Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

McKinley Capital Management’s Top Picks Include Apple Inc (AAPL), Facebook Inc (FB) & Gilead Sciences Inc (GILD)

Page 1 of 2

McKinley Capital Management, headed by Robert B. Gillam, is an independent investment firm headquartered in Anchorage, Alaska, that focuses on the growth type of equities, including U.S., non-U.S., and active extension, global and alternative strategies across all capitalization spectrums. The fund oversees over $7 billion equivalent of assets with some $2.33 billion allocated for the 13F equity portfolio. The preferences of McKinley Capital Management in the 13F portfolio are inclined towards technology and consumer discretionary stocks, which amass nearly 40% of the equity portfolio in aggregate. So let’s take a closer look at McKinley Capital Management’s top picks and see how they performed in the last months.

Apple Inc. (NASDAQ:AAPL), Logo, Sign on a building, brand, company, architecture

pio3 /

We pay attention to hedge funds’ moves because our research has shown that hedge funds are extremely talented at picking stocks on the long side of their portfolios. It is true that hedge fund investors have been underperforming the market in recent years. However, this was mainly because hedge funds’ short stock picks lost a ton of money during the bull market that started in March 2009. Hedge fund investors also paid an arm and a leg for the services that they received. We have been tracking the performance of hedge funds’ 15 most popular stock picks in real time since the end of August 2012. These stocks have returned 123.1% since then and outperformed the S&P 500 Index by around 66.5 percentage points (see more details here). That’s why we believe it is important to pay attention to hedge fund sentiment; we also don’t like paying huge fees.

Robert B. Gillam
Robert B. Gillam
McKinley Capital Management

The information from the most recent 13F filing, revealed that McKinley Capital had the largest holding in Apple Inc (NASDAQ:AAPL) at the end of June. Over the second quarter, Robert B. Gillam trimmed the stake in in the tech giant by 6%, leaving around 745,400 shares valued at $93.49 million. During the same period, the stock mostly traded sideways and inched up by 1.6%. Moreover, Apple Inc (NASDAQ:AAPL)’s stock has had a rough period lately, losing ground after the latest financial report, which indicated disappointing figures for iPhone sales, which missed the estimates. Carl Icahn’s Icahn Capital led the list of the most prominent investors in Apple Inc (NASDAQ:AAPL) with 52.76 million shares worth $6.57 billion at the end of March.

Page 1 of 2

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

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 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!