Billionaire Michael Hintze’s Top Picks: News Corp (NWSA), Carnival Corporation (CCL)

Page 1 of 2

Chinese-born Michael Hintze is an Australian/British businessman, famously perched on Forbes’s billionaire list as the 880th richest person in the world. He made his fortune primarily through his hedge fund company CQS; the directional fund’s tremendous gains in 2012 gave it the rank of the third top-performing large hedge fund in the world for the year. CQS released their 13F filing a few days ago, highlighting the firm’s take on a number of listed equities. We value the opinion of stock-pickers like Hintze, because we’ve discovered that a group of the most popular small-cap stocks amongst billionaire managers can achieve 18 percentage point yields over market returns (learn more here). Read on to see our analysis of CQS’ top holdings below.

News Corp (NASDAQ:NWS)News Corp (NASDAQ:NWSA) sits at the top of the list. Rupert Murdoch’s infamous multimedia company performed very well in the past twelve months, providing investors with a robust gain of 44% over that holding period. Hintze keeps over 12% of his portfolio invested in NWS, siding with the bullish sentiment that analysts have bestowed on the stock for 2013. News Corp. either met or beat earnings estimates each quarter in 2012; the company’s most recent earnings announcement on Feb. 6 continued that trend, with actual numbers at parity with estimates. Notorious commodity investor and billionaire John Arnold of Centaurus Advisors initiated a $34 million position in NWS towards the end of 2012 (see his other large holdings here).

Cruise line Carnival Corporation (NYSE:CCL) has almost 5% of CQS’ capital, roughly double the percentage that Kerr Nielson of Platinum Asset Management has (view his portfolio here). Carnival has been in hot water the past two weeks for an engine fire on their Triumph ship that caused the vessel to be stranded at sea, leaving passengers without running water, hot food, proper bathroom facilities, etc. While we wait to see how this will effect consumer demand in the next few quarters, our initial prognosis is that it can’t be good, especially going into the summer tourist season. Wall Street was already tepid before the incident, with the most recent analyst recommendations hovering around equalweight.

Mainly operating in Europeand Chile, Liberty Global Inc. (NASDAQ:LBTYA) is a provider of video, broadband Internet, and telephone services. The stock has been on a steady climb up since the summer of 2012, bottoming then around $43.50, only to rise to almost $65.50 at the beginning of this month. Liberty’s Q3 2012 earnings announcement showed double-digit growth in revenues versus the same quarter a year prior, and sell-side analysts have been recommending investors to sit on the buy button, with ten out of eleven polled giving the stock a bullish nod. Tiger Global Management has a staggering 6.25 million shares of the company.

Page 1 of 2
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

10 Best States To Practice Medicine

The 10 Best States to Have a Business

The 12 Most Expensive Apple (AAPL) Apps in the Market

The 10 Richest Billionaires in the World

10 Biggest Kickstarter Failures

The 10 Best Places to Work At

The Top 10 of Google Inc (GOOGL)’s Most Expensive Acquisitions

13 Best Cities to Visit in South America

10 Most Expensive Works of Art of All Time

The 10 Richest Banks in the World

The 10 Best-Paying Jobs in America (2014)

7 Most Expensive Foods in the World

The World’s Top 10 Earning Authors

Five Wicked and Very Expensive Items (and Other “Stuff”) Sold on eBay

10 Biggest Celebrity Bankruptcies

The Top 10 Highest Paid CEOs in 2014

The 10 Most Expensive Real Estate Cities in America

10 Most Expensive States To Live In America

The 10 Best Airlines in the World

The 10 Best-Selling Cars in 2014

The 10 Best Industries to Invest In

The 10 Most Expensive States to Own a Car In

Top 10 Business Schools in US: 2014 Rankings

Top 20 Female Billionaires in 2014

6 Movies That You Should Watch to Better Understand The Cold War

Top 15 Best Paying Jobs for Women in 2014

Top 6 Things Rich People Do Differently Every Day

5 Retirement Mistakes To Avoid (and Einstein’s Famous Quote)

11 Smartest People in the World

6 Films About the Financial World You Need To Watch (While “The Wolf” is Not Around)

Warren Buffett and Billionaires Are Crazy About These 7 Stocks

The Top 10 States With Fastest Internet Speeds

10 Best Places to Visit in USA in August

Top 10 Cities to Visit Before You Die

Top 10 Genetically Modified Food In the US

15 Highest Grossing Movies Opening Weekend

5 Best Poker Books For Beginners

10 Strategies Hedge Funds Use to Make Huge Returns

Top 10 Fast Food Franchises to Buy

10 Best Places to Visit in Canada

Best Summer Jobs for Teachers

10 Youngest Hedge Fund Billionaires

Top 10 One Hit Wonders of the 90s

Fastest Growing Cities In America

Top 10 U.S. Cities for Freelancers

Top 9 Most Popular Free iPhone Apps

Top 10 Least Expensive Private Business Schools in the US

Top 15 Most Expensive Countries in the World – 2014

Top 6 Tax Scams and How to Protect Yourself

Top Businesses to Invest In

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!