Top 10 bought stocks: July 2026

Over the last month, Freetrade users remained big on tech as Nvidia kept its place as their most-bought stock. However, there are signs of that dominance shifting after an historic IPO captured investors’ imagination. Perhaps next month, there will be a new name in the hot seat. Find out more below.

Remember that this list is not meant as investment advice. Instead, it is simply an insight into the most popular stocks on Freetrade right now.

Top traded stocks methodology: The rankings are based on the total executed value of buy orders placed by Freetrade customers from 1 June to 30 June 2026. The figures reflect buy-side activity only and do not account for sales, holding periods, or individual portfolio weightings.

Blast-off

SpaceX is the lone new entrant in this month’s top stocks list. It’s fair to say the company has been a hit with Freetrade investors thus far.  

Indeed, since the company started trading on the NASDAQ on 12 June, it has been the most-purchased stock on Freetrade. 

Having briefly breached the $200 mark, the share price has since peeled back to just north of $150. Such movements are not unusual after an IPO, and SpaceX could well experience more post-float volatility. 

Retail investors received an unusually large allocation of the initial offering, leading to some concern that trading could be more emotionally-led than if institutional investors ruled the roost. 

But SpaceX has implemented some measures to guard against sharp share price movements, too. 

For example, instead of one large 180-day lock-up cliff, staggered unlocks of insiders’ shares will gradually allow current and former employees to sell equity over the next year.

The theory is that this will stop a sudden influx of sell orders from insiders, which could send the share price lower.

But this is not guaranteed to steady the SpaceX ship. We could still see some pretty sharp price swings as the market settles on a valuation, particularly as some reports suggest elevated short-selling activity. 

So, was SpaceX’s presence just the aftermath of IPO excitement, or will we see sustained investor interest in the business? Will SpaceX hold a regular place in Freetrade’s monthly top stocks?

Cashing your chips

Other than SpaceX elbowing its way into the top 10, is there much else to see here? It is, after all, the usual cast of characters. 

The balance of buys and sells among chip-stock constituents in the top 10 is eye-catching. 

Let’s look at Micron. The value of sales executed by Freetrade users during the month was equivalent to 92% of the value of buys. 

The month before, it was 87%. It’s the first time the ratio has reached this level since the stock started its red-hot run in April. 

It’s also by far the highest ratio within the top 10. Why?

Well, that red-hot run has seen Micron’s share price soar by well over 200% across the year to date at the time of writing. The stock has long been popular on Freetrade, so it’s likely many users are exposed to this upside. As such, some profit-taking is understandable.

But does it point to a wider narrative, extending beyond Micron?

It appears that something similar, though less extreme, is happening with other top chipmakers. AMD and Nvidia had the second and third highest ratios of sells to buys of the top 10, with 80.9% and 71.8% respectively.

This may have been prompted by market wobbles late in the month, with chip stocks leading a sell-off. 

This appears to have been driven by valuation concerns and anxiety over higher US interest rates. Higher interest rates mean higher borrowing costs. Financing the massive expenditure on AI infrastructure becomes all the more expensive when borrowing costs rise, and chipmakers are among the key beneficiaries of this buildout.  

As such, a perceived threat spooked some investors. 

It’s also worth noting that, for now, the story does not appear to be one of investors turning away from risk or equities. After all, the top 10 remains dominated by high-growth tech stocks, and new entrant SpaceX is the epitome of a high-risk long-term play. 

Instead, have we merely seen Freetrade users cashing in on their chip stocks?