Knowing the best stocks to buy
, and when to buy them, can be a daunting task.
But looking at the moves of the largest hedge funds enables investors to gain insight into what the big boys are doing.
FactSet Research Systems Inc. (NYSE: FDS
), a financial research firm that provides analysis of the markets' biggest players, recently released its quarterly report on the stock positions held by the 50 largest hedge funds.
While the top held stock, Apple Inc. (Nasdaq: AAPL
), had its exposure in the overall funds reduced by 1.8 million shares, the list of most added stocks might surprise you.
Best Stocks to Buy: Where Hedge Funds are Investing
In the third quarter, overall the top 50 hedge funds increased their exposure to stocks by 3%.
Here's a rundown of the top 10 stocks that the top hedge funds were buying last quarter, listed in order by the amount of market value added to the funds.