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The most over-owned stocks at the top 50 mutual funds are GOOG, MSFT, T, AMZN, and HD, according...

The most over-owned stocks at the top 50 mutual funds are GOOG, MSFT, T, AMZN, and HD, according to a Citigroup report. The most under-owned: CSCO and WMT. (h/t tradefast)
Comments (10)
  • auto44
    , contributor
    Comments (3007) | Send Message
     
    Isn't all stock owned? What exactly does under-owned and over-owned mean?
    20 Sep 2012, 08:27 AM Reply Like
  • logicalman
    , contributor
    Comments (763) | Send Message
     
    Under-owned would mean less of these in these mutual funds, over-owned would mean more of these in the same funds.
    20 Sep 2012, 07:38 PM Reply Like
  • Joe A. MacDonald
    , contributor
    Comments (85) | Send Message
     
    I have no idea! It is just a term coined by brokers to suck you in, to buy certain stocks, that they get rewards for, in the form of trips etc.
    20 Sep 2012, 08:49 AM Reply Like
  • Joe A. MacDonald
    , contributor
    Comments (85) | Send Message
     
    retired and do my own investing!
    20 Sep 2012, 08:51 AM Reply Like
  • JayXu
    , contributor
    Comments (260) | Send Message
     
    no freaking idea what over-owned/under-owned means. googled around and no luck
    20 Sep 2012, 08:52 AM Reply Like
  • jasonwee
    , contributor
    Comments (17) | Send Message
     
    One way the analysts would measure over/under owned would be to take the total ownership divided by benchmark weight.
    It would probably be technically clearer if the analyst used the word OVERWEIGHT or UNDERWEIGHT.
    But it would not be as "headline grabbing".
    The question that needs asking is whether these 50 mutual funds are the "smart" money or have they been lagging the market anyway?
    20 Sep 2012, 09:08 AM Reply Like
  • metallurgist
    , contributor
    Comment (1) | Send Message
     
    Also, what makes the "top" mutual funds top? Is it size or return, or alphabetical first?
    20 Sep 2012, 12:09 PM Reply Like
  • logicalman
    , contributor
    Comments (763) | Send Message
     
    The top mutual funds would be according to size.
    20 Sep 2012, 07:40 PM Reply Like
  • spiroagnew
    , contributor
    Comments (4) | Send Message
     
    Well look at the dividend yields for Wal-mart and Cisco. No wonder they are "under-owned". How about sharing some of the wealth with stockholders.
    20 Sep 2012, 01:53 PM Reply Like
  • spiroagnew
    , contributor
    Comments (4) | Send Message
     
    Just another baby-boomer/Vietnam Vet who s+++canned his stock broker in 2008 and doing just fine thank you.
    20 Sep 2012, 01:53 PM Reply Like
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