Apple Inc. (AAPL) & Alibaba Group Holding Ltd (BABA) Among Five Companies Likes By Five Great Billionaire Investors

Page 2 of 2

Billionaire Leon Cooperman’s largest bet represented by his stake in Actavis plc (NYSE:ACT) also paid off big time as the stock appreciated by a hefty 57% over the last 52 weeks. Cooperman’s Omega Advisors initiated a stake in the $120.12 billion pharmaceutical company during the first quarter of 2014 and according to the last filing the stake contains some 943,600 shares valued at $242.88 million. Just last week, Actavis plc (NYSE:ACT) completed its acquisition of the Botox-maker Allergan for $66 billion in cash and stock. The new pharmaceutical company is expected to generate $23 billion in revenues this year. Among the funds that we track, Andreas Halvorsen’s Viking Global held the highest stake in the company totaling 4.59 million shares valued at $1.18 billion.

General Motors Company (NYSE:GM) was the largest holding of David Tepper’s Appaloosa Management as the fund held some 14.67 million shares valued at $512.44 million. Despite being hit by safety recalls costing nearly $4.0 billion during 2014, the $$62.59 billion auto and truck manufacturer is up by about 10% over the last 52 weeks. Just last week, General Motors Company (NYSE:GM) announced yet another recall, this time involving 50,249 Chevrolet Volts manufactured during 2011 and 2013 owing to carbon monoxide buildup. GM is still one of the favorite automaker stocks among hedge funds.Warren Buffet’s Berkshire Hathaway held the largest stake in the company amounting to 41 million valued at $1.43 billion as of the latest filing.

Jim Simons’ Renaissance Technologies held some 12.58 million shares of Colgate-Palmolive Company (NYSE:CL) valued at $870.09 million at the end of the fourth quarter. The company operating in two product segments namely oral, personal and homecare, and pet nutrition, recently announced a $5 billion share repurchase program that is expected to last for the next 3 to 4 years. Moreover,  Colgate-Palmolive Company (NYSE:CL) has also recently increased its quarterly dividend to $0.38 from $0.36. The stock is up by about 9.5% over the last year. Jean-Marie Eveillard’s First Eagle Investment Management slightly increased its stake in the company to 4.83 million shares valued at $334.36 million during the fourth quarter.

Disclosure: none

Page 2 of 2