Top 10 stocks for professional investors: 50% USA + 50% Europe

Shares of US giants Microsoft, Apple, Amazon, Alphabet and the German company SAP were the top 5 investments of professional investors at the end of 2023, according to the latest mutual fund analysis from Universal Investment, which shows that professionals are continuing to focus heavily on the technology sector. At the end of 2023, they had removed Nestlé and Berkshire Hathaway from their portfolios compared to 2022 replacing them with the semiconductor group ASML and the pharmaceutical group Roche. The analysis also shows that Europe and the USA are evenly balanced with five companies each.

Katja Mueller, CCO of the Universal Investment Group, explains: "Tech stocks, particularly those that make up the so-called ‘magnificent 7’ of US tech firms, have been the measure of all things for so many years. However, it is also evident that market developments and trends in other sectors are reflected in the investments, such as the discussion about bringing the chip industry back to Europe or the success of Novo Nordisk's slimming product."

The shares invested on the Universal Investment platform currently have a total value of 75.4 billion euros, of which around 7.9 per cent is invested in the top 10 companies.