Retail investors likely wish they had more time to research and find new stocks for their portfolios. But with work, family, children, and other obligations there is only so much time in the day.

One trick that can help retail investors find new stocks to invest in is to look at what pension funds, asset managers, hedge funds, and other institutional investors are investing in. These entities, which regularly report their holdings, are known as the "smart money." Many of them have been through extensive training, have decades of investing experience, and have also been through a recession or two.

Many of the people running these funds also made a lot of money and even become billionaires due to their investing success. Now, you may not always agree with these stock picks and you should never invest solely because someone else is (no matter who they are) but it's never a bad idea to take a peek. Here are three stocks the smartest investors are buying hand over fist for 2023.

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Source Fool.com