Microsoft Corporation (MSFT), Google Inc (GOOG): Scotland-Based Edinburgh Partners Is Loading Up On Tech

Scotland-headquarted hedge fund, Edinburgh Partners is managed by Sandy Nairn and also has an office in New York. With assets under management worth over $13 billion, Edinburgh Partners employes a bottom-up, fundamentals driven approach and also takes a company’s earnings outlook over a five-year period into consideration.

At Insider Monkey, we follow the activity of Edinburgh Partners among other hedge funds, and one of the most efficient ways to track the latest moves made by a hedge fund is by taking a look at quarterly 13F filings; discover the secrets of this strategy here.

In this way, let’s take a closer look at the top five largest stocks from Edinburgh Partners’ equity portfolio. The list is led by Microsoft Corporation (NASDAQ:MSFT). Highlights also include Google Inc (NASDAQ:GOOG) and Tyco International Ltd. (NYSE:TYC).

In Microsoft Corporation (NASDAQ:MSFT), Edinburgh Partners reported a stake which contains over 6 million shares, and is worth $207.5 million. During the second quarter of the year, the hedge fund reduced its position in Microsoft by almost 1 million shares. Since the beginning of the year, the stock of Microsoft Corporation (NASDAQ:MSFT) has returned almost 21%.

Google Inc (NASDAQ:GOOG)In the second position is situated Google Inc (NASDAQ:GOOG), in which Sandy Nairn’s hedge fund disclosed ownership of 231,700 shares, the value of the stake amounting to $204 million. In the previous round of 13F filings, Google Inc (NASDAQ:GOOG)’s stake in Edinburgh Partners’ equity portfolio amounted to $215.6 million and contained 271,504 shares.

We should also mention Tyco International Ltd. (NYSE:TYC), in which the hedge fund holds over 5.2 million shares, worth $171.4 million. This is a new position in the Edinburgh Partners’ 13F portfolio. The year-to-date return of Tyco International Ltd. (NYSE:TYC)’s stock is more than 19% and it sports a forward P/E of 16.3x.

The next on the list is Johnson Controls, Inc. (NYSE:JCI), represented in Edinburgh Partners’ 13F by a $170 million stake, which contains 4.8 million shares. During the second quarter of the year, the hedge fund reduced its stake in Johnson Controls, Inc. (NYSE:JCI) by 16%, equivalent to 932,066 shares. This stock has returned about 35.5% since the beginning of the year.

Last but not least is Carnival Corporation (NYSE:CCL). Edinburgh Partners reported a $168.8 million position in Carnival Corporation (NYSE:CCL), which contains more than 4.9 million shares, up by 483,773 shares over the quarter. With an almost flat return since the beginning of the year, Carnival Corporation (NYSE:CCL)’s stock trades at a forward P/E of 16.5x.

On the whole, the equity portfolio of Edinburgh Partners has a value of $1.68 billion, slightly higher compared to the first-quarter value of $1.64 billion. The portfolio contains 39 positions, up from 27 equities disclosed as at the end of March.

In addition to Edinburgh Partners, Richard Pzena’s Pzena Investment Management, Carl Icahn’s Icahn Capital, and Thomas Bailard’s Bailard Inc are a few other funds worth watching.

Disclosure: none

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!