Some funds tend to hoard the big-volume stocks -- those that traded in much larger volumes than other companies' shares.
Every stock mentioned in this article averaged a trading volume of more than $1.3 billion of market activity over a recent five day period.
generated the highest dollar volume at $3.79 billion per day. At 13.11% of assets, no other holding of the
Berkshire Focus Fund
had more sway on fund performance at the end of the second quarter.
Another high-tech player,
totaled up a daily average of $1.64 billion in trades. This stock is the top holding of the
Biotechnology UltraSector ProFund
, at 20.19% of assets.
Six of the $1.3 billion-plus stocks represent financial sector giants. The first three,
Bank of America
, are the top three holdings of the
Banks UltraSector ProFund
. Together these three holdings account for almost half, or 48.34%, of this fund's invested assets.
The next two,
at 15.07% and
at 9.09%, lead off the portfolio list of the
Fidelity Select Banking Portfolio
By stacking up a daily average of $1.38 billion in trades,
, the top holding of
Fidelity Select Brokerage and Investment Management Portfolio
, is among the most active stocks.
Along with the holding listed above from the banking ProFund, the last three behemoths are index member of the Dow Jones Industrial Average. They also rank as the largest holding in their respective funds.
ProFunds-Technology UltraSector ProFund
at 11.81% of assets as of June 30.
leads the portfolio at
Vanguard Industrials Index Fund Adm
is the dominant stock position of the
Oil & Gas UltraSector ProFund
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,
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.