Noam Gottesman’s Top Stock Picks Include Facebook Inc (FB)

Page 1 of 2

We have been working on analyzing the latest round of 13F filings from hedge funds and other notable investors. These documents disclose many of a filer’s long equity positions in U.S. stocks as of the end of the most recent quarter (December in this case). We have found that even with the lag in reporting the public can still use this information in a few different ways. For one, the most popular small cap stocks among hedge funds outperform the S&P 500 by 18 percentage points per year on average and other investment strategies are possible as well (read more about imitating hedge funds’ stock picks). Another way to use 13F filings is to use top picks by fund managers as free recommendations. Just as with any other source of ideas it’s important to evaluate these investments on their own merits. Here are Noam Gottesman and GLG Partners’ five largest single-stock equity holdings according to the 13F:

GLG increased its stake in VMware, Inc. (NYSE:VMW) to a total of about 840,000 shares. VMware’s software products and solutions are focused on cloud computing. Its stock price has fallen 28% in the last year and 14% of the outstanding shares remain short, as earnings growth has been low recently even while sales have been quite strong. At a trailing earnings multiple of 42 VMware will have to start generating earnings growth very soon in order to justify its valuation. Billionaire Steve Cohen’s SAC Capital Advisors was buying shares of VMware in Q4 (see Cohen’s stock picks).

Facebook Inc (FB), JetBlue Airways Corporation (JBLU)

Another growth stock that Gottesman and his team were buying last quarter was Facebook Inc (NASDAQ:FB) – they had 2.2 million shares at the end of December per the 13F. Facebook Inc (NASDAQ:FB) was one of the most popular tech stocks among hedge funds in the fourth quarter of 2012 (find more tech stocks hedge funds love) despite the fact that its forward earnings multiple- based on estimates for 2014- is 35. While Facebook Inc (NASDAQ:FB) has been experiencing high revenue growth it has been accompanied by high costs and it is unclear to us that it can become as profitable as investors believe.

Learn about more of GLG’s top stock picks:

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 Airports in the World

The 5 Most Gang Infested Cities In America

The 34 Smartest Countries in the World

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

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!