It's a VIP list but not as we know it. Goldman Sachs has published a list of Very Important Positions for hedge funds (see Chart 1) and tracked how well the list has performed in the stock market since 2001.

These are the 50 stocks that most frequently appear among the largest 10 holdings of fundamentally-driven equity hedge funds, according to Goldman's quarterly hedge fund trend monitor, which tracks how 699 funds position $1.2 trillion in gross equity assets.