XYL - What the qaunts want: here are the top 10 stocks: Sector Watch
Yuichiro Chino/Moment via Getty Images According to Bank of America's recent survey, most institutional investors consider themselves as quant investors of some kind. BofA Securities issued its 30th Annual Institutional Factor Survey last week. "Since 2013 when we began asking investors whether they were purely quantitative, purely fundamental, or a mix of the two, in most years we have seen a majority claim to use a mix of quantitative and fundamental strategies - including 64% today," BofA strategists led by Savita Subramanian write in the survey. Just 3% consider themselves purely quantitative, while 33% consider themselves purely fundamental. "Web scraping and alternative data are the most used quantitative tools as 23% of respondents are current users of each," Subramaniam says. "Online data currently dominates the usage with 27% of respondents using web searchers (e.g. Google Trends), 24% of users citing social media websites (where Twitter (17%) and Reddit (11%) were
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What the qaunts want: here are the top 10 stocks: Sector Watch