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History Tells Jacob Gottlieb His Top 3 Large-Cap Positions Beat The Market

The next in the list is Perrigo Company (NYSE:PRGO), in which Mr. Gottlieb held around 2.00 million shares with a market value of $330.86 million at the end of March. The fund decided to increase the ownership in this stock by 373% during the last quarter, making it an intriguing pick. Over the last five years, the stock of this company has made investors very happy, with returns of over 420%, not to mention the dividends the company has paid out. Nor has that stopped the stock from rising since Gottlieb made his large investment, with shares gaining another 11% in the second quarter. Recently, Perrigo Company (NYSE:PRGO) made several important acquisitions in Europe with the goal being to expand its market share and product portfolio. Some analysts believe that such moves could lead the stock to yet further price appreciation, as the consensus mean price stands at $204.40 versus its current $188.50.  Among the other prominent shareholders of Perrigo Company (NYSE:PRGO) one can find OrbiMed Advisors, led by Samuel Isaly, holding a $206.6 million position consisting of 1.25 million shares.

Lastly, the total stake in CIGNA Corporation (NYSE:CI) in Visium Asset Management’s portfolio amounted to 921,123 shares worth $119.23 million. The $41.74 billion company is engaged in medical, dental, disability, life, and accident insurance issuance, and so far this year its stock has gained 57.65%. On June 20, Anthem Inc (NYSE:ANTM) made a $184 per share bid for the equity of CIGNA Corporation (NYSE:CI). Yet, it seems that the management of the potential target did not like the 31.40% premium and declined the offer. Several experts believe that the deal is still possible this summer, therefore the shares of CIGNA Corporation (NYSE:CI) offer attractive upside potential with limited risk, even if the deal does not take place. Perhaps the M&A scenario was anticipated by Visium Asset Management, since it added a mind-blowing 13,078% to the position over the last quarter.  Pzena Investment Management, managed by Richard S. Pzena, heads the list of largest shareholders in CIGNA Corporation (NYSE:CI). Pzena Investment Management holds some 4.72 million shares valued at $610.7 million in the stock.

Disclosure: None

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