12 Rallying Large Caps Sold Off By Hedge Funds

If you like to follow the buying trends of “smart money” institutional investors such as hedge funds, you may be interested in this list.

We ran a screen on large-cap stocks rallying above their 20-day, 50-day, and 200-day moving averages for those seeing significant net institutional selling over the current quarter. Are hedge funds wrong, or do they know something the market hasn’t realized yet about these names?

Interactive Chart: Press Play to compare changes in analyst ratings over the last two years for the top six stocks mentioned below. Analyst ratings sourced from Zacks Investment Research.?

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We also created a price-weighted index of the stocks mentioned below, and monitored the performance of the list relative to the S&P 500 index over the last month. (To access a complete analysis of this list's recent performance, click here.)

Do you think hedge funds called it wrong? Use this list as a starting point for your own analysis.

List sorted by net institutional sales as a percent of share float.

1. O'Reilly Automotive Inc. (ORLY): Engages in the retail of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States. Market cap of $10.43B. The stock is currently trading at 3.18% above its 20-Day SMA, 6.63% above its 50-Day SMA, and 24.10% above its 200-Day SMA. Net institutional shares sold over the current quarter at 8.6M, which is 6.96% of the company's 123.61M share float. The stock has gained 31.29% over the last year.

2. AutoZone Inc. (AZO): Operates as a specialty retailer and distributor of automotive replacement parts and accessories. Market cap of $12.80B. The stock is currently trading at 0.71% above its 20-Day SMA, 0.56% above its 50-Day SMA, and 9.72% above its 200-Day SMA. Net institutional shares sold over the current quarter at 1.5M, which is 6.80% of the company's 22.06M share float. The stock has gained 19.51% over the last year.

3. Campbell Soup Co. (CPB): Engages in the manufacture and marketing of branded convenience food products worldwide. Market cap of $10.50B. The stock is currently trading at 3.04% above its 20-Day SMA, 1.07% above its 50-Day SMA, and 2.08% above its 200-Day SMA. Net institutional shares sold over the current quarter at 10.8M, which is 6.80% of the company's 158.85M share float. The stock is a short squeeze candidate, with a short float at 8.32% (equivalent to 6.33 days of average volume). The stock has lost 2.2% over the last year.

4. Goodrich Corp. (GR): Supplies aerospace components, systems, and services primarily in the United States, Canada, Europe, and the Asia Pacific. Market cap of $15.40B. The stock is currently trading at 0.50% above its 20-Day SMA, 0.80% above its 50-Day SMA, and 24.74% above its 200-Day SMA. Net institutional shares sold over the current quarter at 7.2M, which is 5.78% of the company's 124.62M share float. The stock has gained 41.67% over the last year.

5. Nielsen Holdings N.V. (NLSN): Operates as an information and measurement company worldwide. Market cap of $10.59B. The stock is currently trading at 3.59% above its 20-Day SMA, 3.02% above its 50-Day SMA, and 3.11% above its 200-Day SMA. Net institutional shares sold over the current quarter at 9.2M, which is 5.52% of the company's 166.74M share float. The stock has gained 0.% over the last year.

6. Lorillard, Inc. (LO): Engages in the manufacture and sale of cigarettes in the United States. Market cap of $14.99B. The stock is currently trading at 2.92% above its 20-Day SMA, 2.26% above its 50-Day SMA, and 7.59% above its 200-Day SMA. Net institutional shares sold over the current quarter at 7.0M, which is 5.19% of the company's 134.75M share float. Offers a good dividend, and appears to have good liquidity to back it up--dividend yield at 4.68%, current ratio at 1.92, and quick ratio at 1.7. The stock has gained 42.59% over the last year.

7. Motorola Solutions, Inc. (MSI): Provides business and mission critical communication products and services for enterprise and government customers worldwide. Market cap of $15.12B. The stock is currently trading at 1.25% above its 20-Day SMA, 1.88% above its 50-Day SMA, and 5.66% above its 200-Day SMA. Net institutional shares sold over the current quarter at 13.2M, which is 5.05% of the company's 261.49M share float. The stock has gained 27.32% over the last year.

8. Yahoo! Inc. (YHOO): Operates as a digital media company that delivers personalized digital content and experiences, across devices and worldwide. Market cap of $18.74B. The stock is currently trading at 3.59% above its 20-Day SMA, 2.03% above its 50-Day SMA, and 4.23% above its 200-Day SMA. Net institutional shares sold over the current quarter at 48.8M, which is 4.65% of the company's 1.05B share float. The stock has lost 8.98% over the last year.

9. Time Warner Inc. (TWX): Operates as a media and entertainment company in the United States and internationally. Market cap of $34.75B. The stock is currently trading at 3.24% above its 20-Day SMA, 3.32% above its 50-Day SMA, and 4.20% above its 200-Day SMA. Net institutional shares sold over the current quarter at 37.7M, which is 3.77% of the company's 1.00B share float. The stock has gained 12.14% over the last year.

10. ConocoPhillips (COP): Operates as an integrated energy company worldwide. Market cap of $92.65B. The stock is currently trading at 1.16% above its 20-Day SMA, 0.85% above its 50-Day SMA, and 0.15% above its 200-Day SMA. Net institutional shares sold over the current quarter at 47.0M, which is 3.53% of the company's 1.33B share float. The stock has gained 8.62% over the last year.

11. Lockheed Martin Corporation (LMT): Engages in the research, design, development, manufacture, integration, operation, and sustainment of advanced technology systems and products in the areas of defense, space, intelligence, homeland security, and government information technology in the United States and internationally. Market cap of $25.41B. The stock is currently trading at 3.67% above its 20-Day SMA, 4.88% above its 50-Day SMA, and 5.69% above its 200-Day SMA. Net institutional shares sold over the current quarter at 8.2M, which is 3.21% of the company's 255.24M share float. The stock is a short squeeze candidate, with a short float at 6.38% (equivalent to 7.84 days of average volume). The stock has gained 17.35% over the last year.

12. Raytheon Co. (RTN): Provides electronics, mission systems integration, and other capabilities in the areas of sensing, effects, and command, control, communications, and intelligence systems, as well as mission support services in the United States and internationally. Market cap of $16.25B. The stock is currently trading at 4.87% above its 20-Day SMA, 6.50% above its 50-Day SMA, and 3.94% above its 200-Day SMA. Net institutional shares sold over the current quarter at 10.7M, which is 3.11% of the company's 344.08M share float. The stock has gained 8.25% over the last year.

Institutional data sourced from Fidelity; all other data sourced from Finviz.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.