In its latest 13F filing, Kahn Brothers, managed by Irving Kahn, disclosed three of its best stocks at the end of the third quarter of 2014. The stocks are Merck & Co., Inc. (NYSE:MRK), Citigroup Inc (NYSE:C) and Pfizer Inc. (NYSE:PFE). The fund employs a variety of methodologies in its investments and such include management quality and book value. Kahn Brothers’ equity portfolio value declined to about $615 million in the latest filing from more than $687 million at the end of the second quarter of 2014. Of the fund’s top three equity stakes, Merck & Co., Inc. (NYSE:MRK)…
Author: Neha Gupta
In its latest 13F report, Beach Point Capital Management, which is managed by Carl Goldsmith and Scott Klein, revealed its top three stock picks. The fund’s best three stocks are Time Warner Cable Inc (NYSE:TWC), Anadarko Petroleum Corporation (NYSE:APC) and General Motors Company (NYSE:GM). The latest filing also revealed that the fund’s equity portfolio value decreased to about $389 million from nearly $511 million in the previous report. It is worth noting that Beach Point Capital Management specializes in high-yield bonds. Corporate loans, distressed debt but also owns some stocks. The fund reduced its position in Time Warner Cable…
Stevens Capital Management, a fund managed by Matthew Tewksbury, has over $3 billion assets under management. The fund, which focuses on quantitative investment, unveiled its top three equity picks in the latest 13F report. Its top three equity positions at the end of the third quarter of 2014 were United Technologies Corporation (NYSE:UTX), Starbucks Corporation (NASDAQ:SBUX) and Metlife Inc (NYSE:MET). Stevens Capital Management had total equity portfolio value of slightly above $3.3 billion in the latest filing, which reflected a decline from more than $3.7 billion in the second quarter of 2014. Stevens Capital Management closed the third quarter…
Swift Run Capital Management, managed by Tim Mullen, is a hedge fund famous for its diversified investment outlook. The fund unveiled its top three equity positions in the latest 13F report, which also saw the fund’s equity portfolio declining to slightly over $193 million in the third quarter of 2014. That compared with total equity portfolio value of about $229 million in the second quarter of 2014. The fund’s top three equity positions feature Colony Financial Inc (NYSE:CLNY), Hess Corp. (NYSE:HES) and DaVita HealthCare Partners Inc (NYSE:DVA). The fund increased its exposure to the equity of Colony Financial Inc (NYSE:CLNY)…
In its latest 13F report, Tricadia Capital Management, LLC, managed by Michael Barnes and Arif Inayatullah, disclosed its top three equity positions at the end of the third quarter of 2014. Constellation Brands, Inc. (NYSE:STZ), Air Products & Chemicals, Inc. (NYSE:APD) and Springleaf Holdings Inc (NYSE:LEAF) top the fund’s equity portfolio. The fund revealed that the value of its portfolio increased to more than $590 million from over $476 million in the second quarter of 2014. Tricadia Capital Management’s largest equity position is Constellation Brands, Inc. (NYSE:STZ). It boosted its position in the $18 billion maker and marketer of…
In its 13F filing, James A. Star’s Longview Asset Management disclosed an equity portfolio of about $4.9 billion as of the end of the third quarter of 2014. That signaled an increase from an equity portfolio of about $4.5 billion at the end of the second quarter of 2014. The fund has General Dynamics Corporation (NYSE:GD), PetSmart, Inc. (NASDAQ:PETM) and Alamo Group, Inc. (NYSE:ALG) in its equity holdings. General Dynamics Corporation (NYSE:GD) is the largest equity position in the portfolio of Longview Asset Management. The fund held about 33 million shares with a value of $4.2 billion in the…
In the latest 13F filing, AEW Capital Management revealed its top three stock picks as Simon Property Group Inc (NYSE:SPG), Equity Residential (NYSE:EQR) and Boston Properties, Inc. (NYSE:BXP). The fund’s equity portfolio decreased to about $4.1 billion at the end of the third quarter of 2014 compared to about $4.4 billion at the end of the second quarter of 2014. AEW Capital Management is a hedge fund focused in real-estate related investments, and it is managed by Jeffrey Furber. AEW Capital Management’s largest equity bet is Simon Property Group Inc (NYSE:SPG). The fund holds slightly over 3 million shares in…
EJF Capital’s latest 13F filing is out, and it turns out that the fund, managed by Emanuel J. Friedman, reduced its equity portfolio in the third quarter of 2014. The fund had a total equity value slightly above $2.1 billion, which compared with about $2.2 billion at the end of the second quarter of 2014. In its top three picks, EJF Capital disclosed Ally Financial Inc (NYSE:ALLY), Colony Financial Inc (NYSE:CLNY) and Starwood Property Trust, Inc. (NYSE:STWD). Ally Financial Inc (NYSE:ALLY) topped the three largest equity picks by EJF Capital in the third quarter of 2014. However, the fund reduced…
SunCoast Equity Management, whose President is Donald R. Jowdy, is an investment management firm that pursues high-quality businesses in which it becomes a part-owner. In the latest 13F report, the firm disclosed its top three equity picks. Gilead Sciences, Inc. (NASDAQ:GILD), Visa Inc (NYSE:V) and McKesson Corporation (NYSE:MCK) close the list of the top three stocks in the firm’s portfolio. As of the end of the third quarter of 2014, Suncoast had total equity portfolio of more than $107 million, which signaled an increase from a little over $103 million in the previous quarter. High on the list of…
The reason Facebook Inc (NASDAQ:FB) is described as the world’s largest social network is that it boasts the highest number of active users and even none of its competitors come close. With over 1.32 billion monthly active users, Facebook dwarfs Twitter Inc (NYSE:TWTR)’s monthly active user base of 284 million. However, there is something interesting about how the company acquires users and keeps them on the network. According to an article on The Atlantic, playing around with metrics helps Facebook to attract more users and keep them engaged on the network in a manner that is almost irresistible. Users of…
Apple Inc. (NASDAQ:AAPL) launched Apple Pay and immediately made it look like something totally new and different from anything else in the market. While Apple Pay is unique by most measures, it has peers and Google Wallet from Google Inc (NASDAQ:GOOGL) is one of them. Both services support mobile payment, and they use near-field communication technology (NFC). Unlike other mobile payment solutions out there, Apple Pay and Google Wallet market themselves mostly on the basis of secure transaction that they offer. While the two services have so much in common, they also differ in certain aspects as would be naturally…
Tesla Motors Inc (NASDAQ:TSLA) will not launch Model X until 3Q2015 although the launch was expected in 2Q2015. As a matter of fact, Model X was expected out in 1Q2015. However, Tesla’s CEO, Elon Musk, who is among ten richest billionaires downplayed the delays of the SUV, but not all analysts are convinced that all is moving in the right direction at Tesla. Wall Street weighed in on Tesla, with analysts looking at its short-term challenges and the long-term potentials. Analysts are divided about whether the short-term challenges in the company should impact investors’ long-term outlook on the stock. Musk…