Apple Inc. (AAPL), Southwest Airlines Co (LUV), McGraw Hill Financial Inc (MHFI): Egerton Capital’s Top Stock Picks

On the second position is McGraw Hill Financial Inc (NYSE:MHFI), a $27.87 billion financial intelligence company, in which Egerton Capital disclosed ownership of 5.40 million shares, valued at $557.9 million. The stake represents an increase from 5.27 million shares the fund held at the end of 2014. McGraw Hill Financial Inc (NYSE:MHFI) reported strong results for the first quarter of 2015, with its quarterly revenue rising to $1.27 billion, a 6% increase compared to the same quarter last year. Meanwhile, adjusted net income from continuing operations jumped by 24% to $299 million, while adjusted diluted earnings per share from continuing operations rose by 25% to $1.09. During the last 12 months, shares of McGraw Hill Financial Inc (NYSE:MHFI) surged by 21.19%. Another notable investor of the company is Jonathon Jacobson’s Highfields Capital Management, which owns 7.53 million shares as of March 31.

Lastly we will discuss Apple Inc. (NASDAQ:AAPL), in which Egerton Capital increased its stake during the first quarter by 9% to 3.93 million shares, worth $488.7 million. At the Worldwide Developers Conference, Apple Inc. (NASDAQ:AAPL) announced the launch of its latest OS X version, called El Capitan, for Mac devices. Apple Inc. (NASDAQ:AAPL), which owns one of the most profitable businesses ever, said that this latest version focuses on user-interface and faster performance, and will be faster than any other previous version. A final version is expected to be released this fall, with a free upgrade. Rumors suggest that Apple will unveil a music streaming service at the WWDC. This music service is believed to be a rival to Spotify. For its fiscal 2015 second quarter ended March 28, the iPhone-maker reported net income of $13.6 billion, a significant increase from $10.2 billion in the same quarter last year. The company reported a considerable increase in its quarterly revenue to $58 billion, versus $45.6 billion in the year-ago quarter. During the past calendar year, shares of Apple Inc. (NASDAQ:AAPL) have increased by 38.79%. Carl Icahn’s Icahn Capital LP is a big fan of Apple Inc. (NASDAQ:AAPL), owning 52.76 million shares of the company as of March 31.

Disclosure: None