Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Apple Inc. (AAPL), Visa Inc (V), Actavis plc (ACT): Laurion Capital Reveals Top Stock Picks

Page 1 of 2

Benjamin A. Smith’s Laurion Capital Management recently filed its 13F Form for last quarter with the U.S. Securities and Exchange Commission. Therein, the investment firm disclosed its top picks by the end of 2014. Its largest holding – excluding stock options and ETFs – was in Apple Inc. (NASDAQ:AAPL), with a stake of 1.74 million common shares. The fund’s other biggest bets for last year included Visa Inc (NYSE:V) and Actavis plc (NYSE:ACT).

Apple, is AAPL a good stock to buy, China Mobile, china, iPhone sales, U.S.,

Laurion Capital Management is a New York-based hedge fund, launched in 2005 by Benjamin A. Smith and Sheehan Maduraperuma. Previously, these two managers had been employed by JP Morgan, serving as managing director of the equity derivatives division and Vice President, respectively. Mr. Smith’s current investment firm has adopted a multi-disciplinary investment approach, employing a variety of strategies, such as model-based trading and relative value trading. In addition to using a great deal of leverage in its investment programs, Laurion Capital’s trading strategies are generated primarily by computer-driven programs. Furthermore, by relying heavily on quantitative models, the hedge fund’s investment professionals are not granted as much trade-by-trade discretion as in other investment firms. At the end of 2014, Laurion Capital boasted a highly diversified equity portfolio, which was valued at around $4.3 billion.

Excluding its holdings in stock options and ETFs, the New York-based hedge fund revealed Apple Inc. (NASDAQ:AAPL) as its top pick at the end of 2014. At the end of the third quarter, this equity represented 3.9% of the firm’s equity portfolio and since then, the stock has gained more than 24%. Over the past year, Laurion Capital’s top pick performed even better, gaining around 62% since last February. This comes as little surprise, considering the company’s growth over the past years and the reputation is has gained with major hedge funds. In fact, the technology firm enjoys the backing of a wide range of institutional investors, such as Carl Icahn’s Icahn Capital LP, which is the largest shareholder amongst the funds we are tracking. Its position in Apple Inc. (NASDAQ:AAPL) amounts to 52.7 million shares, accounting for approximately 15.8% of this investment firm’s equity portfolio. David E. Shaw’s D E Shaw is also betting big on the technology giant, with a stake of 11.6 million shares. As Apple continues to enjoy the positive sentiments from investors on Wall Street, the stock is viewed by many as a great short-term, as well as long-term play. The only question is how much more growth will share prices experience.

Page 1 of 2

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

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 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!