Where do the best mutual funds place their biggest bets? caterpillar (CAT), Charles Schwab (SCHW), Applied materials (AMAT), FedEx (FDX), Square (SQ) and Morgan stanley (MRS) are leading this list of significant investments in four in-demand sectors.

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Coming from the machinery sector, mining and construction giant CAT tops the list, raising around $ 1.5 billion from the best funds in the latest report. Leader in agricultural machinery Deere (OF) has also joined the harvest of companies experiencing strong institutional demand.

Among semiconductor stocks, Lam Research (LRCX), ASML (ASML), ON Semiconductor (AT) and Brooks Automation (BRKS) joined the AMAT stock.

Several financial sector stocks were also cashed with SCHW, SQ and MS stocks. Goldman Sachs (GS), Western Alliance Bancorp (WAL), Citizens’ finance (CFG) and Equifax (EFX) also made the note.

In the transport sector, FedEx stock and its competitor United parcel service (UPS) both made around $ 445 million from top mutual funds.

Note: Be sure to check out these Excel files to see all of the actions on the latest new buy list and new sell list by top mutual funds.

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Best Mutual Fund Buys Pick Up Stocks Near Buy Zones

With the Market Pulse showing the bullish stock market trend under pressure, stock indices continue to test resistance. As this cat and mouse game of support and resistance plays out, some stocks held by the best mutual funds are setting new graphical patterns while others have already broken out or are in the process of breaking down. collapse.

Morgan Stanley and GS stock, as well as UPS stock and Yeti (YÉTI), fall into the camp of small groups. CAT stock erupted in early May and remains in a buy zone after finding support at its 10-week moving average.

As AMAT and LRCX stocks appear to represent a force in the semiconductor industry, Kulicke & Soffa Industries (KLIC) tries to bounce back from a failed breakout. After crossing a buy point of 52.65 in April, KLIC shares fell sharply in early May despite soaring earnings. But the semiconductor OEM has now bounced back to test its 10-week line.

However, several actions from various sectors are setting up new graphic schemes.

AMAT and LRCX shares have formed new ground as ON Semiconductor tries to capitalize on its peak earnings growth of 250% last quarter.

SQ stock joined Generac (GNRC), Zebra Technologies (ZBRA) and Tempur Sealy (TPX) trying to create new buying opportunities.