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Do you follow the buying and selling trends of smart money investors? What if they disagree with the rest of the market?

We ran a screen on the tech sector for stocks that are outperforming the rest of the market, with quarterly performance above 20%.

We then screened these names for those seeing significant net selling from institutional investors over the last quarter - with net sales representing at least 5% of share float - indicating that institutional investors including hedge funds expect these names to underperform.

Are they proved wrong by these stocks' winning streaks, or are they destined to fall?

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

Do you think these names have risen too far too fast? Use this list as a starting point for your own analysis.

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

1. Changyou.com Limited (CYOU): Develops and operates online games in the People's Republic of China. Market cap at $1.40B. Price at $26.25. Performance over the last quarter at 20.87%. Net institutional sales in the current quarter at -2.4M shares, which represents about 24.32% of the company's float of 9.87M shares.

2. Camelot Information Systems Inc. (CIS): Provides enterprise application services and financial industry information technology services in the People's Republic of China. Market cap at $139.00M. Price at $3.15. Performance over the last quarter at 43.58%. Net institutional sales in the current quarter at -7.5M shares, which represents about 22.88% of the company's float of 32.78M shares.

3. AsiaInfo-Linkage,Inc. (ASIA): Provides telecommunications software solutions and information technology products and services to telecommunications carriers and other enterprises in the People's Republic of China. Market cap at $848.25M. Price at $11.96. Performance over the last quarter at 46.98%. Net institutional sales in the current quarter at -7.5M shares, which represents about 16.04% of the company's float of 46.77M shares.

4. Digital River Inc. (DRIV): Provides outsourced e-commerce solutions worldwide. Market cap at $635.10M. Price at $18.22. Performance over the last quarter at 22.51%. Net institutional sales in the current quarter at -4.6M shares, which represents about 14.49% of the company's float of 31.74M shares.

5. MagnaChip Semiconductor (MX): Designs and manufactures analog and mixed-signal semiconductor products for high-volume consumer applications. Market cap at $428.98M. Price at $11.94. Performance over the last quarter at 48.52%. Net institutional sales in the current quarter at -1.5M shares, which represents about 10.65% of the company's float of 14.09M shares.

6. OmniVision Technologies Inc. (OVTI): Designs, develops, and markets semiconductor image-sensor devices. Market cap at $1.00B. Price at $19.89. Performance over the last quarter at 51.62%. Net institutional sales in the current quarter at -5.1M shares, which represents about 10.63% of the company's float of 47.97M shares.

7. Opnext, Inc. (OPXT): Designs and manufactures optical subsystems, modules, and components for communication uses primarily in North America, Europe, Japan, and Asia Pacific. Market cap at $127.48M. Price at $1.50. Performance over the last quarter at 42.42%. Net institutional sales in the current quarter at -4.6M shares, which represents about 8.78% of the company's float of 52.38M shares.

8. Himax Technologies, Inc. (HIMX): Designs, develops, and markets semiconductors for flat panel displays. Market cap at $375.07M. Price at $2.11. Performance over the last quarter at 65.62%. Net institutional sales in the current quarter at -7.4M shares, which represents about 8.7% of the company's float of 85.05M shares.

9. Renren Inc. American Depositary (RENN): Operates a social networking Internet platform in China. Market cap at $927.91M. Price at $6.94. Performance over the last quarter at 83.08%. Net institutional sales in the current quarter at -12.2M shares, which represents about 8.36% of the company's float of 145.92M shares.

10. Tudou Holdings Limited ADR (TUDO): Operates as an online video company in the People's Republic of China. Market cap at $242.27M. Price at $34.98. Performance over the last quarter at 188.84%. Net institutional sales in the current quarter at -189.8K shares, which represents about 7.33% of the company's float of 2.59M shares.

11. Mitel Networks Corp. (MITL): Provides integrated communications solutions primarily to the SME market in the United States and internationally. Market cap at $230.48M. Price at $4.35. Performance over the last quarter at 43.81%. Net institutional sales in the current quarter at -1.1M shares, which represents about 6.52% of the company's float of 16.87M shares.

12. Open Text Corp. (OTEX): Develops, markets, sells, licenses, and supports enterprise content management solutions primarily in North America and Europe. Market cap at $3.52B. Price at $62.32. Performance over the last quarter at 25.45%. Net institutional sales in the current quarter at -3.3M shares, which represents about 5.82% of the company's float of 56.67M shares.

13. O2Micro International Ltd. (OIIM): Designs, develops, and markets semiconductor components for power management and security applications, as well as systems security solutions. Market cap at $181.08M. Price at $5.45. Performance over the last quarter at 22.35%. Net institutional sales in the current quarter at -1.6M shares, which represents about 5.32% of the company's float of 30.07M shares.

14. Progress Software Corp. (PRGS): Operates as an enterprise software company worldwide. Market cap at $1.43B. Price at $23.46. Performance over the last quarter at 22.06%. Net institutional sales in the current quarter at -2.9M shares, which represents about 5.21% of the company's float of 55.68M shares.

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

Source: 14 Outperforming Tech Stocks Being Sold Off By Hedge Funds