.18% of the company's float of 125.48M shares.

3. DR Horton Inc. (DHI): Operates as a homebuilding company in the United States. Performance over the last quarter at 35.77%. Net institutional purchases in the current quarter at 12.0M shares, which represents about 4.34% of the company's float of 276.53M shares.

4. Hospira Inc. (HSP): Develops, manufactures, and markets pharmaceuticals and medication delivery systems in the United States and internationally. Performance over the last quarter at 31.14%. Net institutional purchases in the current quarter at 5.1M shares, which represents about 3.11% of the company's float of 164.14M shares.

5. Lennar Corp. (LEN): Operates as a home builder and provider of financial services in the United States. Performance over the last quarter at 43.87%. Net institutional purchases in the current quarter at 6.6M shares, which represents about 4.08% of the company's float of 161.65M shares.

6. Micron Technology Inc. (MU): Engages in the manufacture and marketing of semiconductor devices worldwide. Performance over the last quarter at 57.40%. Net institutional purchases in the current quarter at 41.8M shares, which represents about 4.36% of the company's float of 959.39M shares.

7. Novellus Systems, Inc. (NVLS): Develops, manufactures, sells, and supports equipment used in the fabrication of integrated circuits. Performance over the last quarter at 37.16%. Net institutional purchases in the current quarter at 2.2M shares, which represents about 3.6% of the company's float of 61.03M shares.

8. PulteGroup, Inc. (PHM): Engages in homebuilding and financial services businesses primarily in the United States. Performance over the last quarter at 61.24%. Net institutional purchases in the current quarter at 12.8M shares, which represents about 3.82% of the company's float of 335.49M shares.

9. Sears Holdings Corporation (SHLD): Operates as a retailer in the United States and Canada. Performance over the last quarter at 55.33%. Net institutional purchases in the current quarter at 1.8M shares, which represents about 4.41% of the company's float of 40.80M shares.

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

Source: 9 Outperforming S&P 500 Stocks Being Bought Up By Hedge Funds