First Majestic Silver Corp (AG), Vodafone Group Plc (ADR) (VOD) Among Sprott’s Largest Picks

Eric Sprott‘s Sprott Asset Management is another fund that in the latest round of 13F filings revealed its equity portfolio held at the end of the fourth quarter of 2013. The fund disclosed an equity portfolio worth $1.37 billion, which represent an increase from $942.55 million held at the end of September 2013. The largest portion of the fund’s portfolio is invested in Exchange Traded Funds (over 50%). At the same time, the fund holds a significant amount (around 20%) invested in the Basic Materials sector.

From the Sprott’s latest 13F, we have picked several companies in which the fund holds the largest long positions in terms of value. The first one is First Majestic Silver Corp (NYSE:AG), in which the fund holds 4.55 million shares, worth $44.62 million. The position remained almost unchanged over the quarter. First Majestic Silver Corp is a mining company engaged in acquiring and development of silver properties. The stock of the company has been losing ground and decreased by around 45% over the past year.

First Majestic Silver Corp (NYSE:AG)

The second position is Fortuna Silver Mines Inc. (NYSE:FSM), in which Sprott revealed holding 9.02 million shares, worth $25.88 million. The stake was edged down by around 47,800 shares. Fortuna Silver is a small-cap mining company, also engaged in exploration and mining of silver.

In CGI Group Inc. (USA) (NYSE:GIB), the fund disclosed a $22.51 million stake, which amasses 672,700 shares. Sprott raised its exposure to the company by 230,600 shares during the fourth quarter, which significantly upped CGI Group’s position in the fund’s equity portfolio.

Vodafone Group Plc (ADR) (NASDAQ:VOD), comes in fifth, Sprott holding a total of 545,400 shares, up by 80% over the quarter. The value of the stake amounts to $21.44 million. Aside from Sprott, a shareholder with a much significant position is John Paulson‘s Paulson & Co, which at the end of September held 20.0 million shares of Vodafone Group Plc (ADR) (NASDAQ:VOD), upping the stake by a whooping 612% during the July-September period.

Disclosure: none

Recommended Reading:

Horizon Asset Management Adjusts Positions in AutoNation Inc. (AN) & Two Other Companies

Royce & Associates Reveals Moves in MKS Instruments, Inc. (MKSI), NN, Inc. (NNBR) & Others

Corvex Capital Further Raises Stake in Williams Companies, Inc. (WMB)

Biotech Insider Alert - $6 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.
Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The Best Romance Movies of all Time

The Most Wanted Drug Lords

The Oldest Money Managers

The Greatest Directors in the World

Largest Animals in the World

World’s Most Expensive Desserts

Best Selling Comic Books of All Time

A-list Actors who Sabotaged Their Career

Rappers With a College Degree

The Best Jazz Albums of all Time

The Most Influential Jazz Musicians

The World’s Most Famous Photographers

The Best Oscar-Winning Songs

Most Influential Choreographers Ever

Most Expensive Department Stores in the World

The Most Expensive Stolen Paintings in the World

The World’s Most Expensive Teas

Top Oscar Record Holders

The Most Expensive Flowers in the World

Countries With a Booming Film Industry

Most Expensive Cupcakes in the World

Uncommon European Escapes

The Most Stolen Artists in History

Best Travel Destinations in Australia

World’s Most Expensive Musical Instruments

World’s Most Famous Animals

Most Expensive Cakes in the World

Most Expensive Kosher Champagne in the World

Most Expensive Kosher Wine in the World

The Most Surprisingly Dark Fairy Tales

Most Popular Travel Destinations in Asia

The 10 Most Expensive Dresses Ever Worn to the Oscars

World’s Most Visited Art Museums

Best Countries for Photographers to Work in

Best Paid Jobs in the Film Industry

The Most Renowned Recovered Paintings Ever

Child Stars That Turned out Just Fine

Books That Were Banned in the Past Century

World’s Richest Dancers

Best Remedies against Bad Breath

Foods That Improve Your Skin Texture

Best-Selling Children’s Books of all Time

Foods That Boost Your Libido

Best-Selling Books of all Time

The Most Expensive Academy Awards Jewelry in History

Most Expensive Japanese Restaurant In New York City

The Best B-Boy Movies

Most Awesome Hip Hop Documentaries

Foods That Stain Your Teeth

Richest Doctors in the World

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 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!