Want to know the most popular US stocks among active fund managers?
A Credit Suisse team led by Lori Calvasina looked at "long only, actively managed" small-, mid-, and large-cap funds to find the answer.
Microsoft was the most crowded US stock, with 378 large-cap funds holding long positions. Apple (369) and Google (352) were close behind.
The Credit Suisse team says its ranking, which incorporates holdings of both retail and institutional funds, is more robust than other studies.
The bank advised that "as a general rule, we tend to be wary of owning too many Darlings given less opportunity for differentiation, and potential for underperformance if bad news emerges."
We present the 12 most popular US stocks among large-cap funds, according to Credit Suisse, below.
12. Merck & Co.

Ticker: MRK
Industry group: Pharma, biotech
Market cap: $174.2 billion
No. of large-cap funds: 227
1Q '17 to-date performance: 7.8%
Source: Credit Suisse
Click here for a real-time Merck & Co. chart.
11. Home Depot

Ticker: HD
Industry group: Retailing
Market cap: $176.8 billion
No. of large-cap funds: 230
1Q '17 to-date performance: 9.6%
Source: Credit Suisse
Click here for a real-time Home Depot chart.
10. Amazon

Ticker: AMZN
Industry group: Retailing
Market cap: $418.1 billion
No. of large-cap funds: 231
1Q '17 to-date performance: 16.9%
Source: Credit Suisse
Click here for a real-time Amazon chart.
See the rest of the story at Business Insider