CBRE Group Inc (CBG) Spikes to Record High; Check Out the Top Picks of One of Its Investors Cloud Gate Capital

CVS Health Corp (NYSE:CVS) is Cloud Gate’s second top choice with 93,900 shares valued at $9.05 million. The position constitutes 9.04% of Cloud Gate’s equity portfolio, much higher than any other position in the company among the funds in our database. First Pacific Advisors LLC, managed by Robert Rodriguez and Steven Romick owns the largest position in CVS Health Corp (NYSE:CVS) at 6.89 million shares. CVS Health Corp (NYSE:CVS) is another stock has performed very well over the past three years, gaining over 130%, and nearly 30% in the last six months alone. With shares now trading at a P/E ratio of 26, the valuation on CVS may be getting stretched a little too thin to make it an attractive play. Still, the Affordable Care Act has undoubtedly been a boon for business, as has/will the aging boomer population.

Its position in BioScrip Inc (NASDAQ:BIOS) is Cloud Gate’s third most valuable, with its 1.06 million shares worth $7.41 million. The provider of healthcare home services has not fared nearly as well as CVS in the healthcare sector, with its adjusted fourth-quarter losses ballooning to $0.72 per share from $0.06 per share during the fourth quarter of 2013. BioScrip Inc (NASDAQ:BIOS)’s shares are down over 35% in 2015, and the company has become an activist target of Coliseum Capital’s. Still, BioScrip Inc (NASDAQ:BIOS) did show strong double digit growth in its Infusion Services segment, which is one of the key long term areas of growth the company is targeting.

Disclosure: None