Accretive Health, Inc. (AH), Resolute Energy Corp (REN): Edward Gilhuly, Scott Stuart and Sageview Capital’s Favorite Buys

Sageview characterizes the best investment opportunities as represented by “high returns on capital, substantial free cash flow generation, attractive growth opportunities, sustainable barriers to entry, and strong management teams”. Generally, hedge funds use a variety of strategies.

In this way, we should take a look at the largest picks in the equity portfolio of Sageview Capital. In first place is EverBank Financial Corp (NYSE:EVER), represented by an almost $198.9 million stake, which involves about 12.9 million shares. The position remained unchanged since the end of 2012.

In COMSCORE, Inc. (NASDAQ:SCOR), the hedge fund reported ownership of about 2.9 million shares, worth about $49 million. Since the end of last year, the position of Sageview in COMSCORE, Inc. (NASDAQ:SCOR) remained also unchanged. The stock of COMSCORE, Inc. (NASDAQ:SCOR) has returned over 107% since the beginning of the year.

The next on the list is Resolute Energy Corp (NYSE:REN). The hedge fund disclosed a $24.4 million position, which contains about 2.1 million shares. Aside from Sageview, 10 hedge funds held shares of Resolute Energy Corp (NYSE:REN) at the end of first quarter of 2013.

In fourth is Accretive Health, Inc. (NYSE:AH), represented in the equity portfolio of Sageview by an almost 2 million share stake, which is valued at $20.3 million. Since the end of the last quarter of 2012, the hedge fund more than doubled its stake, from 869,500 shares, worth $10 million, advancing it one position up in its 13F portfolio. The year-to-date return of Accretive Health, Inc. (NYSE:AH) is below -10%.

We should also mention Pernix Therapeutics Holdings Inc (NASDAQ:PTX), in which Sageview holds about 2.2 million shares, worth $17.3 million, an unchanged position since the previous round of 13F filings. In addition to Sageview, Renaissance Technologies managed by Jim Simons, and Samuel Isaly‘s Orbimed Advisors held shares in Pernix Therapeutics Holdings Inc (NASDAQ:PTX).

With this in mind, we suggest you take a look at some other top picks of other talented hedge funds such as David Blood and Al Gore’s Generation Investment Management, Glenn Greenberg’s Brave Warrior Capital, and Philippe Jabre’s Jabre Capital Partners.

Disclosure: none.

Accretive Health, Inc. (AH), Resolute Energy Corp (REN): Edward Gilhuly, Scott Stuart and Sageview Capital’s Favorite Buys

Published on July 30, 2013 at 9:18 am by Alexandr Oleinic in Hedge Funds

AI Fire Sale: Insider Monkey’s #1 AI Stock Pick Is On A Steep Discount

Published on April 11, 2024 at by Inan Dogan, PhD

50-year Wall Street Insider Names #1 stock for AI “Tidal Wave”

Published on April 1, 2024 at by Insider Monkey Staff