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Interested in adding some growth to your portfolio? For a closer look at some high-growth names from the semiconductors industry, we ran a screen.

We began by screening the semiconductors industry of the tech sector for stocks with high growth projections, with 5-year projected EPS growth rates above 15%.

We then screened for those with bullish sentiment from institutional investors, with significant net institutional purchases over the last quarter representing at least 5% of share float. This indicates that institutional investors such as hedge fund managers and mutual fund managers expect these names to outperform into the future.

For an interactive version of this chart, click on the image below. Analyst ratings sourced from Zacks Investment Research.

Tool provided by Kapitall.

Do you think these companies will meet their high growth expectations? Use this list as a starting point for your own analysis.

List sorted by net institutional purchases over the last quarter as a percent of share float.

1. Cirrus Logic Inc. (NASDAQ:CRUS): Develops high-precision analog and mixed-signal integrated circuits. Market cap at $1.77B, most recent closing price at $27.46. 5-year projected EPS growth at 20.00%. Net institutional purchases in the current quarter at 9.9M shares, which represents about 15.45% of the company's float of 64.08M shares.

2. IPG Photonics Corporation (NASDAQ:IPGP): Manufactures fiber lasers and amplifiers for use in a range of markets, such as materials processing, advanced technologies, telecommunications, and medical applications. Market cap at $2.15B, most recent closing price at $42.10. 5-year projected EPS growth at 24.24%. Net institutional purchases in the current quarter at 4.8M shares, which represents about 11.78% of the company's float of 40.75M shares.

3. EZchip Semiconductor Ltd. (NASDAQ:EZCH): Engages in the development and marketing of Ethernet network processors for networking equipment. Market cap at $1.01B, most recent closing price at $35.88. 5-year projected EPS growth at 30.17%. Net institutional purchases in the current quarter at 2.2M shares, which represents about 8.21% of the company's float of 26.80M shares.

4. Cree, Inc. (NASDAQ:CREE): Develops and manufactures light emitting diode products, silicon carbide and gallium nitride material products, and power and radio frequency products. Market cap at $2.67B, most recent closing price at $22.99. 5-year projected EPS growth at 23.77%. Net institutional purchases in the current quarter at 7.5M shares, which represents about 6.64% of the company's float of 112.98M shares.

5. Mattson Technology Inc. (NASDAQ:MTSN): Designs, manufactures, and markets semiconductor wafer processing equipment used in the fabrication of integrated circuits for the semiconductor manufacturing industry worldwide. Market cap at $115.29M, most recent closing price at $1.84. 5-year projected EPS growth at 20.00%. Net institutional purchases in the current quarter at 3.1M shares, which represents about 5.8% of the company's float of 53.49M shares.

6. Mindspeed Technologies Inc. (NASDAQ:MSPD): Designs, develops, and sells semiconductor networking solutions for communications applications in enterprise, broadband access, metropolitan, and wide-area networks. Market cap at $123.99M, most recent closing price at $3.0. 5-year projected EPS growth at 18.33%. Net institutional purchases in the current quarter at 2.2M shares, which represents about 5.61% of the company's float of 39.25M shares.

7. Volterra Semiconductor Corporation (NASDAQ:VLTR): Engages in the design, development, and marketing of analog and mixed-signal power management semiconductors for the computing, storage, networking, and consumer markets. Market cap at $654.55M, most recent closing price at $25.80. 5-year projected EPS growth at 15.90%. Net institutional purchases in the current quarter at 1.3M shares, which represents about 5.25% of the company's float of 24.76M shares.

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

Source: Hedge Funds Love These 7 High-Growth Semiconductors