MFFAIS.com featured their Quarterly Commer Banks Non-Us Industry Rundown. Mffais.com compiles the statistics from recent SEC filings by mutual funds and institutions to determine the positions taken and confidence in stocks by professional mutual fund managers and institutional investors.
Highlights included:
* Hsbc Holdings Plc (HBC) leads industry in number of funds buying shares 4.71% of industry buys
* Credito Bergamasco Spa (CB.MI) had the highest overall confidence score (relation of funds buying versus fund selling)
* Banco Santander Sa (STD) had second highest number of funds buying shares 3.92% of industry buys
* Industrial And Commercial Bank Of China (IDCBY) had the second highest overall confidence score (relation of funds buying versus fund selling)
* The top 30 moves by funds in the industry by value of trade shows:
a) 70.00% buys versus 30.00% sells
b) Bank Of China Ltd (BACHF) buys were 20.00% of all activity, 28.57% of number of buys and 69.94% of value of buy trades
c) Unicredit Spa (UCG.MI) buys were 23.33% of all activity, 33.33% of number of buys and 15.18% of value of buy trades
* When institutions own multiple industry stocks, the most bought industry stock was Hsbc Holdings Plc (HBC)
* When institutions own multiple industry stocks, the most sold industry stock was Hsbc Holdings Plc (HBC)
For details of the "Stock Picks of Institutional Investors!", including purchasing history and buying patterns, please visit http://www.mffais.com
