Thermo Fisher Scientific, Ingersoll-Rand plc: Billionaires Are Piling Into These 5 Capital Goods Stocks

A total of 10 billionaires held a position in Ingersoll-Rand plc (NYSE:IR), including Daniel S. Och, Ken Griffin, and Andreas Halvorsen. Yet the most bullish billionaire hedge fund manager was Nelson Peltz. His fund Trian Partners held the stock amongst its top five picks last quarter, disclosing ownership of 12.82 million shares in the company in its last 13F filing, before slightly trimming its stake to 12.27 million shares in February. Steve Cohen is also betting on Ingersoll-Rand plc (NYSE:IR), which has already gained 8.55% year-to-date and is currently trading around its 52-week high of $ 69.01 per share.

TRW Automotive Holdings Corp. (NYSE:TRW) is an auto parts manufacturer and supplier that had the backing of 9 billionaire hedge fund managers at the end of the last quarter. The stock performed extremely well last year, gaining 38.7% throughout 2014. Year-to-date, share prices are up by 1.4%, as the equity’s value hovers near its 52-week high of $107.25 per share. Mario Gabelli is bullish regarding the company, holding a stake of 1.32 million shares through his fund GAMCO Investors. TRW Automotive Holdings Corp. (NYSE:TRW) was also held by Cliff Asness’ AQR Capital Management, which disclosed a position of 1.28 million shares in its latest13F filing.

Finally, Illumina, Inc. (NYSE:ILMN) completes the list of the five most popular capital goods stocks amongst billionaire hedge fund managers. The stock was held by 8 such investors and was amongst billionaire Andreas Halvorsen’s top 3 picks last quarter. Stanley Druckenmiller was also bullish regarding the stock with ownership of with 410,100 shares, which accounts for 7.4% of his fund Duquesne Capital’s equity portfolio. Thanks to the stock gaining a whopping 67% last year, and being up more than 8% year-to-date, it comes as no surprise to see Illumina, Inc. (NYSE:ILMN) amongst the favorite stock-picks of billionaire investors.

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