Every quarter, fund managers have to disclose what they've bought and sold. Their latest moves can shine a bright light on smart stock picks.
Today let's look at the Eminence Capital hedge fund company, with a stock portfolio valued at about $3 billion as of Dec. 31, 2011. The portfolio's top holdings, representing 21% of its value, are Novellus Systems, Google, and CME Group.
So what does Eminence's latest quarterly 13F filing tell us? Here are a few interesting details:
New holdings include MAKO Surgical
Among holdings in which Eminence increased its stake was NetApp
Eminence reduced its stake in lots of companies, including paint giant Sherwin-Williams
Finally, Eminence unloaded several companies, such as Oracle
We should never blindly copy any investor's moves, no matter how talented the investor. But it can be useful to keep an eye on what smart folks are doing, and 13-F forms can be great places to find intriguing candidates for our portfolios.
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Longtime Fool contributor Selena Maranjian, whom you can follow on Twitter, owns shares of Google, QUALCOMM, Amazon.com, and MAKO Surgical, but she holds no other position in any company mentioned. Click here to see her holdings and a short bio. The Motley Fool owns shares of QUALCOMM, MAKO Surgical, EMC, CME Group, Amazon.com, Google, and Oracle. Motley Fool newsletter services have recommended buying shares of Amazon.com, salesforce.com, Sherwin-Williams, MAKO Surgical, and Google. A separate Motley Fool service has recommended shorting salesforce.com. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.