Money managers from endowments to hedge funds to mutual funds must file 13Fs each quarter that show their long equity positions. Below we highlight the sector weightings for these institutions based on all of the 13Fs filed. As shown, money managers collectively have 18.5% of their long portfolios in the Financial sector, which is the highest weighting for any sector. Technology ranks second at 16.8%, followed by Health Care (12.9%), Energy (12%), and Industrials (10.3%).
The second chart compares these weightings with the sector weightings of the S&P 500. As shown, institutions are overweight the Financial sector the most and underweight Consumer Staples the most.
Subscribe to Bespoke Premium for a closer look at institutional holdings.
Interesting that energy & materials are nearly at opposite ends of the spectrum with energy more than 2 /12 times more heavily weighted than materials.
Posted by: dave | August 13, 2009 at 02:05 AM
Thank you again.
Posted by: Andre Payne | August 13, 2009 at 09:24 AM