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

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

The 10 Richest Stand Up Comedians in the World

The 10 Fattest Countries in the World

The 5 Best Summer Jobs for Teens

The 10 Most Religious Countries in the World Keeping the Faith

The 10 Most Educated Countries in the World

The 10 Most Popular Cell Phones in the World

The 10 Drunkest Countries in the World

The 10 Most Expensive Private Schools in the World

The 10 Smallest Countries in the World

Walking Dead Season 5 Spoilers You’ll Wish You Didn’t Know

The 10 Poorest Countries in the World

The 10 Greenest Countries in the World

The Top 10 Countries with the Highest Population in the World

The 10 Most Visited Countries in the World

The Top 10 Star Wars Characters in the Iconic Series

The 10 Most Expensive Android Phones in the World

5 Reasons Why The Illuminati Is Real and a Threat to Society

The 6 Scariest Halloween Costumes Ever Screamed At

The 4 Biggest Hedge Fund Managers in the World Today

The 15 Most Densely Populated Countries in the World

The 10 Biggest Tea Drinking Countries in the World

Top 6 Ways to Improve Your Checkout Process and Close Sales

The 5 Most Profitable Online Businesses You Can Start Today

The 20 Most Profitable Hospitals in the US

The 5 Most Profitable Home Businesses to Start

The 7 Teams that Will Win the Stanley Cup in 2015

The Top 10 Most Expensive Digital Cameras to Snap Stunning Shots With

The 10 Highest Quality Fast Food Restaurants In America Today

The 8 Best Halloween Decorating Ideas to Spook Up Your House

10 Marvel Women that Should Get a Movie Right Now

The 20 Best Remixes of Popular Songs that Will Make You Forget the Originals

7 Most Expensive Cities in the World

5 Least Expensive Cities in the World

10 Celebrities Who Believe In Scientology

10 High Margin Food Products to Build a Business Around

The 10 Most Expensive Clothing Stores in the United States to Get Decked Out At

The 5 Biggest Kickstarter Scams That Swindled Backers’ Donations

The 10 Most Expensive Boarding Schools In the World

50 Crazy Facts About Japan You Won’t Believe

Top 10 Least Expensive Hybrid Cars to Save the Planet With

The 10 Biggest ‘Gate’ Controversies in History

The 10 States with the Highest Nursing Shortages Leaving Their Hospitals Depleted

The 10 Best Value Investment Blogs that Every Investor Must Read

The 6 Cheapest Boarding Schools in Europe 2015

The 5 Most Expensive Cars To Insure in the World

The 10 Most Common Genetically Modified Foods

10 Self-Made Billionaires Who Came From Nothing

The 10 Most Expensive Cities to Live in North America

The 13 Most Expensive Headphones in the World to Represent

The Top 20 Wealthiest Soccer Teams in 2014

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 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!