CGI Group Inc. (USA) (GIB), Gildan Activewear Inc (USA) (GIL), Intercontinental Exchange Inc (ICE): Sprott Asset Management Top Picks at End-2014

Next is Gildan Activewear Inc (USA) (NYSE:GIL), in which Sprott disclosed holding 551,200 shares, up from 548,300 shares the reported at the end September 2014. The current stake is valued at $31.2 million. Gildan Activewear Inc (USA) (NYSE:GIL) is engaged in supply of quality branded basic family apparel. The company’s net earnings in the fourth quarter of fiscal 2014 increased to $122.7 million, or $1.00 per share, from $96.8 million, or $0.79 per share, for the same quarter of fiscal 2013. Other investor betting big on the company include Greg Poole’s Echo Street Capital Management, which reported holding 535,475 shares of the company at the end of September 2014. Buckingham Capital Management, led by David Keidan, held 382,185 shares of the company as of the end of the third quarter of 2014.

Intercontinental Exchange Inc (NYSE:ICE) was represented as the third most valuable holding, in which Sprott revealed a $30.9 million stake, containing 141,030 shares of the company. At the end of September 2014, the fund reported holding 140,230 shares of the company. Intercontinental Exchange Inc (NYSE:ICE) is a network of regulated exchanges and clearing houses for financial and commodity markets.

Highfields Capital Management, managed by Jonathon Jacobson, reported owning 3.80 million shares of Intercontinental Exchange Inc (NYSE:ICE) as of the end of the third quarter. Senator Investment Group, led by Doug Silverman and Alexander Klabin, held 1.55 million shares, as of the end of September.

On Tuesday, Intercontinental Exchange Inc (NYSE:ICE) announced that its subsidiary, The New York Stock Exchange, has made a minority investment in Coinbase, a bitcoin platform with over 2.1 million consumer wallets, 38,000 merchants and 7,000 developers.

Disclosure: none