Halliburton Company (HAL), Accenture Plc (ACN), Yandex NV (YNDX): Hugh Sloane Loves These Stocks

Hugh Sloane’s Sloane Robinson LLP recently disclosed its Form 13F for the second quarter of 2014. Its equity portfolio is worth more than $159 million, with most of its focus allocated to information technology (34.6%), and energy (30.8%) stocks. Now let’s take a look at some of Sloane’s top stock picks for the quarter.

At the top of Sloane’s list is Halliburton Company (NYSE:HAL), a $57.3 million market cap energy corporation. Even after lowering its holdings at the company by 26% last quarter, the fund still holds 681,400 shares worth about $48.4 million. The position at Halliburton Company (NYSE:HAL) makes up slightly over 30% of Sloane Robinson’s total equity portfolio.

Halliburton Company (NYSE:HAL)

Another major investor in the fund is Donald Chiboucis‘ Columbus Circle Investors, which increased its exposure to Halliburton Company (NYSE:HAL) by 18% from last quarter, and now holds 3,965,168 shares worth around $281.5 million.

New Oriental Education & Tech Grp (NYSE:EDU), a $3.01 billion market cap company, rose from fourth to second position on this list. Sloane Robinson increased its exposure by 83% last quarter, and now holds 1.3 million shares, worth roughly $34.6 million. New Oriental Education & Tech Grp (NYSE:EDU) provides private educational services in China based on the number of program offerings, total student enrollments and geographic presence.

As well, the hedge fund run by billionaire Richard Driehaus, Driehaus Capital, showed similar moves regarding their involvement with New Oriental Education & Tech Grp (NYSE:EDU). After selling 298,588 shares in the company last quarter, the fund now has 774,225 shares with a market value of about $22.7 million.

Coming in third on Sloane’s list is Accenture Plc (NYSE:ACN), a $51.16 billion market cap company engaged in providing management consulting, technology and outsourcing services. The fund boosted its exposure to the company by 5% last quarter, and now holds a total of 327,200 shares of Accenture Plc (NYSE:ACN), worth about $26.5 million. Moreover this position makes up for 16.6% of the fund’s total portfolio.

On the opposite, Winton Capital Management, the hedge fund run by David Harding, went the other direction, lowering its exposure to Accenture Plc (NYSE:ACN) by 45% last quarter. Winton now owns 166,496 shares of the company, with a market value of around $13.2 million.

Next up is 21Vianet Group Inc (NASDAQ:VNET), which moved from the sixth to the fourth position on this list over the last quarter. Sloane Robinson increased its involvement with the $1.84 billion market cap company by 91% last quarter, and now holds 526,000 shares -worth around $15.7 million- of 21Vianet Group Inc (NASDAQ:VNET), a carrier-neutral Internet data center services provider in the People’s Republic of China.

Similar is the case with Israel Englander‘s Millennium Management, which doubled its exposure to the company over the first quarter, disclosing ownership of 925,124 shares, worth about $26.5 million. Moreover, Driehaus Capital, which also picked up a stake in the company over the first quarter, now has a total of 626,696 shares with a market value of nearly $18 million.

Finally, there’s Yandex NV (NASDAQ:YNDX), a $9.41 billion market cap European Internet company and a search provider in Russia. This company fell from second to fifth spot in this list over the last quarter, as the fund lowered its stake in the company by 71%, and now owns 348,382 shares, worth about $12.4 million.

Daniel S. Och is another large shareholder in the company. According to its first quarter filing, Och’s Oz Management invested in Yandex NV (NASDAQ:YNDX) by purchasing 846,000 shares, worth approximately $25.5 million.

Disclosure: Javier Hasse holds no position in any stocks or funds mentioned

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

50 Crazy Facts About Japan You Won’t Believe

Top 10 Least Expensive Hybrid Cars to Save the Planet With

The 10 Biggest ‘Gate’ Controversies in History

The 10 States with the Highest Nursing Shortages Leaving Their Hospitals Depleted

The 10 Best Value Investment Blogs that Every Investor Must Read

The 6 Cheapest Boarding Schools in Europe 2015

The 5 Most Expensive Cars To Insure in the World

The 10 Most Common Genetically Modified Foods

10 Self-Made Billionaires Who Came From Nothing

The 10 Most Expensive Cities to Live in North America

The 13 Most Expensive Headphones in the World to Represent

The Top 20 Wealthiest Soccer Teams in 2014

4 BuzzWorthy Cannabis Stocks And Some Smoking Derivative Plays

The 10 Healthiest Fast Food Chains in America to Dine At

The 5 Most Expensive Cat Food Brands You Can Spoil Your Kitty With

The 6 Best eCommerce Platforms for Small Businesses

The 10 Worst Mistakes an Entrepreneur Can Make

The 5 Most OP Characters in League of Legends to Carry Games and Crush Foes With

The 5 Best Foods to Eat Before Running that Will Help You Pound the Pavement

10 Glaring Plot Holes in The Walking Dead that a Zombie-Filled Bus Could Drive Through

The 5 Biggest Celebrity Stoners Who Love Their Reefer

The 10 Most Overrated Movies Of All Time by Out-of-Touch Critics

Top 6 Least Expensive Cruise Destinations For 2015 that Will Take You to Paradise

10 States with Lowest Substance Abuse Rates in America

The 14 Most Watched TV Finales Ever

The 10 Best Selling Role Playing Games of All Time for PC

10 Most Influential Papers In Economics

Top 8 Biggest Charities in the US

10 Worst Celebrity Career Moves Ever

Top 10 Best Paid Tennis Stars in the World

10 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

How to Make Money in ArcheAge and Build Your Empire

10 Foods To Eat To Lower Cholesterol Levels

The 10 Most Hated Television Characters of All Time

The 30 Worst Halloween Costume Ideas Ever Brought to Horrible Life

10 Vocational Skills in Demand Today with Jobs Waiting to be Filled

10 Best Places to Visit in Central and South America

The 10 Greatest Empires in History Which Nearly Conquered the World

The 6 Cheapest Boarding Schools In America 2015

5 Clear Reasons LoL is Better than DotA, Continues to Rule MOBAs

The Only 9 Teams with a Chance to Win the Super Bowl

The 15 Most Common Phobias in America that Induce Fits of Panic

Top 6 Least Expensive Tourist Destinations in 2014

Jim Goetz, Peter Fenton, Jim Breyer: Top 6 Venture Investors for 2014

Top 15 Billionaires in 2014

5 Pitfalls To Avoid When Buying a Franchise

Top 20 Medical Schools in the US – 2014 Rankings

4 Business Strategies that Turned Jamie Oliver into the World’s Richest Chef

6 Qualities That Make You A Good Team Player

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!