These Funds Love Big-Volume Stocks - TheStreet

These Funds Love Big-Volume Stocks

The Berkshire Focus Fund is among those that have a big stake in a much-traded security.
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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.

Apple

(AAPL) - Get Report

generated the highest dollar volume at $3.79 billion per day. At 13.11% of assets, no other holding of the

Berkshire Focus Fund

(BFOCX) - Get Report

had more sway on fund performance at the end of the second quarter.

Another high-tech player,

Amgen

(AMGN) - Get Report

totaled up a daily average of $1.64 billion in trades. This stock is the top holding of the

Biotechnology UltraSector ProFund

(BIPIX) - Get Report

, at 20.19% of assets.

Six of the $1.3 billion-plus stocks represent financial sector giants. The first three,

JPMorgan Chase

(JPM) - Get Report

,

Bank of America

(BAC) - Get Report

, and

Citigroup

(C) - Get Report

, are the top three holdings of the

Banks UltraSector ProFund

(BKPIX) - Get Report

. Together these three holdings account for almost half, or 48.34%, of this fund's invested assets.

The next two,

Wells Fargo

(WFC) - Get Report

at 15.07% and

Wachovia

(WB) - Get Report

at 9.09%, lead off the portfolio list of the

Fidelity Select Banking Portfolio

(FSRBX) - Get Report

.

By stacking up a daily average of $1.38 billion in trades,

Visa

(V) - Get Report

, the top holding of

Fidelity Select Brokerage and Investment Management Portfolio

(FSLBX) - Get Report

, 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.

Microsoft

(MSFT) - Get Report

tops the

ProFunds-Technology UltraSector ProFund

(TEPIX) - Get Report

at 11.81% of assets as of June 30.

General Electric

(GE) - Get Report

leads the portfolio at

Vanguard Industrials Index Fund Adm

(VINAX) - Get Report

. And,

Exxon Mobil

(XOM) - Get Report

is the dominant stock position of the

Oil & Gas UltraSector ProFund

(ENPIX) - Get Report

.

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.

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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.