Exxon Mobil Corporation (XOM): This Fund’s Bullish On Titans and Little Guys Alike

Related tickers: Exxon Mobil Corporation (NYSE:XOM)

Kimelman & Baird is an employee-owned investment management company providing services to a wide range of clients. According to its latest 13F filing for the first quarter, it has over $470 million invested in its equity portfolio. See the original filing here.

Why you should pay attention?

On the whole, the world’s smartest investors can act as a great screener for their retail counterparts looking for a leg up on the competition. When we focus on the best picks of the best hedge fund managers, it’s possible to beat the market by as much as 18 percentage points a year (discover the secrets behind this strategy here).

Numero uno

Exxon Mobil Corporation (NYSE:XOM), the energy giant and one of the most highly capitalized companies in the world, tops the list of stock owned by Kimelman & Baird, with a value of $34.3 million—2% lower than previous quarter. The size of the fund’s position in Exxon Mobil Corporation (NYSE:XOM) now lies at 381,589 shares. Exxon Mobil Corporation (NYSE:XOM) has a beta of 0.86 and its latest quarterly EPS of $2.12 compared to $2.05 estimates have been enough for some bullish investors. Exxon Mobil Corporation (NYSE:XOM) sports a trailing P/E ratio of 9.32 and a forward P/E ratio of 11.12.

The best of the rest

The second biggest holding in Kimelman & Baird’s equity portfolio is Copart, Inc. (NASDAQ:CPRT). With a stake of 722,812 shares compared to 814,454 shares at the end of 2012, the fund’s position in this online auctions and vehicle remarketing services company has shrunk a bit. Nevertheless, the position’s value actually increased by 3.10% to $24.7 million, indicating an increase in the stock’s price. A trailing P/E ratio as high as 24.57, with a forward P/E of 19.77 indicates that future increases in earnings are expected by Mr. Market. Copart, Inc. (NASDAQ:CPRT) is less sensitive to market movements than many of its peers, as its beta of 0.57 is by far the lowest in the 12-stock auto dealerships industry.

According to this fund’s latest 13F, Nucor Corporation (NYSE:NUE), with a position of 505,930 shares compared to 584,425 a quarter earlier, is its third largest equity holding. The steel company’s stock trades at a trailing P/E ratio of 33.24, while its forward P/E of 12.4 indicates that there’s some value to be had here. Like Copart, Nucor Corporation (NYSE:NUE) has one of the lowest beta values in its industry, and on Wall Street, Nucor has positive recommendations (Buy or Strong Buy) from 14 of the 20 analysts who cover its shares.