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Sneak Peek: 5 Stocks Hedge Funds Love This Fall

Stocks in this article: ACE BIDU GM TEL TXN

General Motors

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Last, but certainly not least, is General Motors ( GM). Hedge funds added more than three quarters of a million shares of GM to their portfolios in the most recent quarter, hiking their total position in the stock to more than $112 million. Big industry trends bode well for this reborn Detroit automaker right now.

>>5 Stocks Poised for Breakouts

First of all, the big market cycles make sense to for car companies in 2013. The Fed is bending over backwards to keep interest rates at or near zero, and President Obama's nomination of Janet Yellen for the top Fed job should help keep that accommodative policy intact. Translation: Car loans will remain cheaper than ever before. The stretched-out age of the average U.S. car is another big driver of car sales growth. As consumers look to replace their worn out vehicles, GM should benefit in a big way.

And finally, you can't overstate how much GM itself has changed in the last five years. The firm shed unprofitable brands and significantly improved its build quality, churning out cars that are dramatically more competitive with their Japanese rivals than ever before. As the ex-U.S. market continues to grow, the firm should have ample runway ahead of it for growth.

To see these stocks in action, check out the Q3 2013 Institutional Buys portfolio on Stockpickr.



-- Written by Jonas Elmerraji in Baltimore.

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Follow Stockpickr on Twitter and become a fan on Facebook.

At the time of publication, author had no positions in stocks mentioned.

Jonas Elmerraji, CMT, is a senior market analyst at Agora Financial in Baltimore and a contributor to TheStreet. Before that, he managed a portfolio of stocks for an investment advisory returned 15% in 2008. He has been featured in Forbes , Investor's Business Daily, and on CNBC.com. Jonas holds a degree in financial economics from UMBC and the Chartered Market Technician designation.

Follow Jonas on Twitter @JonasElmerraji

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