Kehrs Ridge Capital’s founder and portfolio manager is Brian Scudieri. The investment management firm, situated in New Jersey, has $261 million in assets under management. He controls a portfolio of $309.7 million as of the Q3 13F filings. With a top ten holdings concentration of 55.81 percent, Scudieri’s Q3 portfolio is strongly concentrated in the consumer staples and consumer discretionary sectors. In Q3, Scudieri added 19 new stocks to his portfolio, sold 18 securities, increased his investment in 8 stocks, and reduced his holdings.
Here is Insider Monkey’s list of Brian Scudieri’s Kehrs Ridge Capital’s top 10 stock picks. Burlington Stores, Inc. is a discount retail business in the United States with locations in 40 states and Puerto Rico. As of September, Kehrs Ridge Capital owned a $10.7 million stake in the company. Loop Capital’s Laura Champine saw department stores that were understocked and understaffed. On October 27, McDonald’s Corporation released its third-quarter results. The quarter’s revenue was $6.20 billion, up 14.46 percent year over year. Lauren Silberman of Credit Suisse maintained an Outperform rating on McDonald’s Corporation on October 28. Bunge Limited is a Missouri-based food firm best recognized for exporting soybeans worldwide. Food processing, fertilizers, and grains are among the company’s specialties. Bunge Limited’s EPS for the third quarter came in at $3.72, exceeding expectations by $2.30. Kehrs Ridge Capital, led by Scudieri, owns 180,000 shares of Colgate-Palmolive Company worth $13.6 million, or 4.39 percent of the firm’s investment portfolio. The company is a worldwide consumer goods corporation with a number of brands that cater to items for the home, health, personal care, and veterinary markets. A merger between Kraft Foods and Heinz in 2015 resulted in the Kraft Heinz Company. It is a leading American food company and, as of Q3, one of Scudieri’s top picks. For more details, click Top 10 Stock Picks Of Brian Scudieri’s Kehrs Ridge Capital.
