These were the 10 most-held stocks in hedge funds last quarter

FILE PHOTO: An investor is reflected in a window in front of a board displaying stock prices at the Australian Securities Exchange (ASX) in Sydney, Australia, May 5, 2017.     REUTERS/Steven Saphore
An investor is reflected in a window in front of a board displaying stock prices at the Australian Securities Exchange in Sydney, Australia Reuters

The fourth quarter's disclosures for large investment funds were filed by February 15. For the equities world, they offer insight into how interested the sector is in stocks as an asset overall, and which companies in particular are garnering attention. 

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An analysis from Novus that aggregated 13-F filings found that hedge funds collectively hold about the same amount of stocks, by market value, as in the third quarter. And the most attractive companies across firms stayed relatively similar to favorites from the third quarter, with some names gaining ground and some losing, Novus found

There were two names that defied that continuity. First, Alibaba, which became the sixth most-held stock after previously sitting just out of the top 10 in the 11th spot, Novus found. And second, Bristol-Myers Squibb, which skyrocketed to the fifth most-held stock after not even sitting in the top 20 last quarter, Novus found. That's after Bristol-Myers acquired Celgene in a move that could transform the biopharmaceutical firm into a powerhouse, Novus said. 

From mainstays to surprises, here are the top 10 most-held stocks in the hedge fund industry.

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10. American Express

american express
Matt Winkelmeyer/Getty Images for American Express

Ticker: AXP

Third quarter ranking: 8

Source: Novus 

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9. Coca-Cola

Coca-Cola, Coke, Coca Cola
8.5 ounce bottles of Coca-Cola at the Cadillac Championship golf tournament in Doral, Fla. AP Photo/Wilfredo Lee

Ticker: KO

Third quarter ranking: 6

Source: Novus 

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8. Wells Fargo

Wells Fargo
Brendan McDermid/Reuters

Ticker: WFC

Third quarter ranking: 4

Source: Novus 

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7. Amazon

Amazon Web Services
Reuters

Ticker: AMZN

Third quarter ranking: 7

Source: Novus 

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6. Alibaba

FILE PHOTO: A logo of Alibaba Group is seen at the company's headquarters in Hangzhou, Zhejiang province, China, November 18, 2019. REUTERS/Aly Song
A logo of Alibaba Group is seen at the company's headquarters in Hangzhou Reuters

Ticker: BABA

Third quarter ranking: 11

Source: Novus 

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5. Bristol-Myers Squibb

Test tubes
Marco Di Lauro/Getty

Ticker: BMY

Third quarter ranking: Out of top 20

Source: Novus 

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4. Facebook

Mark Zuckerberg
AP Photo/Andrew Harnik

Ticker: FB

Third quarter ranking: 5

Source: Novus 

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3. Microsoft

FILE PHOTO: Satya Nadella, Chief Executive Officer of Microsoft, gestures as he attends a session at the 50th World Economic Forum annual meeting in Davos, Switzerland, January 23, 2020. REUTERS/Denis Balibouse/File Photo
FILE PHOTO: 2020 World Economic Forum in Davos Reuters

Ticker: MSFT

Third quarter ranking: 3

Source: Novus 

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2. Bank of America

Bank of America logo ATM
AP

Ticker: BAC

Third quarter ranking: 2

Source: Novus 

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1. Apple

FILE PHOTO: The Apple logo is shown atop an Apple store at a shopping mall in La Jolla, California, U.S., December 17, 2019, 2019.  REUTERS/Mike Blake
FILE PHOTO: The Apple logo is shown atop an Apple store at a shopping mall in La Jolla, California Reuters

Ticker: AAPL 

Third quarter ranking: 1

Source: Novus 

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