Goldman Sachs VIPs: 5 Top Hedge Fund Stock Picks

Hedge funds often are referred to as the "smart money," and right now, their stock picks are proving them right.

Goldman Sachs recently released a report revealing that its list of hedge fund VIP stocks are greatly outperforming the market. These are stocks that feature heavily as top-10 holdings based on the latest SEC filings for 848 funds investing a total of $2.3 trillion.

Goldman chief U.S. equity strategist David Kostin says these VIP stocks are "most positively correlated with growth stocks, a strategy that has delivered extraordinary returns during the past 18 months." In 2018 alone, growth stocks are up 4% on average - significantly better than the 2.9% return of the Standard & Poor's 500-stock index.

Kostin says this trend in the category is here to stay: "2019 should continue to benefit growth stocks."

Here are five hedge fund stock picks that are really setting Wall Street ablaze. We used to assess the