The most crowded trades in institutional investing
Which companies are held by the largest number of major funds at once?
Microsoft is held by more of the 105 funds we track than any other company. The most crowded names are almost entirely mega-cap technology, which means the 'diversified' institutional portfolio is a good deal less diversified than it looks.
Number of funds holding
Computed live from our database when you loaded this page. Nothing here is hand-typed, so nothing here can go stale.
| Ticker | Company | Funds holding | Total held |
|---|---|---|---|
| MSFT | MICROSOFT CORP | 76 | $96.2bn |
| AMZN | AMAZON.COM INC | 75 | $91.5bn |
| GOOGL | ALPHABET INC-CL A | 70 | $84.2bn |
| GOOG | ALPHABET INC-CL C | 60 | $52bn |
| META | META PLATFORMS INC-CLASS A | 58 | $53.2bn |
| TSM | TAIWAN SEMICONDUCTOR-SP ADR | 57 | $41bn |
| V | VISA INC-CLASS A SHARES | 55 | $28.7bn |
| NVDA | NVIDIA CORP | 48 | $97.2bn |
| AAPL | APPLE INC | 46 | $121bn |
| MA | MASTERCARD INC - A | 45 | $23bn |
| BRK/B | BERKSHIRE HATHAWAY INC-CL B | 45 | $21.3bn |
| UNH | UNITEDHEALTH GROUP INC | 42 | $18.4bn |
| DIS | WALT DISNEY CO/THE | 42 | $6bn |
| AVGO | BROADCOM INC | 40 | $63.4bn |
| UBER | UBER TECHNOLOGIES INC | 37 | $14.7bn |
| TMO | THERMO FISHER SCIENTIFIC INC | 36 | $10.3bn |
| BAC | BANK OF AMERICA CORP | 35 | $36.5bn |
| MCO | MOODY'S CORP | 35 | $21.5bn |
| AMAT | APPLIED MATERIALS INC | 34 | $21.1bn |
| JPM | JPMORGAN CHASE & CO | 34 | $20.1bn |
| SPGI | S&P GLOBAL INC | 34 | $11.7bn |
| WFC | WELLS FARGO & CO | 33 | $13.1bn |
| DHR | DANAHER CORP | 33 | $9.3bn |
| ELV | ELEVANCE HEALTH INC | 32 | $9.6bn |
| AXP | AMERICAN EXPRESS CO | 31 | $52.4bn |
Live from our database. 25 rows shown.
- Count of distinct funds reporting a common-stock position in each company, in the Q1 2026 filings.
- Options lines excluded. Only companies held by 10 or more funds are shown.
- Crowding is not a prediction. Crowded trades can stay crowded for years, and the most crowded names are crowded partly because they are the largest companies on earth.
- A quantitative fund holding 5,000 names will appear here alongside a concentrated stock-picker holding 20. Being 'held' by Citadel means something very different from being held by Berkshire.
Free to quote, chart or republish with attribution. Cite as: SteadyShares, The most crowded trades in institutional investing, https://steadyshares.com/research/most-crowded-trades. If you are a journalist and want the underlying query or a different cut of the data, ask and we will run it.
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