Google Inc (GOOG) Is Tiger Cub John Griffin’s Top Stock Pick

Page 1 of 2

Hedge funds and other major investors are required to file 13Fs with the SEC several weeks after the end of each quarter, disclosing many of their long equity positions. Even with the inherent delay there are a number of ways for investors to benefit from this information. For example, we work on using filings to develop investment strategies and have found that the most popular small cap stocks among hedge funds tend to outperform the market by an average of 18 percentage points (read more about our findings on small cap stocks). We also analyze filings from notable investors including hedge fund managers to see what their “recommendations” would be, so that readers can perform additional research on interesting stocks. John Griffin, formerly billionaire Julian Robertson’s right-hand man at Tiger Management, now runs Blue Ridge Capital. Read on for Blue Ridge’s top five picks from the end of December and see the full list of stocks from the 13F.

Griffin’s top pick was Google Inc (NASDAQ:GOOG), with Blue Ridge’s position increasing by 5% to almost 550,000 shares. 126 funds in our database reported a position in Google Inc (NASDAQ:GOOG), which made the company the third most popular stock among hedge funds (find more of hedge funds’ favorite stocks). Google Inc (NASDAQ:GOOG) reported a 7% increase in earnings last quarter compared to the fourth quarter of 2011, and the company has good growth prospects both from its search business and from the continued integration of Motorola Mobility Holdings. It trades at 15 times forward earnings estimates.

BLUE RIDGE CAPITALBlue Ridge reported ownership of over 10 million shares of American International Group Inc (NYSE:AIG), which had grabbed the #1 spot in our most popular list away from Apple Inc. (NASDAQ:AAPL). AIG’s price-to-book multiple is 0.7, and we think that the stock has at least some upside remaining even though we wouldn’t expect it to trade at book value and it has risen almost 30% in the last year. Billionaire Dan Loeb’s Third Point cut its stake in AIG between October and December but still had over 18 million shares in its portfolio at the beginning of 2013 (research more stocks Third Point owned).

Griffin and a number of other Tiger Cubs liked this travel stock:

Page 1 of 2
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 10 Most Expensive Law Schools in the US

The 10 Best Wall Street Movies

The 10 Most Expensive Golf Clubs Ever Sold

The 10 Most Expensive Golf Memberships

The 10 Best Disney Characters Ever Created

The 8 Best Foods for Gaining Weight

The 10 Most Expensive Colleges in the World

The 7 Most Memorable Ad Campaigns of All Time

The 7 Most Expensive High Schools in the World

The 10 Electric Vehicles with the Longest Range

The 10 Cities with the Worst Drivers in the World

The 10 Most Expensive Dresses Ever Created

10 Islands to Visit Before You Die

10 Famous Celebrities Who Needed Rehab

The 15 Countries with the Largest Oil Reserves

The 10 Most Overused Excuses in the World

The 5 Best iOS Apps You Can’t Get on Android

5 Companies Damaged By Social Media Blunders

The 10 Most Legendary Blues Songs

The 10 Most Lawless Places in the World

4 Reasons China is a Threat to the US

The 17 Most Sugary Drinks in the World

The 10 Most Ruthless Rulers in History

The 10 Greatest Generals in History

Top 8 Travel Destinations for 2015

The 10 Safest Dog Breeds for Children

The 10 Most Stolen Vehicles in the US

The 7 Most Expensive Celebrity Weddings

The 10 Best LoL Teams in the World

Top 10 Worst Marketing Campaigns Ever Produced

Top 5 Diets that Help You Lose Weight

The 10 Best Ways to Stay Awake

7 Artists That Switched Musical Genres

The 10 Most Expensive Cities to Live in New Jersey

The 10 Best High Schools in New York

The 10 Countries With the Least Gender Inequality

The 6 Biggest Musician-Manager Feuds

The 10 Countries with the Cheapest Gas Prices

The 7 Most Theatrical Bands of All Time

The 8 Worst Band Breakups of All Time

The 10 Most Important South American Leaders

The 7 Most Successful Casting Show Winners

The 10 Most Peaceful Countries in the World

5 Big Reasons Communism Failed

The 15 Most Famous Carl Icahn Quotes

10 Scary Animals that are Actually Harmless

The 8 Most Famous Singer-Actors in Entertainment

The 10 Longest Wars of All Time

The 13 Worst Looking Foods that Taste Great

The 6 Most Gruesome Injuries Suffered During a Sports Match

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!