This stock is emerging as a clear favorite among investors from top hedge funds

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VIEW IN BROWSER | SUBSCRIBE   MY ACCOUNT     Hedge Funds Have a New Favorite Stock   Hedge Funds Have a New Favorite Stock   An Andy Warhol-like print of Berkshire Hathaway CEO Warren Buffett hangs outside a clothing stand during the first in-person annual meeting since 2019 of Berkshire Hathaway Inc in Omaha, Nebraska, U.S. April 30, 2022. Scott Morgan | Reuters   Hedge funds are embracing the stability of this high profile stock during a volatile market as it became one of the favorite stocks last quarter, according to Goldman Sachs.   The Wall Street firm analyzed the holdings of 795 hedge funds with $2.4 trillion of gross equity positions at the start of the third quarter based on regulatory filings. It then compiled a basket of the most popular long positions, dubbed Goldman's "Hedge Fund VIP basket," consisting of 50 stocks that most frequently appear among the largest 10 holdings of hedge funds.   Subscribe to CNBC Pro to see which stock investors are heralding as their favorite and the top stocks that most frequently appear among the largest 10 holdings of hedge funds. See the Stocks Here are more of today's top stories, exclusive for CNBC Pro subscribers!   Tech investor Paul Meeks reveals one chip stock he's steering clear of — 'even on the dip' FRI, AUGUST 26 2022   Here are Morgan Stanley's favorite stocks for the next 12 months THU, AUGUST 25 2022   Here are Friday's biggest analyst calls: Tesla, Apple, First Solar, Zoom, Ulta, Peloton & more FRI, AUGUST 26 2022   'Priced for a disaster': Fund manager says inflation's here to stay, but 2 beaten-down stocks could still do well FRI, AUGUST 26 2022   These drugmakers could rally more than 40% amid new developments in Zantac lawsuit, Citi says FRI, AUGUST 26 2022   IBM spinoff Kyndryl is now one of David Einhorn's biggest technology bets THU, AUGUST 25 2022     Like getting these emails?  Subscribe to CNBC Pro today and get access to unlimited Pro articles, access to Pro live events, stock tips, and money-making investment ideas. Unsubscribe Digital Products Manage Newsletters Feedback Terms of Service Privacy Policy Join the CNBC Panel © 2022 CNBC LLC. All rights reserved. A property of NBCUniversal.   900 Sylvan Avenue, Englewood Cliffs, NJ 07632   Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis.   Data also provided by THOMSON REUTERS

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