Hedge Funds’ Most Popular Consumer Services Stocks Include Amazon

Page 1 of 2

We think that there are a number of ways for investors to use quarterly 13F filings, which are filed six to seven weeks after the end of a quarter and disclose many of a hedge fund (or other major investor)’s long equity positions as of the end of the quarter. For example, we have found that the most popular small cap stocks among hedge funds produce an excess return of 18 percentage points per year (read more about our small cap strategy). We can also determine the most popular stocks in total or in different sectors or industries by counting how many filers in our database reported a position in each company. Here are the ten most popular consumer services stocks among hedge funds:

Andreas Halvorsen

The most popular services stock was News Corp (NASDAQ:NWSA), as many hedge funds likely were attracted to the opportunities inherent in breaking up the company and allowing management to concentrate on operations. 67 funds reported a position in News Corp, including Tiger Cub Andreas Halvorsen’s Viking Global which owned over 34 million shares (research more stocks Halvorsen was buying).

58 filers in our database owned shares of online retailer Amazon.com, Inc. (NASDAQ:AMZN), down slightly from three months earlier as the company continued to struggle with profitability. Tiger Global, which counts billionaire Chase Coleman among its fund managers, more than doubled the size of its Amazon position to a total of 1.2 million shares (find Tiger Global’s favorite stocks).

Home and business security spinout ADT Corp (NYSE:ADT) was another popular services stock, with 57 hedge funds and other notable investors owning the former business unit of Tyco International. Citadel Investment Group, which is managed by billionaire Ken Griffin, was one of the funds buying into the spinout early (check out what else Griffin was buying).

We counted 55 filers in our database with positions in Liberty Media Corp (NASDAQ:LMCA), the $17 billion market cap provider of broadband, telephone, and TV services. Warren Buffett apparently likes the stock, with his holding company Berkshire Hathaway adding shares and closing December with 5.6 million shares in its portfolio (see Buffett’s stock picks).

Ownership of Wal-Mart Stores, Inc. (NYSE:WMT) ticked up slightly to a total of 54 funds, making the big-box retailer another popular consumer stock. It was recently leaked that Wal-Mart was off to a poor start of the year in 2013. The Bill and Melinda Gates Foundation owned a little over 11 million shares at the end of December. Research what else the foundation is invested in.

Read on for more consumer services stocks that hedge funds loved:

Page 1 of 2
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 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

10 High Paying Seasonal Jobs in America this Holiday Season

The 10 Busiest Shipping Lanes in the World

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!