Twenty-First Century Fox Inc. (FOX), Microsoft Corporation (MSFT), Charles Schwab Corp (SCHW): Route One Investment Company Top Q2 Picks

In its recent 13F filing with the U.S. Securities and Exchange Commission, Route One Investment Company, managed by William Duhamel, has revealed its equity positions for the second quarter of 2014, reporting 10 holdings in its equity portfolio. The total value of Route One Investment Company’s portfolio amounted to more than $450 million, down from $589.1 million at the end of first quarter. In this piece, we will talk about the fund’s top three holdings, which include Twenty-First Century Fox Inc. (NASDAQ:FOX), Microsoft Corporation (NASDAQ:MSFT), and Charles Schwab Corp (NYSE:SCHW).

Twenty-First Century Fox Inc (NASDAQ:FOX)

Route One Investment disclosed holding 2.92 million shares of Twenty-First Century Fox Inc. (NASDAQ:FOX), with a value of nearly $100 million. The position remained unchanged over the quarter. The company planned to acquire Time Warner Inc (NYSE:TWX) recently, but has withdrawn its bid at the beginning of August. Other hedge funds betting big on Twenty-First Century Fox Inc. (NASDAQ:FOX) include Donald Yacktman’s Yacktman Asset Management, which holds 44.22 million shares, and Eagle Capital Management, led by Boykin Curry, which owns 20.66 million shares of the company.

On the second spot is Microsoft Corporation (NASDAQ:MSFT), in which the fund upped its stake to 1.96 million shares from 1.56 million shares held previously. The reported value of the fund’s stake is nearly $82 million. According to a recent article by Reuters, Satya Nadella, CEO of Microsoft Corporation (NASDAQ:MSFT), plans to visit China sometime in September as he tries to push for the lessening of investigations into the company’s operations. First Pacific Advisors LLC, run by Robert Rodriguez, reported ownership of 6.9 million shares of Microsoft Corporation (NASDAQ:MSFT). Jeffrey Ubben, the manager of ValueAct Capital, is also a fan of Microsoft Corporation (NASDAQ:MSFT), having increased his fund’s investment in the company by 5% to 74.2 million shares during the second quarter.

Charles Schwab Corp (NYSE:SCHW) is represented as the third largest holding, in which Route One Investment revealed holding 2.11 million shares, worth $56.8 million. Charles Schwab Corp (NYSE:SCHW) is a provider of financial services, which, through its operating subsidiaries, offers a full range of securities brokerage, banking, money management and financial advisory services. For the second quarter of 2014, Charles Schwab Corp (NYSE:SCHW) reported net income of $324 million, compared to $256 million for the same quarter of 2013, according to a press release.

Other largest shareholders of Charles Schwab Corp (NYSE:SCHW) include SPO Advisory Corp, led by John H. Scully, which owns 42.66 million shares, and Patrick Degorce’s Theleme Partners, which holds 10.34 million shares of the company.

San Francisco-based Route One Investment Company was founded by William Duhamel, Jason E. Moment, Ashish H. Pant and Richard H. Voon in 2010.

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

10 Best States To Practice Medicine

The 10 Best States to Have a Business

The 12 Most Expensive Apple (AAPL) Apps in the Market

The 10 Richest Billionaires in the World

10 Biggest Kickstarter Failures

The 10 Best Places to Work At

The Top 10 of Google Inc (GOOGL)’s Most Expensive Acquisitions

13 Best Cities to Visit in South America

10 Most Expensive Works of Art of All Time

The 10 Richest Banks in the World

The 10 Best-Paying Jobs in America (2014)

7 Most Expensive Foods in the World

The World’s Top 10 Earning Authors

Five Wicked and Very Expensive Items (and Other “Stuff”) Sold on eBay

10 Biggest Celebrity Bankruptcies

The Top 10 Highest Paid CEOs in 2014

The 10 Most Expensive Real Estate Cities in America

10 Most Expensive States To Live In America

The 10 Best Airlines in the World

The 10 Best-Selling Cars in 2014

The 10 Best Industries to Invest In

The 10 Most Expensive States to Own a Car In

Top 10 Business Schools in US: 2014 Rankings

Top 20 Female Billionaires in 2014

6 Movies That You Should Watch to Better Understand The Cold War

Top 15 Best Paying Jobs for Women in 2014

Top 6 Things Rich People Do Differently Every Day

5 Retirement Mistakes To Avoid (and Einstein’s Famous Quote)

11 Smartest People in the World

6 Films About the Financial World You Need To Watch (While “The Wolf” is Not Around)

Warren Buffett and Billionaires Are Crazy About These 7 Stocks

The Top 10 States With Fastest Internet Speeds

10 Best Places to Visit in USA in August

Top 10 Cities to Visit Before You Die

Top 10 Genetically Modified Food In the US

15 Highest Grossing Movies Opening Weekend

5 Best Poker Books For Beginners

10 Strategies Hedge Funds Use to Make Huge Returns

Top 10 Fast Food Franchises to Buy

10 Best Places to Visit in Canada

Best Summer Jobs for Teachers

10 Youngest Hedge Fund Billionaires

Top 10 One Hit Wonders of the 90s

Fastest Growing Cities In America

Top 10 U.S. Cities for Freelancers

Top 9 Most Popular Free iPhone Apps

Top 10 Least Expensive Private Business Schools in the US

Top 15 Most Expensive Countries in the World – 2014

Top 6 Tax Scams and How to Protect Yourself

Top Businesses to Invest In

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!