Hedge funds make their money choosing which stocks they think will succeed and fail.
Goldman Sachs recently updated its Very Important Position list of stocks, which are among the top 10 holdings for a large number of hedge funds.
It's worth noting that the rankings are based off of funds' 13-F filings with the SEC for the third quarter of 2017, and so their holdings may have changed since.
Here are the 17 stocks that showed up most often in hedge funds' lists of their top 10 holdings.
SEE ALSO: Hedge funds are betting billions that these 17 stocks are going to implode
17. Netflix
Ticker: NFLX
Subsector: Internet & Direct Marketing Retail
No. of funds with stock as a top-10 holding: 24
No. of funds with 10 to 200 positions owning stock: 40
% of equity cap owned by hedge funds: 10%
Year-to-date total return: 58%
16. C. R. Bard Inc.
Ticker: BCR
Subsector: Healthcare Equipment
No. of funds with stock as a top-10 holding: 24
No. of funds with 10 to 200 positions owning stock: 28
% of equity cap owned by hedge funds: 18%
Year-to-date total return: 49%
15. Dell Technologies
Ticker: DVMT
Subsector: Systems Software
No. of funds with stock as a top-10 holding: 25
No. of funds with 10 to 200 positions owning stock: 44
% of equity cap owned by hedge funds: 30%
Year-to-date total return: 48%
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