Hedge funds trades have just been revealed for the last quarter, with the release of 13F forms funds file with the SEC. Based on the latest trades, Goldman Sachs has compiled a list of 50 “Hedge Fund VIP Stocks”. These are the stocks that appear most often in the top 10 holdings of over 800 fundamentally-driven hedge funds in the second quarter.

The best part about this list: Goldman Sachs has calculated that these stocks have delivered a whopping 19% return so far this year vs just 12% for the S&P 500.

Let’s now take a closer look at Goldman Sachs’ top 5 hedge fund VIP stocks. Using our big data analytics, we can also track the stock’s overall outlook from the Street. This gives us a better idea of whether these stocks make compelling investment opportunities:

1: Facebook (NASDAQ:FB)

Total returns year-to-date: 45%

This social media giant has a Strong Buy analyst consensus and 15% upside potential. Five-star SunTrust Robinson analyst Youssef Squali says Facebook is “king of the social web” due to its growing overall global reach of about 70% of internet users worldwide across all its platforms. Squali initiated his FB coverage with a $210 price target.

2: Amazon (NASDAQ:AMZN)

Total returns year-to-date: 28%

The No.1 e-commerce stock, AMZN has a Strong Buy analyst consensus and big upside potential of 23%. R.W. Baird’s Colin Sebastian says he is pleased overall with the “rapid pace of innovation” in the face of “ongoing competition from Google Cloud, Microsoft Azure, and others.” A key example: Hulu has just picked AMZN’s AWS cloud service for its first big move into the cloud. Sebastian reiterated his $1,100 price target on August 15.

3: Alibaba (NYSE:BABA)

Total returns year-to-date: 91%

Chinese e-commerce giant BABA has a Strong Buy analyst consensus rating with 8% upside potential. This isn’t surprising as BABA just reported very strong results for the last quarter. On August 17, top RBC Capital analyst Mark Mahaney ramped up his price target on BABA to $185 from $169. He says: “We view BABA as a Premium-Growth/Premium-Profit Asset and view the run-up in shares year-to-date as fully warranted given fundamental trends and growth runway”.

4: Time Warner (NYSE:TWX) 

Total returns year-to-date: 5%

Cable TV company Time Warner is the odd one out in this list. The stock has a Hold analyst consensus rating due to the pending AT&T takeover deal worth $85 billion. In the last 18 days the stock has also been downgraded twice including from Jefferies analyst John Janedis. He says the takeover appears on track to close in Q4. His $105 price target is a 4% upside from the current share price.

5: Alphabet (NASDAQ:GOOGL)

Total returns year-to-date: 17%

Google has one of the most bullish ratings on the Street with 31 buy ratings and only 3 hold ratings in the last three months. Predicted upside comes in strong at 18.65%. Overall Google is giving stakeholders access “to some of the fastest growing and most exciting trends within the global economy at an attractive valuation” according to analyst Youssef Squali. But he adds that “decelerating growth, margin pressures and regulatory concerns in the short/medium-term are important considerations to keep an eye on.” As such, he initiates a Buy rating on GOOGL stock with a price target of $1,100 (16% upside from current share prices).

Plus…

Other top hedge fund stocks to watch out for include: Charter Communications (NASDAQ:CHTR), Microsoft (NASDAQ:MSFT), NXPI Semiconductors (NASDAQ:NXPI), Visa (NYSE:V) and Apple (NASDAQ:AAPL)