Google Inc (GOOG) and Twitter Inc (TWTR) Among Favorite Tech Picks of Bloom Tree Partners

Alok Agrawal also had $38 million invested in Comcast Corporation (NASDAQ:CMCSA) at the end of 2014, the position containing 653,800 shares. The company has a market cap of $148 billion, P/E ratio of 18 and its stock inched up by 0.2% since the end of 2014. Comcast Corporation (NASDAQ:CMCSA) recently terminated its agreement to acquire Time Warner Cable, disappointing investors who were betting on the consolidation of the cable industry. Among the funds from our database, the largest position in Comcast Corporation (NASDAQ:CMCSA) is held by Lansdowne Partners, which disclosed 24.77 million shares in its last 13F filing.

Cheniere Energy, Inc. (NYSEMKT:LNG) is another favorite pick of Alok Agrawal, in which the investor held 653,800 shares, valued at $37.93 million. Agrawal increased his holding in Cheniere Energy, Inc. (NYSEMKT:LNG) by 128% in the last quarter of 2014. Seth Klarman’s Baupost Group and Andreas Halvorsen’s Viking Global also increased their positions in the oil and gas midstream company. These bets proved to be profitable as the stock of Cheniere Energy, Inc. (NYSEMKT:LNG) appreciated by more than 10% since the beginning of 2015.

Alok Agrawal’s other favorite pick is Twitter Inc (NYSE:TWTR), although it didn’t rank among its top picks. The investment paid out well during the first three months of the current year, as the stock of the $25 billion social network company jumped by 39%. However, following disappointing financial results reported last week, the stock took a hit and lost more than 25% in the last five days alone, erasing most of the previous gains. Since the current round of 13F filings is not over, we cannot assess the popularity of the stock at the end of March in order to see whether the investors anticipated this development, but the previous round of filings showed a significant outflow of cash among the funds that we track. At the end of 2014, 42 investors held an aggregate of $1.01 billion worth of Twitter Inc (NYSE:TWTR),’s stock, down from 59 funds with $2.03 billion a quarter earlier. John Thaler’s JAT Capital Management held around 10% of its equity portfolio invested in Twitter at the end of 2014, holding 7.26 million shares. One of the funds that went long Twitter Inc (NYSE:TWTR), during the first quarter is Donald Chiboucis’ Columbus Circle Investors, which revealed 324,700 shares in its latest 13F filing.

Disclosure: None