Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

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

In 2006, Edward Gilhuly and Scott Stuart founded Sageview Capital, an investment firm that currently has about $800 million in assets under management. The strategy employed by Sageview involves focusing on long-term investments with a strong fundamental foundation. Insider Monkey follows the activity of Sageview Capital as part of our strategy, which allows “monkeys” to beat the market by as much as 18 percentage points per year. (See more details about our strategy here)

EverBank Financial Corp (NYSE:EVER)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.

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.