Two major investor groups with $6 trillion at work agree these are good stocks, according to Goldman analysis

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Among their positions, seven shared favorites emerged across sectors including financials, technology and health care.

Hundreds of mutual funds and hedge funds overlap in their investments, creating some shared favorites between the two different investment vehicles, according to Goldman Sachs. The firm published two reports last week which looked at several funds' holdings at the end of the first quarter of this year, specifically analyzing 707 hedge funds with $2.7 trillion of gross equity positions and 482 mutual funds with $3.3 trillion of equity assets under management.

They also maintained pro-cyclical exposures. Inside the basket, data center equipment firm Vertiv has the highest year-to-date performance. The company has been touted as an alternative way to invest in the booming development of AI-related data centers, as its liquid cooling offerings could make it a key beneficiary of the transition to liquid from air cooling technologies in an effort to increase energy efficiency.

 

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