Amazon has been leading the top pack of technology stocks among billionaire traders on the Wall Street. Most of the top-10 technology stocks are on the buy list of billionaire traders.

However, it cautioned that 2016 may not be equally rosy for stocks such as Facebook, Amazon, Netflix, and Google (FANG). 

The 2015 year has been favoring billionaire investors, who are buyers in technology stocks. Market analysts term the buying of billionaire investors as a smart move. The FANG stocks carried the S&P 500 to its slim 2015 gains.

According to a list prepared by Forbes, the buy list includes Amazon, JD.com, PayPal, eBay, PMC-Sierra, NVIDIA, Broadcom and Electronic Arts.

Topping the sell list are Facebook, Sun Edison, and Alibaba Group. These stocks have been favorites of billionaires on the stock markets. 

The FANG stocks rose in the wide range of 35-157 percent in 2015. This was nosebleed gain if compared with marginal two percent overall gain of S&P 500 index.

Several industrial sectors including hospitality, restaurants and retail segments were hit during 2015. Newly-listed firms FitBit, GoPro and Shake Shack also slipped into pressure.

Despite drop in earnings of multinationals, FANG stocks showed impressive performance on the Wall Street this year so far.

Many US-based multinationals are witnessing pressure on margins in the wake of surging US dollar and sluggish emerging economies. In the near future, FANGs may not escape from this impact, alert analysts.

According to Forbes report, S&P may witness negative earnings for 2015 and it'll influence the fund shift to 'growth' throughout the year. The falling market created fears among investors from individuals to billionaires.

This fear led the buying transactions in FANG stocks as market breadth was narrowing down. This indicated a mode of safety trade, opine analysts.

The US stocks began December trading with encouraging gains after the lackluster trading in November. Healthcare stocks led the gains on the Wall Street. S&P 500 rose 1.1 percent,

Dow Jones up one percent while Nasdaq gained 0.9 percent. These gains are the biggest since 18 November. 

According to The Wall Street Journal, investors are looking to cues from the US Federal Reserve on interest rate hike. The forthcoming US employment data will also set the tone for the market. 

The transactions by billionaires make the difference. The number of shares traded in a deal would be minimum 10,000 shares for billionaire investors. Technology stocks remained focus of billionaire investors and hedge fund managers throughout 2015 year.