Sandy Nairn’s Latest Stock Picks Include Google Inc (GOOG)

Page 1 of 2

Edinburgh Partners has about $13 billion under management, and while the fund is based in Scotland it does make substantial investments in U.S. stocks (it also has an office in New York). The fund, which is managed by Sandy Nairn, tends to be less diversified than many other hedge funds; it only reports significant positions in between 10 and 15 stocks in its 13F filings. These filings reveal some of its long equity holdings and can serve as a source of ideas that investors can consider further before deciding whether or not each is a good fit for their own portfolio. Read on for a quick look at the five largest positions Edinburgh reported on its most recent 13F, for the end of December, and compare them to previous filings.

Sandy Nairn

Cisco Systems, Inc. (NASDAQ:CSCO) was Edinburgh’s top pick with the fund reporting a position of almost 12 million shares at the beginning of 2013. Cisco was also one of billionaire Ken Fisher’s Fisher Asset Management’s favorite stocks according to that fund’s recently released 13F (check out the rest of Fisher’s latest stock picks). The stock trades at 13 times trailing earnings, despite 18% earnings growth in its most recent quarterly report compared to the same period in the previous fiscal year; revenue growth was lower, but still moderate. We think that Cisco could be a value play.

The fund reported owning about 300,000 shares of Google Inc (NASDAQ:GOOG), down from about 340,000 three months earlier (Edinburgh seems to have generally reduced its equities exposure during Q4). Google Inc (NASDAQ:GOOG) had been the second most popular stock among hedge funds in the third quarter of 2012 (see the full top ten list), and the stock trades at 16 times consensus earnings for 2013 as both the sell-side and the market expects high earnings growth. We think that investors should wait for more quarterly data from Google Inc (NASDAQ:GOOG) to get a better picture of how much it is benefitting from the Motorola Mobility acquisition.

The fund had a large position in another big tech stock:

Page 1 of 2

Biotech Insider Alert - $6 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.
Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The Oldest Money Managers

The Greatest Directors in the World

Largest Animals in the World

World’s Most Expensive Desserts

Best Selling Comic Books of All Time

A-list Actors who Sabotaged Their Career

Rappers With a College Degree

The Best Jazz Albums of all Time

The Most Influential Jazz Musicians

The World’s Most Famous Photographers

The Best Oscar-Winning Songs

Most Influential Choreographers Ever

Most Expensive Department Stores in the World

The Most Expensive Stolen Paintings in the World

The World’s Most Expensive Teas

Top Oscar Record Holders

The Most Expensive Flowers in the World

Countries With a Booming Film Industry

Most Expensive Cupcakes in the World

Uncommon European Escapes

The Most Stolen Artists in History

Best Travel Destinations in Australia

World’s Most Expensive Musical Instruments

World’s Most Famous Animals

Most Expensive Cakes in the World

Most Expensive Kosher Champagne in the World

Most Expensive Kosher Wine in the World

The Most Surprisingly Dark Fairy Tales

Most Popular Travel Destinations in Asia

The 10 Most Expensive Dresses Ever Worn to the Oscars

World’s Most Visited Art Museums

Best Countries for Photographers to Work in

Best Paid Jobs in the Film Industry

The Most Renowned Recovered Paintings Ever

Child Stars That Turned out Just Fine

Books That Were Banned in the Past Century

World’s Richest Dancers

Best Remedies against Bad Breath

Foods That Improve Your Skin Texture

Best-Selling Children’s Books of all Time

Foods That Boost Your Libido

Best-Selling Books of all Time

The Most Expensive Academy Awards Jewelry in History

Most Expensive Japanese Restaurant In New York City

The Best B-Boy Movies

Most Awesome Hip Hop Documentaries

Foods That Stain Your Teeth

Richest Doctors in the World

The Best Movie Sountracks Ever

The Highest Grossing Musicals on Broadway

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 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!