Las Vegas Sands Corp. (LVS), EMC Corporation (EMC)…$22.5 Billion Hedge Fund Bullish On These Stocks

Page 1 of 2

Editor’s note: There were two errors in our original article: (1) Soliris is approved for both aHUS and PNH (Paroxysmal nocturnal hemoglobinuria). (2) Alexion holds the patent until 2021 in the US and until 2020 in most European countries. Insider Monkey regrets the errors, and they have been corrected.

Viking Global is a $22.5 billion hedge fund run by Norwegian native Andreas Halvorsen. The fund made an amazing 89% in its first year, and is global equity-focused with a bottom-up strategy, which explains the diverse sectors within its equity portfolio. According to the 4Q 13F, Viking Global added to their already plentiful positions.  Let’s see the top five new picks for Andreas Halvorsen and Viking Global, because it’s always important to track the wondrous potential of strategies like this; learn how your peers have beaten the market.

Andreas Halvorsen

Viking bought over 4 million shares of Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN), which is 2.6% of the entire 13F portfolio.  Alexion’s principal product is Soliris for the treatment of atypical hemolytic uremic syndrome (aHUS) and paroxysmal nocturnal hemoglobinuria (PNH).  Alexion is the only pharmaceutical company that developed a drug for its treatment, and holds the patent on Soliris in the US until 2021 and in Europe until 2020, in most countries.  In the meantime, Soliris is generating significant returns for Alexion and in the fourth quarter of 2012, the company’s revenues rose 45% from the prior year.  Keeping costs down helped push net income up 45%. At $96.20, the stock appears to be overpriced as its P/E ratio is 75x versus a sector average of 64x.  But we’re guessing that until at least 2020, Alexion won’t have too much trouble luring investors away from some of the other, less exclusive pharmaceuticals.

Las Vegas Sands Corp. (NYSE:LVS)

At number two is Las Vegas Sands Corp. (NYSE:LVS). Despite the name, Las Vegas Sands Corp. (NYSE:LVS) develops casinos throughout the world, including Singapore, Macao and Bethlehem Pennsylvania –its Asian properties generate 85% of the company’s total revenue.  Las Vegas Sands Corp. (NYSE:LVS) is one of only two gaming license holders in Singapore and one of six in Macao, giving the company a decidedly wide competitive advantage.   Given its dominance in this sector, the price/sales ratio of 4x compared to the sector average of 1.7x is understandable. However, over the past two years, Las Vegas Sands Corp. (NYSE:LVS)has seen total income remain relatively flat with a slight decline in their bottom line year over year.

Third on the list is Autozone, Inc. (NYSE:AZO) with a purchase of 582,800 shares. Autozone, Inc. (NYSE:AZO) and its closest competitor, Advanced Auto Parts, are both in the DIY auto-repair business, which has done very well during the recent economic slump, as auto owners hold onto their aging cars longer (and forego costly mechanic bills).  Although there is a wide gap in their sizes (Auto Zone has a market cap of $14 billion versus $6 billion for Advanced Auto), most of their metrics are roughly the same.  The only noticeable difference – and one most important to investors – is the growth ratio.  Autozone clearly has the advantage here over Advanced Auto Parts, as well as a negligible debt/equity ratio compared to Advanced Auto Parts.

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 Countries with the Highest Suicide Rates

The 10 Most Technologically Advanced Countries in the World

The 10 Safest Countries in the World to Live in Peace

The 10 Top Selling Smartphones in the World 2014

The 12 Biggest Shopping Centers in the World

The 10 Friendliest Countries in the World

Qihoo 360 Technology Co Ltd (QIHU), Actavis plc (ACT), Yahoo! Inc. (YHOO) Among 20 Long Ideas from Sohn Canada

The 10 Laziest Countries in the World

The 10 Most Polluted Countries in the World

The 10 Most Dangerous Cities in America 2014

The Top 10 Gold Producing Countries in the World

The 10 Tallest Buildings in the World

The 10 Richest Stand Up Comedians in the World

The 10 Fattest Countries in the World

The 5 Best Summer Jobs for Teens

The 10 Most Religious Countries in the World Keeping the Faith

The 10 Most Educated Countries in the World

The 10 Most Popular Cell Phones in the World

The 10 Drunkest Countries in the World

The 10 Most Expensive Private Schools in the World

The 10 Smallest Countries in the World

Walking Dead Season 5 Spoilers You’ll Wish You Didn’t Know

The 10 Poorest Countries in the World

The 10 Greenest Countries in the World

The Top 10 Countries with the Highest Population in the World

The 10 Most Visited Countries in the World

The Top 10 Star Wars Characters in the Iconic Series

The 10 Most Expensive Android Phones in the World

5 Reasons Why The Illuminati Is Real and a Threat to Society

The 6 Scariest Halloween Costumes Ever Screamed At

The 4 Biggest Hedge Fund Managers in the World Today

The 15 Most Densely Populated Countries in the World

The 10 Biggest Tea Drinking Countries in the World

Top 6 Ways to Improve Your Checkout Process and Close Sales

The 5 Most Profitable Online Businesses You Can Start Today

The 20 Most Profitable Hospitals in the US

The 5 Most Profitable Home Businesses to Start

The 7 Teams that Will Win the Stanley Cup in 2015

The Top 10 Most Expensive Digital Cameras to Snap Stunning Shots With

The 10 Highest Quality Fast Food Restaurants In America Today

The 8 Best Halloween Decorating Ideas to Spook Up Your House

10 Marvel Women that Should Get a Movie Right Now

The 20 Best Remixes of Popular Songs that Will Make You Forget the Originals

7 Most Expensive Cities in the World

5 Least Expensive Cities in the World

10 Celebrities Who Believe In Scientology

10 High Margin Food Products to Build a Business Around

The 10 Most Expensive Clothing Stores in the United States to Get Decked Out At

The 5 Biggest Kickstarter Scams That Swindled Backers’ Donations

The 10 Most Expensive Boarding Schools 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!