CBAUF - The Facebook trade is crowded but Apple isn't; here's the global list: Alpha Tactics

peterschreiber.media/iStock via Getty Images The Fed's hawkish tilt took its toll on the broader market this past week. The S&P (SPY) fell 1.9%, but the Nasdaq 100 (QQQ) managed a gain of 0.4%, thanks in part to four of the six megacaps stocks gaining, led by Amazon's (AMZN) 4% rise. Even with the rotation to the reflation trade this year, it'd be natural to think these popular stocks would still be among the popular destinations for managed cash. But in the latest measure of most crowded and uncrowded names, the Big 6 appear on both lists. The list highlights the stocks where global active fund managers are the most overweight and underweight. "Using the institutional ownership data provided by FactSet, we form an active trading portfolio by aggregating positions across global active managers," analyst Paul Winter writes in a note. "Essentially, we sum up all of the holdings in dollar

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The Facebook trade is crowded, but Apple isn't; here's the global list: Alpha Tactics