Stuart Weisbrod’s Iguana Healthcare Management Is Fond of These Stocks

New York City-based Iguana Healthcare Management was founded by Stuart Weisbrod in 2010. The fund invests in pharmaceuticals, biotechnology, medical devices, diagnostics, healthcare services and healthcare IT companies, and has an estimated $113 million of assets under management. Dr. Weisbrod was the founder of the Merlin BioMed Group and served as its chief investment officer from January 1998 until it closed in December 2007. The funds managed by Dr. Weisbrod at Merlin BioMed returned a compounded annualized return of over 20%. He began his buy-side career at Harpel Advisors in 1994 as a Partner, responsible for the firm’s healthcare and cyclical investment activities.

Amgen, Inc. (NASDAQ:AMGN)

In the latest round of 13F filings, Iguana has released its first 13F. The fund has revealed a total of 22 positions, and the value of its equity portfolio amounted to more than $175 million. Healthcare stocks represent 80% of the portfolio.

From Iguana’s equity portfolio, we have picked the top five holdings in term of value. The first one is Amgen Inc. (NASDAQ:AMGN), in which the fund owns 100,000 shares, with a reported value of more than $11 million. The company is engaged in discovering, developing, manufacturing and delivering human therapeutics.

The next is Merck & Co. Inc. (NYSE:MRK), in which the fund disclosed holding 175,000 shares, worth nearly $9 million. Merck & Co. Inc. (NYSE:MRK) is a global healthcare company working to help the world be well. The company, through its prescription medicines, vaccines, biologic therapies, and consumer care and animal health products, is working with customers and operate in more than 140 countries.

The third largest holding is Biogen Idec Inc (NASDAQ:BIIB), in which Iguana holds 30,000 shares. The value of the position is close to $9 million. Biogen Idec discovers, develops, manufactures and markets therapies for the treatment of neurodegenerative diseases, hemophilia and autoimmune disorders.

On the fourth spot is Zimmer Holdings Inc. (NYSE:ZMH). Iguana reported ownership of 80,000 shares of the company, with a valued at more than $8 million. The company designs, develops, manufactures and markets orthopaedic reconstructive, spinal and trauma devices, dental implants, and related surgical products.

Coming fifth is Gilead Sciences Inc. (NASDAQ:GILD), a biopharmaceutical company that discovers, develops and commercializes innovative therapeutics in areas of unmet medical need. The fund holds 85,000 shares, worth over $6 million.

Disclosure: none

Recommended reading:

Druckenmiller’s 4Q13 Portfolio Changes

Tricadia Capital Management’s Is Betting Big On These Stocks

Rock Springs Capital Management’s Top 5 Largest Stock Picks

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 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

The Most Successful Reality TV Stars

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!