UBS: Here are the 10 most crowded bets in the stock market right now

UBS released its monthly list of which stocks are the most crowded trades in the stock market right now.

Advertisement

As a stock's price climbs higher, investors clamor to gain a piece of the action. But this mob mentality can be disastrous when the prices eventually turn negative once again.

The bank calculated which stocks were overcrowded by comparing institutional ownership data from FactSet and aggregate positions of global active managers against the relative equity benchmark to form what it calls the “active weight.”

Crowded pool China
People cool off at a swimming pool in Daying county, Sichuan Province, China Reuters/China Daily

This months list spans from new tech stars like Alibaba, to the usual suspects like Alphabet and Microsoft, and even to insurance.

Here’s UBS’ list of the most overcrowded stocks in the market as of August 21:

 

Advertisement

10. Medtronic

Screen Shot 2017 08 21 at 4.22.24 PM
Markets Insider

Ticker: MDT

Investor Weight: 0.4%

Active Weight: 0.1%

WoW Change: Flat

Source: FactSet, MSCI, UBS Quantitative Research 

Advertisement

9. Comcast Corp.

Screen Shot 2017 08 21 at 4.25.49 PM
Markets Insider

Ticker: CMCSA

Investor Weight: 0.6%

Active Weight: 0.1%

WoW Change: Flat

Source: FactSet, MSCI, UBS Quantitative Research

Advertisement

8. Alphabet Inc. Class C

Screen Shot 2017 08 21 at 4.29.42 PM
Markets Insider

Ticker: GOOG

Investor Weight: 0.8%

Active Weight: 0.1%

WoW Change: Flat

Source: FactSet, MSCI, UBS Quantitative Research

Advertisement

7. Priceline Group

Screen Shot 2017 08 21 at 4.32.27 PM
Markets Insider

Ticker: PCLN

Investor Weight: 0.3%

Active Weight: 0.1%

WoW Change: Down

Source: FactSet, MSCI, UBS Quantitative Research

Advertisement

6. Visa Inc. Class A

Screen Shot 2017 08 21 at 4.40.29 PM
Markets Insider

Ticker: V

Investor Weight: 0.6%

Active Weight: 0.2%

WoW Change: Up

Source: FactSet, MSCI, UBS Quantitative Research

Advertisement

5. Broadcom

Screen Shot 2017 08 21 at 4.42.37 PM
Markets Insider

Ticker: AVGO

Investor Weight: 0.4%

Active Weight: 0.2%

WoW Change: Up

Source: FactSet, MSCI, UBS Quantitative Research

Advertisement

4. Microsoft

Screen Shot 2017 08 21 at 4.51.35 PM
Markets Insider

Ticker: MSFT

Investor Weight: 1.5%

Active Weight: 0.2%

WoW Change: Up

Source: FactSet, MSCI, UBS Quantitative Research 

Advertisement

3. UnitedHealth

Screen Shot 2017 08 21 at 4.52.54 PM
Markets Insider

Ticker: UNH

Investor Weight: 0.6%

Active Weight: 0.2%

WoW Change: Down

Source: FactSet, MSCI, UBS Quantitative Research 

Advertisement

2. Alibaba

Screen Shot 2017 08 21 at 4.54.08 PM
Markets Insider

Ticker: BABA

Investor Weight: 0.7%

Active Weight: 0.2%

WoW Change: Up

Source: FactSet, MSCI, UBS Quantitative Research

Advertisement

1. Aflac

Screen Shot 2017 08 21 at 4.59.31 PM
Markets Insider

Ticker: AFL

Investor Weight: 0.4%

Active Weight: 0.3%

WoW Change: Down

Source: FactSet, MSCI, UBS Quantitative Research

Advertisement
Investing Markets UBS
Advertisement
Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.