Guru Insights from Q3 2011
Posted on February 4th, 2012
One of the reasons we look at 13f filings is to attempt to copy those we consider to be good stock pickers. And the ultimate stock pickers have to be the hedge fund managers. Their job is to invest large amounts of capital with the goal of maximizing return while minimizing risk. By comparing multiple hedge fund managers to see which picks are most commonly held you can find the stocks with the highest conviction.
At Whalewisdom you can use the Guru report to generate a list of high conviction picks among actively managed funds.Running a Guru report for Q3 of 2011 and selecting a holdings threshold of 5% gives us the below list of consensus picks. Few of the picks are surprising though there did seem to be a pickup in the willingness to hold previously “risky” financials. There’s also an indication that the professionals felt there was more growth to be had in some big multiple stocks such as Apple, Priceline, and Amazon.
Stock
|
Ticker
|
Consensus:
% of Guru’s holding this stock |
Stock represents over 5%
of Guru’s total holdings |
---|---|---|---|
AAPL
|
50%
|
|
|
C
|
40%
|
|
|
WFC
|
30%
|
|
|
GOOG
|
30%
|
|
|
JPM
|
25%
|
||
USB
|
22.5%
|
|
|
PCLN
|
22.5%
|
|
|
PFE
|
22.5%
|
|
|
QCOM
|
20%
|
|
|
COF
|
20%
|
||
AMZN
|
20%
|
|
|
VOD
|
17.5%
|
||
UAL
|
17.5%
|
|
|
RKT
|
17.5%
|
||
OXY
|
17.5%
|
|
|
NWSA
|
17.5%
|
|
|
MON
|
17.5%
|
|
|
LYB
|
17.5%
|
||
LVSXP
|
17.5%
|
||
EBAY
|
17.5%
|
|
|
CVS
|
17.5%
|
|
|
CSCO
|
17.5%
|
||
BAC
|
17.5%
|
|
|
BIDU
|
17.5%
|
|
|
APC
|
17.5%
|
||
V
|
15%
|
|
|
VIAB
|
15%
|
|
Filers Used for this report:
- BERKSHIRE HATHAWAY INC
- DREMAN VALUE MANAGEMENT
- BAUPOST GROUP LLC /ADV
- VALUEACT HOLDINGS, L.P.
- PERSHING SQUARE CAPITAL
- EMINENCE CAPITAL LLC
- LONE PINE CAPITAL LLC
- MAVERICK CAPITAL LTD
- VIKING GLOBAL INVESTORS LP
- SHUMWAY CAPITAL PARTNERS LLC
- TIGER GLOBAL MANAGEMENT LLC
- THIRD POINT LLC
- TRIAN PARTNERS
- RELATIONAL INVESTORS LLC
- PAULSON & CO INC
- STEEL PARTNERS II LP
- JANA PARTNERS LLC
- SOUTHEASTERN ASSET
- RBS PARTNERS L P /CT
- INSTITUTIONAL CAPITAL LLC
- FAIRHOLME CAPITAL MANAGEMENT
- ETON PARK CAPITAL MANAGEMENT
- TWEEDY BROWNE CO LLC
- PABRAI MOHNISH
- CONATUS CAPITAL MANAGEMENT LP
- BLUE RIDGE CAPITAL HOLDINGS
- APPALOOSA MANAGEMENT LP
- PRIVATE CAPITAL MANAGEMENT
- EAGLE VALUE PARTNERS, LLC
- CARLSON CAPITAL L P
- KLEINHEINZ CAPITAL PARTNERS
- KINGDON CAPITAL MANAGEMENT
- PAR CAPITAL MANAGEMENT INC
- IMPALA ASSET MANAGEMENT LLC
- GMT CAPITAL CORP
- JGD MANAGEMENT CORP /NY
- ALKEON CAPITAL MANAGEMENT LLC
- COATUE MANAGEMENT LLC
- NEWGATE CAPITAL MANAGEMENT
- SOROS FUND MANAGEMENT LLC