Hedge Fund Holdings In Cramer’s Stock Picks

Jim Cramer is one of the top watched TV personalities on CNBC. He is the host of Mad Money and also the co-founder and chairman of TheStreet.com. Nearly two hundred fifty thousand people watch his show daily on TV and most of these are ordinary investors trying to understand what’s going on in the market. Jim Cramer’s bullish and bearish stock picks on his show is the starting point for many investments made by these folks. Insider Monkey, your source for free insider trading data, will try to help these people by analyzing hedge fund holdings in these stocks.

Jim Cramer

On April 29th Jim Cramer was bullish about the following stocks:

Baidu (BIDU) and Sina Corp (SINA): Cramer has been very bullish about these two Chinese internet companies for a while now. He said Beijing-based Renren Network, which is similar to Facebook, is going to go public next week and it will ignite an increase in Chinese internet companies. To investors considering selling these two stocks, Cramer recommended not to sell BIDU and SINA until Renren goes public. Baidu is very popular among prominent investors. Fisher Asset Management, Coatue, Discovery Capital, and JAT Capital had $100+ Million in BIDU at the end of December. Sina wasn’t nearly as popular but hedge funds bullish about China also had SINA in their portfolios. Shumway Capital, Coatue and JAT are the largest holders.

Avnet (AVT) and Apple (AAPL): Cramer interviewed Avnet’s CEO on Friday. The stock reported its first quarter earnings on Thursday and beat expectations by 11 cents. Cramer uses this stock to gauge the direction of tech stocks. He said Avnet is the reason why he is bullish about mobile internet stocks, i.e Apple (AAPL), and semiconductors. He is still bullish about Avnet, which returned 35% since Cramer last interviewed its CEO in January 2010. Avnet isn’t very popular among hedge funds. Cliff Asness’ AQR had $18 Million in AVT at the end of December. Apple is the most popular stock among hedge funds. Hedge fund stars like David Einhorn, John Griffin, Stephen Mandel, Chase Coleman and John Burbank all own AAPL in their portfolio.

Ferro (FOE): Cramer thinks it is a good idea to buy this stock in dips and sell it in rips. Since the stock is in a dip right now, he recommended buying it. Ferro isn’t in a lot of hedge funds’ radar. Chuck Royce and Jim Simons have small positions in this stock.

Chipotle Mexican Grill (CMG): Chipotle declined close to 10% during the past couple of weeks. Jim Cramer is calling bottom here. Jim Simons had the largest position in CMG. Mark Broach’s Manatuck Hill Partners also had more than $122 Million in CMG at the end of December.

Goodrich (GR): Cramer recommended GR in his Lightning Round. He said GR will benefit from the new product cycle in aerospace industry. Goodrich is also one of Larry Robbins’ favorite stock picks. Stephen Mandel’s Lone Pine and Lee Ainslie’s Maverick also have large positions in GR. We also like this stock.

Columbia Sportswear (COLM): Cramer likes this stock even though it went up 32% since he first recommended it in October 2010. He doesn’t agree with naysayers who are worried about increasing input prices. Chuck Royce had the only significant position in COLM at the end of December.

VF Corp (VFC): The stock beat the earnings estimates and raised its guidance for the rest of 2011. Despite this, the stock went down after the announcement. Cramer still likes this name though. This stock isn’t in hedge funds’ radar.

General Motors (GM) and Herbalife (HLF): These two are the other stocks Cramer expressed bullish views in his discussions. GM has been a real disappointment for several hedge funds. It was one of the most popular stocks among hedge funds at the end of December. John Griffin’s Blue RigdeWilliam Ackman’s Pershing Square, George Soros, David Tepper’s Appaloosa, Roberto Mignone’s Bridger Management,  Richard Perry’s Perry Capital, and Leon Cooperman’s Omega Advisors are among the several high profile hedge funds with GM positions. Herbalife isn’t nearly as popular as GM. Patrick McCormack’s Tiger Consumer had the largest position in this stock among the hedge funds we follow.

Jim Cramer was bearish about the following stocks:

Avon Products (AVP): Cramer thinks Avon’s CEO Andrea Jung is a serial disappointer. He is bearish about AVP. The only hedge fund with at $10 Million investment in AVP was Phill Gross’ Adage.

Whole Foods (WFMI): Cramer says there are concerns that Whole Foods’ growth is slowing down. He wonders whether Trader Joe’s is cutting into WFMI’s sales. He recommended reducing exposure before the earnings announcement. Steve Cohen had nearly $45 Million in WFMI at the end of December.

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

The Top 10 States With Fastest Internet Speeds

10 Best Places to Visit in USA in August

Top 10 Cities to Visit Before You Die

Top 10 Genetically Modified Food In the US

15 Highest Grossing Movies Opening Weekend

5 Best Poker Books For Beginners

10 Strategies Hedge Funds Use to Make Huge Returns

Top 10 Fast Food Franchises to Buy

10 Best Places to Visit in Canada

Best Summer Jobs for Teachers

10 Youngest Hedge Fund Billionaires

Top 10 One Hit Wonders of the 90s

Fastest Growing Cities In America

Top 10 U.S. Cities for Freelancers

Top 9 Most Popular Free iPhone Apps

Top 10 Least Expensive Private Business Schools in the US

Top 15 Most Expensive Countries in the World – 2014

Top Businesses to Invest In

Top 5 Things You Might Be Doing Wrong With Your Business

Top 5 Strategic Technology Trends in 2014

Top Rags to Riches Stories

Parenting Behavior That Promotes Future Leaders

Top 5 Mistakes Made by Small Businesses

Top 5 Most Common and Potentially Devastating Financial Blunders

Top 5 Highest Paying Jobs for Web Designers

Top 6 Most Respected Professions that Also Pay Well

Top 5 Pitfalls Investors Should Avoid

Top 6 Lawyers and Policy Makers Under 30

Top 6 New Year’s Resolutions for Entrepreneurs

Top 7 Locations to Check in on Facebook

Top 5 Mistakes made by Rookie eBay Sellers

Top 7 eBook Publishers in 2013

Top 6 Health Industry Trends in 2014

5 Lessons for Entrepreneurs from Seth Godin

Top 5 Success Tips from Jordan Belfort – the Wolf of Wall Street

Best Master’s in Finance Degree Programs

Top 6 Earning Celebrities Over 50

The most expensive sports to play

Top 7 Earning Celebrities Under 25

Best 7 Online Courses to Take: Free Finance MOOCs

Top 6 Bad Habits that Promote Failure

20 Most Valuable Soccer Teams in the World in 2013

12 Most Expensive Countries for Foreign Students

Top 30 Most Influential Women in the World

Top 20 Most Expensive New Year Eve Shows

Top 5 Best Vocational Careers

Top 10 Jobs for 2014 by Salary Gain (Predictions)

Top 5 Digital Trends for 2014

Top 6 Things You Can Do To Increase Your Productivity

Top 9 Trending Smartphones in 2013

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!