Apple Inc. (AAPL), Berkshire Hathaway Inc. (BRK.B), Phillips 66 (PSX): David E. Shaw’s Top Picks in Q2

D.E. Shaw & Co, managed by David E. Shaw, recently filed its 13F with the U.S. Securities and Exchange Commission. The value of the fund’s equity portfolio for the second quarter of 2014 totaled $73.4 billion. D.E. Shaw reported more than 5,000 positions focused on technology, consumer, energy and financial stocks. In this article, we are going to discuss the top holdings of David E. Shaw and his fund for the second quarter.

David E. Shaw Vertex Pharmaceutical

The first largest holding is represented by Apple Inc. (NASDAQ:AAPL), in which D.E. Shaw revealed ownership of 11.89 million shares, with a reported value of $1.10 billion. Around 150 hedge funds own long positions in Apple Inc. (NASDAQ:AAPL) as of the end of the second quarter. Ken Fisher’s Fisher Asset Management reported holding 10.74 million shares of the company, worth more than $998 million. Carl Icahn holds 52.76 million Apple Inc. (NASDAQ:AAPL) shares which have a total value of $4.9 billion.

Berkshire Hathaway Inc. (NYSE:BRK.B) is on the second position. D.E. Shaw holds 7.31 million shares, worth $924.9 million. The stake represents a 17% decrease from 8.74 million shares the hedge fund held earlier. Last month, Berkshire Hathaway Inc. (NYSE:BRK.B) announced that it completed acquisition a wholly-owned subsidiary of Graham Holdings Company (NYSE: GHC). Aside from D.E. Shaw, Michael Larson’s Bill & Melinda Gates Foundation Trust reported holding 72.04 million shares, and Eagle Capital Management, led by Boykin Curry, revealed ownership of 13.80 million shares of Berkshire Hathaway Inc. (NYSE:BRK.B).

Third most valuable holding is Phillips 66 (NYSE:PSX), in which D.E. Shaw boosted its stake to 9.95 million shares from 7.56 million shares the fund held previously. The market value of holding is $800.2 million. Phillips 66 (NYSE:PSX) is an energy production and logistics company with a market cap of $47.9 billion.  Recently, the company’s board of directors approved an increase in 2014 capital spending to support the company’s growth strategy and authorized the returning of additional capital to shareholders, according to a press release.

Other hedge funds holding big stakes in Phillips 66 (NYSE:PSX) include Steven Richman’s East Side Capital, which owns 3.38 million shares and Long OAR Global Investors, led by Colin Hall and James Davidson, which holds 46,000 shares of the company.

Disclosure: none

Biotech Insider Alert - $6 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.
Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The World’s Most Famous Circuses

Best Hair Stylists

Most Popular NASCAR Drivers

The Best Romance Movies of all Time

The Most Wanted Drug Lords

The Oldest Money Managers

The Greatest Directors in the World

Largest Animals in the World

World’s Most Expensive Desserts

Best Selling Comic Books of All Time

A-list Actors who Sabotaged Their Career

Rappers With a College Degree

The Best Jazz Albums of all Time

The Most Influential Jazz Musicians

The World’s Most Famous Photographers

The Best Oscar-Winning Songs

Most Influential Choreographers Ever

Most Expensive Department Stores in the World

The Most Expensive Stolen Paintings in the World

The World’s Most Expensive Teas

Top Oscar Record Holders

The Most Expensive Flowers in the World

Countries With a Booming Film Industry

Most Expensive Cupcakes in the World

Uncommon European Escapes

The Most Stolen Artists in History

Best Travel Destinations in Australia

World’s Most Expensive Musical Instruments

World’s Most Famous Animals

Most Expensive Cakes in the World

Most Expensive Kosher Champagne in the World

Most Expensive Kosher Wine in the World

The Most Surprisingly Dark Fairy Tales

Most Popular Travel Destinations in Asia

The 10 Most Expensive Dresses Ever Worn to the Oscars

World’s Most Visited Art Museums

Best Countries for Photographers to Work in

Best Paid Jobs in the Film Industry

The Most Renowned Recovered Paintings Ever

Child Stars That Turned out Just Fine

Books That Were Banned in the Past Century

World’s Richest Dancers

Best Remedies against Bad Breath

Foods That Improve Your Skin Texture

Best-Selling Children’s Books of all Time

Foods That Boost Your Libido

Best-Selling Books of all Time

The Most Expensive Academy Awards Jewelry in History

Most Expensive Japanese Restaurant In New York City

The Best B-Boy Movies

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!