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Top Mid-Cap Stocks Smart Money Love: Cheniere Energy Inc. (LNG), Liberty Interactive Corporation (QVCA) & Others

Let’s move on to Endo International plc (NASDAQ:ENDP), which is a specialty healthcare company that focuses on branded and generic pharmaceuticals and devices. The number of hedge funds’ long positions in the healthcare stock increased to 67 from 63 during the latest quarter, while the value of these positions increased to $4.46 billion from $4.18 billion. The stock gained 18% year-to-date despite embarking on a slow downward trend since the end of April. The company has reported revenues of $735 million for the second quarter, up by 24% year-over-year. Meanwhile, the company’s diluted loss per share from continuing operations came to $0.49, compared to diluted earnings per share of $0.25 reported a year ago. Daniel S. Och’s OZ Capital Management, one of the hedge funds that we track, owns 8.84 million shares in Endo International plc (NASDAQ:ENDP) as of June 30.

The number of hedge funds that hold equity stakes in Molson Coors Brewing Company (NYSE:TAP) increased to 65 from 62 over the quarter. At the same time, the overall value of the hedge fund’s investments in the company augmented by $48.50 million to $2.12 billion. The stock of the brewing company has lost nearly 4% since the beginning of the year. Molson Coors’ second-quarter worldwide sales dropped by over 15% and its adjusted net income came to $263.8 million or $1.41 per diluted share in the second quarter, down by 10% year-over-year. Nevertheless, the brewing company managed to beat the analysts’ earnings estimates of $1.32 per share. The London-based Kenneth Mario Garschina’s Mason Capital Management is among the most bullish investors on Molson Coors Brewing Company (NYSE:TAP) within our database, owning a 3.13 million shares, according to its latest 13F filing.

Our list is completed by Mohawk Industries Inc. (NYSE:MHK), a leading global flooring manufacturing company. During the last quarter, three hedge funds acquired new stakes in the company, so the number of funds with long positions increased to 59. Meanwhile, the value of all positions went up to $3.89 billion from $3.77 billion. Mohawk’s stock is currently trading close to its all-time high, gaining 33% year-to-date. The flooring manufacturer has delivered net earnings of $186 million, or diluted earnings per share of $2.53, for the second quarter, compared to $153 million or $2.08 per share reported a year ago, while its net sales remained flat year-over-year at $2.0 billion. Andreas Halvorsen’s Viking Global is one of the largest shareholders of Mohawk Industries Inc. (NYSE:MHK) with 4.31 million shares.

Disclosure: None

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