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Following the stocks hedge funds agree on: the Hedge Fund Conviction Index

Following the stocks hedge funds agree on: the Hedge Fund Conviction Index.

Chris Josephs7 min read

I'm Chris, one of the co-founders of Autopilot. Instead of picking one manager and following them, this asks a different question: what do a lot of them own at the same time. That's a real strategy with a real weakness, and both are worth understanding.

One thing first, because we're an SEC-registered investment adviser and I have to say it. Autopilot is the app. The actual investment advice comes from Autopilot Advisers, LLC. If you want the full legal version of anything in here, it's on our disclaimer page.

The idea

Any single manager can be wrong, early, or running a strategy that doesn't suit you. Aggregating across many of them is supposed to filter out the idiosyncratic stuff and leave what a lot of professional money agrees on.

It's the same reason people look at consensus in any field. A stock one fund likes passed one test. A stock forty funds hold passed forty, under frameworks that weren't designed to agree with each other.

The Portfolio on Autopilot

The Hedge Fund Conviction Index is published by a Pilot called Wall St. Rank and managed by Autopilot Advisers. Its description says it's a purely data-driven strategy matching hedge fund allocation consensus across long-only funds with unanimous positive equity analyst ratings, and that the Pilot monitors fund disclosures from EDGAR alongside premium analyst data.

So it's two filters stacked: what funds hold, and what analysts rate. The description says the monitoring covers thousands of live funds.

The weakness, said plainly

Consensus is crowded. The stocks a lot of funds own are the ones that get sold at the same time when those funds need cash, which is exactly when you'd want them to hold up.

Everything here also inherits the 13F delay. A consensus built from quarterly filings is a consensus about last quarter, and it can be weeks old when it arrives.

And a consensus portfolio tends to look like a large-cap index with extra steps. That's not necessarily bad, but you should compare it to one before you pay for it. What the filings can and can't tell you is in What's a 13F, and can you actually see what Warren Buffett bought last quarter?.

Who this suits

Somebody who wants professional-money exposure without betting on one manager's judgment or one manager's style, and who understands they're buying what's already widely owned.

If you specifically want a single manager's book, a tracker is the other shape, and those are in The hedge fund and Wall Street Portfolios.

How following works

You pick the Portfolio, connect the brokerage you already use, and allocate money. You give Autopilot Advisers limited authority to send orders to the account you already have. When the Portfolio changes, we send them and your broker fills them. The money stays put.

A flat cash subscription, not a percentage of your balance. Per our Form CRS dated February 2026, Basic Tier has no Base Advisory and Licensing Fee, and Premium Tier is $29.99 to $199.99 a quarter or $99.99 to $699.99 a year. Pilot subscriptions are separate and add on if you follow more than one Portfolio. Because it's a flat dollar amount, it's a bigger share of a small account than a big one, so do the math at your balance.

Frequently asked questions

hedge fund consensus tracker app

Autopilot has a consensus Portfolio published by an independent Pilot, built from fund disclosures on EDGAR combined with analyst ratings rather than from one manager's book.

app that follows the most owned hedge fund stocks

That's the Hedge Fund Conviction Index. Pick it, connect your brokerage, allocate money, and when the Portfolio changes we send the orders and your broker fills them.

Most owned stocks by hedge funds

They're derivable from quarterly 13F filings, which arrive 45 or more days after quarter end. A consensus built from them is a consensus about last quarter.

Which stocks do the most hedge funds hold?

Aggregating filings answers that, and the answer tends to be large, widely held companies. Crowding is the risk: those are the positions sold together when funds need cash.

Start Investing

Since Autopilot Advisers is an SEC-registered investment adviser, we have to put disclaimers on stuff like this. They're below, and the full version is on our disclaimer page.


Disclosures

© Autopilot Holdings Corporation 2026 — All rights reserved. “Autopilot” refers to Autopilot Holdings Corporation and its wholly-owned, and separately managed subsidiaries, including Autopilot Advisers, LLC, an SEC-registered investment adviser. All investing is subject to investment risks, including possible loss of the principal invested, and past performance is not indicative of future results. View our Customer Relationship Summary and other important information at joinautopilot.com/disclaimer.

This information is provided by Autopilot for educational and illustrative purposes only and is not a recommendation, an offer to sell or the solicitation to buy any security. Autopilot relies on information from various sources believed to be reliable, including information from Clients, Pilots and other third parties, but cannot guarantee the accuracy or completeness of that information. Autopilot does not provide tax or legal advice and you are encouraged to consult with professionals before making investment decisions.

Autopilot is not affiliated with, sponsored, or endorsed by the companies listed, described, or featured on its site. Company logos or trademarks used do not imply endorsement and are the property of their respective owners.

Investing involves risk, including the possible loss of principal. Past performance does not guarantee future results. You should carefully consider your investment objectives, risk tolerance, and time horizon before investing through Autopilot.

Autopilot Advisers, LLC is an SEC-registered investment adviser. Registration as an investment adviser does not imply a certain level of skill or training. Additional information about Autopilot is available in our Form ADV Part 2A, available at adviserinfo.sec.gov or joinautopilot.com/adv.

Autopilot provides limited investment advisory services focused on Portfolio selection and suitability assessment. Our services are not intended to replace comprehensive financial planning. We recommend consulting with a qualified financial advisor regarding your complete financial situation.

This content is provided for educational and informational purposes only. It does not constitute investment, legal, or tax advice and should not be relied upon as the basis for any investment decision. You should consult with qualified professionals regarding your specific circumstances.

Autopilot does not provide tax, legal, or accounting advice. You should consult with qualified tax and legal professionals regarding your specific circumstances.

Autopilot does not hold client assets. All investments are held at the brokerage firm you select and connect to Autopilot. Your brokerage firm is responsible for trade execution, custody, and reporting. Autopilot is not responsible for your broker-dealer’s services, fees, or execution quality.

Autopilot’s services depend on technology systems, third-party APIs, and internet connectivity. System outages, API disruptions, or connectivity issues may temporarily affect service availability or trade execution timing.

Client account holdings are designed to track the Portfolio you’ve selected, but your actual holdings and performance may differ from the Portfolio due to execution timing, market conditions, brokerage capacity constraints, fractional share availability, and other factors outside Autopilot’s control.

For Portfolios inspired by publicly disclosed trading activity, there may be a delay between when a Pilot executes a trade and when that trade becomes publicly available and is incorporated into the Portfolio. This timing delay may affect the suitability or performance of trades when executed in client accounts.

The Hedge Fund Conviction Index is published by Wall St. Rank, an independent Pilot, and managed by Autopilot Advisers, LLC. The funds described are not affiliated with Autopilot, do not manage this Portfolio, and have not endorsed it. Filing delays mean consensus data reflects prior quarters. Fee amounts are quoted from Form CRS dated February 2026 and may change.