Wyndham Worldwide Corporation (WYN), Google Inc (GOOG) & The Rest of Clough Capital’s Favorites

Charles Clough is the manager of Clough Capital Partners, a hedge fund that recently filed its 13F filing with the Securities and Exchange Commission. Let’s take a look at its top stock picks:

In first is Wyndham Worldwide Corporation (NYSE:WYN), represented in Clough Capital’s 13F portfolio by a $108 million stake, which contains almost 1.9 million shares.

During the quarter, the position in Wyndham Worldwide Corporation (NYSE:WYN) held by Clough Capital increased by 1.4 million shares. Since the beginning of the year, Wyndham’s stock has increased by over 11%, while the company’s forward P/E and PEG ratios amount to 14x and 1.0 respectively.

Google Inc (NASDAQ:GOOG)

 

We should also mention that aside from Clough’s hedge fund, a couple of other notable names from the hedge fund universe were bullish on Wyndham Worldwide Corporation (NYSE:WYN), such as John Griffin’s Blue Ridge Capital, Stephen Mandell’s Lone Pine Capital, among others.

In the second and third positions are Google Inc (NASDAQ:GOOG) and Citigroup Inc. (NYSE:C). At the end of June, Clough Capital held 119,834 shares of Google, up by 8,680 shares over the quarter, the value of the stake amounting to $105.5 million. With a forward P/E of 16.7x and a PEG ratio of about 1.8, Google Inc (NASDAQ:GOOG)’s stock has a year-to-date return of more than 21.4%. Citigroup’s stake in the hedge fund’s equity portfolio involves about 2.2 million shares and is worth over $103.3 million, a decrease of 267,407 compared with the end of March. The stock price of Citigroup increased by about 28.3% since the beginning of the year.

Aside from the aforementioned companies, we should mention a couple of other important stakes from the most recent 13F filing of Charles Clough’s hedge fund. As follows, the hedge fund disclosed ownership of about 1.3 million shares of eBay Inc (NASDAQ:EBAY), with the stake almost doubling compared with the previous amount, advancing by 633,200 shares. In Bank of America Corp (NYSE:BAC), Clough Capital’s stake is valued at $63.9 million, and involves almost 5 million shares, down by some 1.6 million shares over the quarter.

In total, the equity portfolio of Clough Capital Partners has a market value of almost $3.0 million, advancing from the previous quarter’s value of $2.7 billion. The hedge fund added 57 new positions to its equity portfolio during the second quarter, and dumped 54 positions. On the whole, the second-quarter 13F filing of Clough Capital contains almost 200 positions. With this in mind, Insider Monkey will keep you in the loop regarding all the investment plays of Charles Clough and Clough Capital Partners.

Recommended reading: Billionaire Nelson Peltz Was Bidding For E I Du Pont De Nemours And Co (DD), Sothebys (BID) In Q2

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 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

6 Ways to Make Money in ArcheAge and Build Your Empire

10 Foods To Eat To Lower Cholesterol Levels

The 10 Most Hated Television Characters of All Time

The 30 Worst Halloween Costume Ideas Ever Brought to Horrible Life

10 Vocational Skills in Demand Today with Jobs Waiting to be Filled

10 Best Places to Visit in Central and South America

The 10 Greatest Empires in History Which Nearly Conquered the World

The 6 Cheapest Boarding Schools In America 2015

5 Clear Reasons LoL is Better than DotA, Continues to Rule MOBAs

The Only 9 Teams with a Chance to Win the Super Bowl

The 15 Most Common Phobias in America that Induce Fits of Panic

Top 6 Least Expensive Tourist Destinations in 2014

Jim Goetz, Peter Fenton, Jim Breyer: Top 6 Venture Investors for 2014

Top 15 Billionaires in 2014

5 Pitfalls To Avoid When Buying a Franchise

Top 20 Medical Schools in the US – 2014 Rankings

4 Business Strategies that Turned Jamie Oliver into the World’s Richest Chef

6 Qualities That Make You A Good Team Player

10 High Paying Seasonal Jobs in America this Holiday Season

The 10 Busiest Shipping Lanes in the World

5 Most Valuable Brands in China

The 10 States with Highest Substance Abuse Rates Crippling Their Populace

The Top 10 Things to Do Before You Die That Will Echo for Eternity

The 10 Best Selling Items on Etsy

Top 10 Things to Do in Tokyo, the Greatest City in the World

10 Mistakes on Social Media that Can Harm You and Will Probably Get You Canned

The 10 Best Cities to Find Jobs in 2014

The 10 Most Controversial Songs Of All Time to Hit (and get Banned from) the Airwaves

The 20 Biggest IPOs in US History

The 10 Best Places to Visit in Mexico that Are Beautiful and Safe

7 Bad Habits that Age You Beyond Your Years

The 40 Best Fortune Cookie Sayings That Will Leave You Bemused, Befuddled, or Beguiled

10 Foods to Eat Before a Workout to Make Every Drop of Sweat Count

The 5 Best Documentaries On Netflix You Must See

The Most Heartwarming and Inspirational Story Of This Halloween Season, It Will Make You Cry and Jump For Joy

10 Best Party Songs of All Time to Bring the House Down With

5 New World Order Conspiracy Theories that Will Strangle the World

The 10 Highest Rated Movies of 2014

The 10 Largest Container Shipping Companies in the World

The 10 Largest Armies in the World: Who Should We Be Afraid Of?

Best Warren Buffett Quotes on Money You Need to Hear

The 10 Highest Suicide Rates by Profession

The 20 Most Underrated Movies of All Time

The 10 Fastest Growing Companies in America

The 10 Biggest Outlet Malls in USA

The 5 Most Popular Rap Songs of All Time

The 10 Countries that Eat the Most Meat

The10 Most Expensive Countries to Fly To

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!