Fear & Greed

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Crowded trades & high-conviction bets

The stocks the most hedge funds count among their ten biggest positions - the names a lot of books lean on at once, and that a lot of books might sell at once - and the single positions big enough to be a fund's whole thesis: 10% of its stock book or more.

Managers counted
5
Most crowded
AAPL top 10 at 3 funds
Bets of 10%+ of a book
2
Opened this quarter
0

Most crowded stocks

Q3 2026 · in the most top-10 lists
#Stock
1AAPLApple Inc.3−2142.95%$19.99B
2AMZNAmazon3−3843.67%$11.36B
3AVGOBroadcom3−1041.93%$5.22B
4MUMicron Technology3−2035.36%$7.1B
5ORCLOracle Corporation2−250.82%$1.42B
6GEVGE Vernova2—40.41%$678.14M
7BABoeing2—41.17%$473.94M
8NVDANvidia2−3033.90%$21.7B
9METAMeta Platforms2−1932.23%$8.75B
10GOOGLAlphabet Inc. (Class A)2−2434.20%$6.38B
11GOOGAlphabet Inc.2−1330.68%$4.87B
12SNDKSandisk2−931.06%$1.05B
13MSFTMicrosoft2−2722.25%$15.81B
14ASMLASML Holding1−540.58%$2.2B
15CCitigroup1—40.25%$1.07B
16FCXFreeport-McMoRan1—40.33%$939.75M
17SMCISupermicro1−241.57%$350.72M
18ALBAlbemarle Corporation1—40.76%$218.99M
19NOVTNovanta Inc.1—40.40%$142.22M
20JPMJPMorgan Chase1−430.51%$6.3B
21TSMTaiwan Semiconductor1−2030.93%$1.65B
22PLTRPalantir Technologies1−230.35%$762.76M
23CICigna1—30.32%$748.43M
24BABAAlibaba Group Holding Limited1−130.39%$224.14M
25MCHPMicrochip Technology1+130.41%$215.82M

High-conviction bets

Q3 2026 · 10% of a stock book or more
FundStock
Belvedere TradingMU12.18%$97.24M−29.79%
Wolverine Asset ManagementGOOGL11.22%$315.17M+5.27%

Source: SEC EDGAR Form 13F filings for the hedge funds on this site's list, as of the end of Q3 2026 - filed up to 45 days later. In top 10 of counts the managers holding the stock among their ten largest single-stock positions; ETFs are left out of both the ranking and the list, so a market maker's index hedges don't push a company out of its top ten. Avg weight is the stock's average share of its holders' stock books, and value held adds up every holder's position. A high-conviction bet is a single stock worth at least 10% of a manager's reported stock book; the share change beside it is against the manager's previous filing, adjusted for splits. A 13F shows long positions only, so a stock that looks crowded here may be hedged with shorts or options the filing never shows.