A few focused mutual funds attempt to hoard big-volume stocks -- those that trade frequently. Every stock mentioned below had average volume of more than $1 billion of market activity over a recent five-day period.
If you prefer buying mutual funds over individual stocks but want exposure to these fast-moving shares, the following funds may interest you. Remember, the stocks are so liquid, any of the funds may have already liquidated their position in these companies by now.
ranks at the top of all U.S. common stocks for the highest dollar volume of trading. Apple stock averaged $4.76 billion per day over a recent five trading days. At 14% of assets, Apple is also the No. 1 holding of the
Berkshire Focus Fund
Bank of America
is the second most actively traded stock in our study at $3.04 billion. At 16.5% of assets, it is the second-largest holding of the
Banks UltraSector ProFund
at 18% and ahead of
Two other financial stocks made the $1 billion cut.
at 14.3% and
with 10.3% are the top two positions of the
Fidelity Select Banking Portfolio
ranks third in dollar trading volume at $2.3 billion. Exxon makes up a whopping 24.4% of the
Oil & Gas UltraSector ProFund,
, at 18.4% of assets, is the biggest holding of the
Fidelity Select Energy Services Fund
at 13.9% of assets and
at 9.9% are top holdings of
Fidelity Select Software and Computer Services Portfolio
For an explanation of our ratings,
Kevin Baker became the senior financial analyst for TSC Ratings upon the August 2006 acquisition of Weiss Ratings by TheStreet.com, covering mutual funds. He joined the Weiss Group in 1997 as a banking and brokerage analyst. In 1999, he created the Weiss Group's first ratings to gauge the level of risk in U.S. equities. Baker received a B.S. degree in management from Rensselaer Polytechnic Institute and an M.B.A. with a finance specialization from Nova Southeastern University.