Hedge Fund Levin Capital Strategies’ Stock Picks for 2013

Page 1 of 2

This week many hedge funds and other major investors are filing their 13Fs for the fourth quarter of 2012, as these filings (which publicly disclose many of a fund’s long U.S. equity positions as of the end of December) are due by February 15th. 13F filings provide a number of opportunities for investors. We like to use them to help develop investment strategies, including our most popular small cap stocks among hedge funds portfolio. The most popular small cap stocks among hedge funds, which we listed in our August 2012 newsletter, produced an excess return of 18 percentage points between September and January (read more about our hedge fund strategies). We also like to use individual fund filings as a list of suggestions that we can then research so investors are more aware of the company. Here are five of John Levin’s Levin Capital Strategies’s largest holdings as of the beginning of 2013 (see Levin’s stock picks over time):

The fund owned 4.3 million shares of Eaton Corporation, PLC (NYSE:ETN), up from 3.1 million shares three months earlier. Eaton is a provider of electrical components and has a market capitalization of $23 billion. Earnings were down sharply in its most recent quarter compared to the same period in the previous year, though revenue was up. Eaton trades at 17 times trailing earnings, which might be a little high for us to consider it as a value stock. Billionaire Ken Griffin’s Citadel Investment Group was buying Eaton in the third quarter of 2012 (find Griffin’s favorite stocks).

Pfizer Inc. (NYSE:PFE)

Levin also increased its holdings of large pharmaceutical company Pfizer Inc. (NYSE:PFE). Billionaire Ken Fisher of Fisher Asset Management named Pfizer his top stock pick for 2013 in December of last year (check out more stocks he likes and research Fisher’s previous filings). In the fourth quarter of 2012, the company saw a 10% decline in revenue and an abnormal bump in net income. At a trailing P/E of 14 it might be worth researching the company further. Pfizer also pays a dividend yield of 3.6% and so may be of interest to income investors.

See three more of Levin’s stock picks, including a major bank:

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

Foods That Stain Your Teeth

Richest Doctors in the World

The Best Movie Sountracks Ever

The Highest Grossing Musicals on Broadway

The Most Successful Reality TV Stars

Cheapest Cities to Visit in the US

Most Expensive Summer Camps

Most Expensive Animals in the World

Most Expensive Specialty Crops in the World

Movies That Took Ages to Make

The Longest Hollywood Films Ever Made

Most Expensive Concert Stages

The Richest Bands of all Time

10 Most Corrupt Countries 2013 List

10 Countries with the Highest Quality of Life Index

Most Expensive Mattresses in the World

5 Smallest Countries by Land Area

The Ultimate Heartbreak Songs

Richest Teenagers in the World

10 Most Haunted Places in America

10 Best Places to Retire in Florida East Coast

Top 10 Places to See Before You Die

Top 8 Countries in the World Where Justice Prevails

10 Richest States in America

15 Wealthiest Countries in the World

Richest Singers in the World

Most Expensive Tasting Menu in New York City

Most Expensive Baby Items in the World

Most Expensive Hotel Suites in Vegas

Most Expensive Brunch in New York City

Most Expensive Beef Cuts in the World

25 Best Colleges to Get a Job

Top 10 US Supermarkets

The 25 Most Dangerous Cities in the World to Visit

Most Expensive Xbox Games

Top 11 Cities Where Billionaires Live

Top 10 Most Charitable Companies in America

Most Expensive Seafood in the World

The 10 Wildest Conspiracy Theories

The 10 Best Job Markets in the US

Top 10 Accounting Scandals of All Time

The 25 Biggest Cities in the World

Top 10 Best Paying Virtual Jobs

Most Expensive Leather Shoes in the World

Top 6 Things to Buy in March

The 10 Most Stressful Jobs in America – 2014 List

Top 10 Jobs for Introverted People

Top 10 Honeymoon Destinations in the World

Top 10 Highest Paying Jobs in the World

Most Expensive Day-Care in New York City

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!