During the last quarter, hedge fund traders were bullish on five stocks in the area of Consumer Services. These five stocks include McDonalds, Comcast, Liberty Global, Charter Communications, and Amazon.com. Insider Monkey which composes a small cap strategy portfolio of stocks, takes the best of the hedge fund picks, and puts them together. Their strategy has returned 118% since the middle of 2012, beating the S&P 500 by almost 100% according to the company. These stocks are some of that portfolio.

Amazon has been a strong performer and hedge funds piled into the stock during the period ending June 30th. The company started delivering packages on Sundays and Holidays through the United State Postal Service. The only downside is the companies lack of strong profits and a small lawsuit from authors that are feeling squeezed by the retail giant.

Hedge Funds also bought shares of Charter Communications but the stock moved lower as some feared a declining environment for traditional cable providers. The Time Warner merger is still in the process of completion which would bolster the companies dominance in the home entertainment sector.

Liberty Global was widely held by hedge funds at the of the quarter, although overall value and shares were declining.

McDonalds and Comcast, similar to Liberty Global, saw a declining investment although the overall value remained great.