Giovine Capital Group’s Keeps Betting on Consumer Discretionary Sector; Still Bullish on Apple Inc (AAPL)

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Next in line is Dish Network Corp (NASDAQ:DISH), one of Mr. Giovine’s picks from the consumer discretionary sector. In Dish Network Corp (NASDAQ:DISH), the investor reported holding almost 106,800 shares valued at $7.48 million. The company, a satellite TV provider, with 13.98 million customers, reported for 2014, and net income of $945 million, equal to $2.04 diluted earnings per share, versus $908 million ($1.76 per share) a year earlier. Other funds that have significant positions in Dish Network Corp (NASDAQ:DISH) include Eagle Capital Management, run by Boykin Curry and Mario Gabelli’s GAMCO Investors and York Capital Management, managed by James Dinan.

Apple Inc (NASDAQ:AAPL) represents Giovine Capital Group’s fourth largest position, as the hedge fund disclosed holding 57,034 shares worth $7.09 million. Recently, the tech-giant, which owns one of the most profitable businesses, announced its financial results for the second quarter of fiscal 2015. As the Apple Inc (NASDAQ:AAPL)’s CEO Tim Cook said: “We are thrilled by the continued strength of iPhone, Mac and the App Store, which drove our best March quarter results ever”. The company reported a quarterly revenue growth of 27.08% on the year to $58 billion, while its net income surged by 32.73% to $13.57 billion. Among the funds we track, Carl Icahn, Ken Fisher and Phill Gross and Robert Atchinson are among the shareholders with large positions in Apple Inc (NASDAQ:AAPL).

Disclosure: none

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