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Here are the hedgies' favorite health-care stocks

A research lab at Merck
John Tlumacki | The Boston Globe | Getty Images

With the Health Care Select Sector SPDR Fund ETF just a few percentage points below record highs, here are the names the best health-care stock picking hedge funds think will ride any rally higher.

CNBC PRO used, a hedge fund tracking research firm, to find the top health-care stocks owned by hedge funds with the best records at picking names in the sector. This search reflects the latest fund filings that hit Wall Street this week. 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 health-care stock pickers and the names they own.