Imagine for a moment that you put together your own “dream team” of investment managers. Would you want to know what they are doing as a group? Well, I compiled my dream team from a list of 59 managers that I respect, and I want to give you their most common holdings as of 6/30/2011:
| Count of Manager | Company |
14 | Microsoft |
11 | GOOGLE INC |
9 | Bank of America |
9 | Citigroup Inc |
7 | BERKSHIRE |
7 | Goldman Sachs |
7 | UnitedHealth Group Inc |
7 | Mastercard Inc. |
7 | AON CORP |
7 | Apple Inc |
7 | PFIZER INC |
7 | Wells Fargo & Co |
6 | BERKSHIRE |
6 | JOHNSON & JOHNSON |
6 | General Motors Co. |
6 | SEARS HLDGS CORP |
6 | LIBERTY MEDIA CORP |
6 | VALEANT PHARMACEUTICALS INTL |
6 | CISCO SYS INC |
6 | ConocoPhillips |
5 | Kraft Foods Inc. |
5 | Mosaic Co New |
5 | Willis Group Holdings PLC |
5 | SPDR GOLD TRUST |
5 | LOWES COMPANIES INC |
5 | Sanofi Aventis |
5 | LEVEL 3 |
5 | EXPEDIA INC DEL |
5 | U S BANCORP DEL NEW |
5 | ABITIBIBOWATER INC |
5 | Comcast |
5 | Royal Bank of Scotland Group |
5 | BP PLC |
5 | DELL INC |
5 | Vodafone Group PLC ADR |
5 | WHIRLPOOL |
5 | NEWS CORP |
5 | STATE STR CORP |
These are held by a large fraction of the clever managers. Note that Berkshire Hathaway is listed twice because of the A & B shares. Also note that the Royal Bank of Scotland is preferred shares, and not the common.
But these aren’t the largest holdings of the group of managers. What might that look like?
| Sum of Value | Count of Manager | Company |
14,160,067 | 4 | Coca Cola Co |
7,890,391 | 4 | American Express |
4,894,639 | 2 | Procter & Gamble |
4,792,460 | 5 | SPDR GOLD TRUST |
4,783,600 | 5 | Kraft Foods Inc. |
3,407,245 | 1 | ICAHN ENTERPRISES LP |
3,330,862 | 9 | Citigroup Inc |
3,322,015 | 3 | American International Group, In |
3,258,955 | 6 | JOHNSON & JOHNSON |
3,141,680 | 1 | Female Health Company |
3,003,034 | 5 | DELL INC |
2,708,540 | 2 | MOTOROLA CORP |
2,664,145 | 4 | CHESAPEAKE ENERGY CORP |
2,534,143 | 1 | INTL FCStone Inc |
2,431,085 | 1 | Interactive Intelligence Inc. |
2,387,856 | 1 | The Dolan Company |
2,334,874 | 6 | ConocoPhillips |
2,226,061 | 7 | AON CORP |
2,219,531 | 4 | YANDEX N V |
2,164,765 | 9 | Bank of America |
2,127,572 | 7 | Apple Inc |
2,039,403 | 5 | NEWS CORP |
1,967,980 | 3 | DirecTV |
1,925,312 | 1 | Hallmark Financial Services |
1,856,970 | 14 | Microsoft |
1,854,213 | 2 | YUM BRANDS INC |
1,717,773 | 1 | FEDERAL MOGUL CORP |
1,680,880 | 1 | ANGLOGOLD ASHANTI LTD |
1,647,336 | 1 | Tandy Leather Factory Inc. |
1,643,992 | 2 | Loews Corp |
1,642,074 | 5 | LEVEL 3 |
1,574,105 | 6 | VALEANT PHARMACEUTICALS INTL |
1,569,386 | 3 | Citigroup |
1,548,083 | 3 | Moody’s |
1,511,216 | 6 | SEARS HLDGS CORP |
1,410,112 | 4 | CIT GROUP INC |
1,404,444 | 4 | ANADARKO PETE CORP |
1,398,931 | 7 | Wells Fargo & Co |
1,374,090 | 1 | CEMEX S.A.B. de C.V. ADR |
1,371,120 | 2 | PENNEY J C INC |
1,368,007 | 6 | LIBERTY MEDIA CORP |
1,348,721 | 3 | Brookfield Asset Management Inc |
1,217,439 | 2 | TRANSOCEAN LTD |
1,205,581 | 1 | GENERAL GROWTH PPTYS INC NEW |
1,204,046 | 4 | HARTFORD FINL SVCS GROUP INC |
1,196,047 | 2 | JEFFERIES GROUP INC NEW |
1,196,012 | 4 | FEDEX CORP |
1,187,555 | 11 | GOOGLE INC |
1,180,466 | 4 | Bank of New York Mellon Corp. |
1,159,088 | 1 | BIDZ.com Inc. |
1,119,035 | 3 | The Travelers Companies Inc. |
1,119,014 | 3 | LIFE TECHNOLOGIES |
1,108,718 | 7 | Goldman Sachs |
1,107,744 | 5 | Willis Group Holdings PLC |
1,096,716 | 2 | Capital One Financial Corp. |
1,096,221 | 1 | SPECTRUM BRANDS HLDGS INC |
1,094,933 | 1 | FORTUNE BRANDS INC |
1,036,654 | 4 | HEWLETT PACKARD CO |
1,024,100 | 4 | SENSATA TECHNOLOGIES HLDG BV |
1,017,038 | 1 | Walt Disney Company |
1,013,005 | 1 | Stamps.com |
1,000,693 | 4 | FAMILY DLR STORES INC |
That sums up the billion-plus holdings for my favorite managers. That doesn’t mean that I endorse all of their holdings. Only 3 out of my 34 holdings were revealed in the top holdings of these highly rated managers.
Full disclosure: long COP, VOD, TRV for myself and clients that get a clone of my portfolio.
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