Malcolm Fairbairn and Ascend Capital’s Top 10 Stock Picks

Ascend Capital is a San Francisco based long-short equity hedge fund that was founded in 1999. The fund’s founder and Chief Investment Officer is Malcolm Fairbairn. Ascend Capital has more than $3 Billion in AUM as of May 2011. Ascend Partners II fund had a 3-year annualized return of 8.3% between 2006 and 2008, and lost only 3% in 2008. Ascend Partners II was among Barron’s Top 100 hedge funds in 2009. Ascend Partners II returned 8.6% annually between January 2004 and May 2010. Ascend Partners, Ascend’s flagship fund returned 16.2% annually between Jan 2000 and September 2007. Fairbairn previously worked at Citadel Investment Group and Strome Susskind. Malcolm Fairbairn holds an MBA from Harvard Business School and has B.S. and M.S. degrees in Chemical Engineering from Massachusetts Institute of Technology.

Ascend Capital’s top 10 stock picks gained 1.5% during the second quarter, beating the S&P 500 index by 1.4 percentage points. Here are Malcolm Fairbairn’s top 10 stock picks:

Comcast Corporation (NASDAQ:CMCSA)

Fairbairn’s top stock pick was Comcast (CMCSK) and the stock returned nearly 5% during the first quarter. His second largest position, Air Products (APD), returned 6.6%. Incidentally he increased his holdings in APD by 140% during the first quarter. Phill Gross’ Adage Capital more than quadrupled its position in APD to $155 Million as well. Ric Dillon’s Diamond Hill has the second largest position in APD with $147 Million at the end of March. You can see the list of all hedge funds with positions in a given stock on each stock’s page. Alternatively you can check out a hedge fund’s all stock holdings on that hedge fund’s page.

We will keep you updated on changes in Ascend Capital’s portfolio.

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!