Goldman’s Hedge Fund Basket Handily Beats S&P 500

The bank has tracked a collection of the 20 stocks with the highest percentage of hedge fund holders and says it’s regularly outpaced the stock index.

A basket of the 20 stocks with the largest share of their market capitalization held by hedge funds, as tracked by investment bank Goldman Sachs, has trounced the markets.

According to Goldman Sachs, this strategy — which it calls its hedge fund concentration basket — is beating the Standard & Poor’s 500 index by 9 full percentage points so far this year and is poised to outperform the market for the fourth straight year.

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