Publish date:

These Funds Hoard Big-Volume Stocks

Some managers are gravitating toward shares of firms such as GE and Apple.

We looked at which funds are hoarding big-volume stocks -- those that tend to be the most heavily traded.

All the companies mentioned in this article average more than $1 billion of market activity each day.

Five of the $1 billion-plus stocks are centered around the Internet and technology space.

Apple

(AAPL) - Get Apple Inc. (AAPL) Report

represented over 13% of the C- rated

Berkshire Focus Fund

(BFOCX) - Get Berkshire Focus Report

at year's end.

The E+ rated

Oak Associates Funds - Pin Oak Aggressive Stock Fund

(POGSX) - Get Pin Oak Equity Fund Report

has

Yahoo!

(YHOO)

as its top holding.

Microsoft

(MSFT) - Get Microsoft Corporation (MSFT) Report

is the third-biggest holding of the C rated

Old Mutual Focused Fund

(OAFCX)

.

Cisco Systems

(CSCO) - Get Cisco Systems, Inc. Report

is tops at

Rydex Series-Internet Fund

(RYINX) - Get Rydex Internet A Report

, currently rated E+.

Finally,

Intel

(INTC) - Get Intel Corporation (INTC) Report

accounts for about one quarter of all invested assets of the E- rated,

ProFunds-Semiconductor UltraSector Inv ProFund

(SMPIX) - Get ProFunds Semicond UltraSector Inv Report

.

The next three companies are still considered highly advanced technologically; however, their mission is to keep us healthy. Both

Merck & Co

(MRK) - Get Merck & Co., Inc. (MRK) Report

and

Pfizer

(PFE) - Get Pfizer Inc. Report

are concentrated atop the list of

ProFunds Pharmaceutical UltraSector Inv ProFund

(PHPIX) - Get ProFunds Pharm UltraSector Inv Report

holdings.

While they deliver the life-saving drugs,

Procter & Gamble

(PG) - Get Procter & Gamble Company Report

dominates the consumer-product related health care sector, and is the biggest holding of the C+ rated

ProFunds Consumer Goods UltraSector Inv ProFund

TheStreet Recommends

(CNPIX) - Get ProFunds Consumer Goods Ultra Inv Report

.

The next two companies are stock-market behemoths.

Wal-Mart Stores

(WMT) - Get Walmart Inc. Report

is gobbling up business from mom-and-pop retailers, while the D- rated

Rydex Series - Retailing Fund

(RYRTX) - Get Rydex Retailing A Report

seems to have tried to do the same with Wal-Mart shares.

Another large company,

General Electric

(GE) - Get General Electric Company (GE) Report

, has bought so many companies in the last 122 years that it has been compared to a mutual fund. The A rated

Vanguard Industrials Index Adm Fund

(VINAX) - Get Vanguard Industrials Index Adm Report

has about one-fifth of its assets in shares of GE.

Three of the most highly liquid shares are also the top three holdings of the E- rated

ProFunds-Bank UltraSector Inv ProFund

(BKPIX) - Get ProFunds Bnks UltraSect Inv Report

.

Citigroup

(C) - Get Citigroup Inc. Report

,

Bank of America

(BAC) - Get Bank of America Corp Report

, and

JPMorgan Chase

(JPM) - Get JPMorgan Chase & Co. (JPM) Report

all regularly trade more than $1 billion of shares per day.

Lastly, the price of a barrel of oil bounced right back. Energy stocks like

Exxon Mobil

(XOM) - Get Exxon Mobil Corporation Report

,

Chevron

(CVX) - Get Chevron Corporation Report

and

ConocoPhillips

(COP) - Get ConocoPhillips Report

are still among the most heavily traded.

These are the top three holdings of the B- rated

ProFunds - Oil & Gas UltraSector Inv ProFund

(ENPIX) - Get ProFunds UltraSector Oil&Gas Inv Report

and the C+ rated

Vanguard Energy Index Adm Fund

(VENAX) - Get Vanguard Energy Index Adm Report

. The former has the higher concentration of Exxon Mobil, while the latter holds proportionally more of the other two.

Important disclaimer: These stocks are so liquid that any of the above funds may have already liquidated their position in these companies by the time you read this article.

For an explanation of our ratings,

click here

.

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.