We’ve identified the 10 most popular shares from our database of the 6,954 equity holdings of the world’s best fund managers. These are truly the best of the best: companies where Fix the Future has found multiple elite managers with career-defining, high-conviction bets.

• What is Fix the Future?
• How we measure conviction
• How we find elite managers and elite stocks

Although we can measure how positive fund managers are about a stock through their holdings, we can’t take account of how negatively those managers who don’t hold it feel. That is a consideration with the stock that tops our list of 10. It’s a real love-it-or-hate-it number.

For some, Tesla is a grossly overpriced car company with a loud-mouthed and irresponsible founder. For others, it is set to be the Microsoft of self-driving software with multiple green opportunities in batteries as well as electric vehicles thanks to the visionary genius of Elon Musk.

Microsoft itself also features in our top 10, attracting elite managers with its utility-like services coupled with high margins and relentless growth. Also from the world of big tech is AI pioneer and Google owner Alphabet, which itself has interests in the world of autonomous cars, among many other things.

Two other top 10 elite stocks, Taiwan Semiconductor and France’s Capgemini, herald from the world of tech.

The rest are more eclectic. Industrial gases specialist Linde offers a play on the growing consensus that hydrogen has a hugely important role in storing green electricity as well as decarbonising commercial transport and industrial processes.

UnitedHealth looks set to benefit from demographic trends in the US, particularly the rising proportion of over-65s.

Some of the top 10 tap into trends associated with emerging prosperity in some of the world’s fastest-growing regions. This includes Chinese high-end alcoholic drinks company Kweichow Moutai, which benefits from growing wealth in its markets. The prospects of ICICI Bank are linked to the strong, long-term economic growth story in its home market, India. E-commerce giant MercadoLibre meanwhile represents a play on Latin American economies.

All 10 stocks link to Fix the Future themes, which can represent positive or negative influences on an investment case. But the list itself is based entirely on the conviction towards the stocks expressed by the 500-or-so elite fund managers we track, rather than any judgment on whether the companies are making the world a better or worse place.