Hedge Funds Stock Picks
Top 12 Stock Picks from Hedge Fund Managers
It's always interesting to hear from hedge fund managers what their top picks are for the coming months. Seeking Alpha has looked through the recent quarterly filings of some hedge funds to see what their top stock picks are based on new positions by funds. Here are the top 5:
Microsoft (MSFT) was popular with several hedge fund managers in the third quarter. Leon Cooperman initiated a new position in the company of 1.36 million shares, while both George Soros and Donald Yacktman increased their positions in the applications software company.
Google (GOOG) was a favorite pick for George Soros in the third quarter. He initiated a small holding of 1126 shares, and he wasn’t the only hedge fund manager buying. Julian Robertson, John Griffin and Jean-Marie Eveillard each increased their holdings in GOOG in the third quarter.
Walt Disney (DIS) was on the list for both Mason Hawkins and Ray Dalio. Hawkins upped his position in the company by 29%, while Dalio nearly tripled his stake in the children’s entertainment company.
Tyco International (TYC) was a new position for George Soros and Lee Ainslie during the third quarter, with Soros opening a small 6,000-share position in the diversified machinery company and Ainslie coming in at 2.8 million shares. Jean-Marie Eveillard was keen on TYC in the third quarter as well. He upped his position by 56.34%.
Northrop Grumman (NOC), the aerospace and defense company, was on the radar for several big hedge fund managers in the third quarter. Joel Greenblatt, Jean-Marie Eveillard and Ray Dalio each increased their positions in the company by 156%, 49% and 116%, respectively. Source
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