Cedar Rock Capital: Andy Brown’s Top 3 Stock Picks

1. The Procter & Gamble Company (NYSE:PG)

Cedar Rock Capital’s Stake Value: $1,016,851,000

Percentage of Cedar Rock Capital’s 13F Portfolio: 23.14%

Number of Hedge Fund Holders: 68

The Procter & Gamble Company (NYSE:PG) is the largest holding in Andy Brown’s Q2 portfolio, ranking first on our list of Cedar Rock Capital’s top stock picks. The American consumer goods corporation offers personal hygiene, family care, home care, and baby products. Some of the most famous brands in The Procter & Gamble Company (NYSE:PG)’s product portfolio include Ariel laundry detergent, Always sanitary pads, Gillette razors, Head & Shoulders, Febreze fabric softener, Pampers, and Vicks, among several other internationally recognized brands. 

Cedar Rock Capital owns 7.53 billion shares worth over $1 billion in The Procter & Gamble Company (NYSE:PG), representing 23.14% of the firm’s investment portfolio for Q2. 

On October 19, the Q3 EPS for The Procter & Gamble Company (NYSE:PG) was $1.61, beating estimates by $0.02. The revenue was $20.34 billion, exceeding estimates by $445.19 million. 

At the end of the second quarter, 68 hedge funds were long The Procter & Gamble Company (NYSE:PG), down from 70 in Q1. 

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