Institutional Ownership Driving Momentum?

Another investment idea that piggy backs off of Bespoke Investment Group’s great research. Bespoke broke down the S&P 500 into groups of 50 based on levels of institutional ownership, and looked at the performance of those groups since the November 20th market low. What they discovered was that those stocks with the highest amount of institutional ownership were the best performers. Specifically, the most widely owned group of 50 stocks was up +35% since 11/20,… Read More