With the Nasdaq composite just below record highs, here are the stocks the best tech stock-picking hedge funds think will ride any rally higher.
CNBC PRO used Symmetric.io, a hedge fund tracking research firm, to find the top tech stocks owned by hedge funds with the best records at picking stocks in the sector. This search reflects the latest fund filings that hit Wall Street this week.
Symmetric.io graded the stock-picking ability of more than 1,000 hedge funds in its database with a proprietary indicator called StockAlpha. It is derived by comparing the performance of equities found in quarterly fund filings with that of a sector ETF.
Here are top tech stock pickers and the names they own.