Who doesn't want to follow investment strategies of billionaire investor Daniel Loeb? His investments have been declared through 13-F filings. Investors should note that hedge funds of a certain size are required to report their long equity filings every quarter, known as 13-Fs. These regulatory filings are out after 45 days of each quarter ( per the source ), so filings could be changed at the time of writing.
Still, investors could have an idea of what's hot and what's not for such great investors. Below we highlight those alterations in portfolios so that retail investors can imitate their strategies either through stocks or ETFs.
Dump Tech & Media Biggies
Loeb's Third Point LLC left its positions in Alibaba (BABA), Microsoft (MSFT) and Netflix (NFLX) during the fourth quarter. So, investors may be cautious about Alibaba-rich ETFs like Invesco BLDRS Emerging Markets 50 ADR Index FundADRE , ProShares Online Retail ETFONLN , Invesco BLDRS Asia 50 ADR Index FundADRA and iShares MSCI China ETFMCHI .
Microsoft-heavy ETFs like Technology Select Sector SPDR Fund (XLK) , iShares U.S. Technology ETF IYW and Vanguard Information Technology ETF VGT and media ETF Invesco Dynamic Media ETFPBS also has exposure to Netflix.
Have Staples in Your Investing Diet
Third Point stacked up on Campbell SoupCPB by an incremental 3 million shares, marking an increase of 16%. The fund last owned 21 million shares of Campbell Soup, making it the second largest equity long holding. Third Point's holding marked about 7% of Campbell's 302 million shares outstanding.
Bet Big on salesforce.com
His other top buys include salesforce.com CRM . This Zacks Rank #1 company is the market and technology leader in on-demand business services. It hails from a top-ranked Zacks Industry (top 19%) and a top-ranked Zacks sector (top 25%).
ETFs that are heavy on salesforce.com are iShares Expanded Tech-Software Sector ETFIGV , First Trust Dow Jones Internet IndexFDN , Entrepreneur 30 Fund ENTR and First Trust ISE Cloud Computing Index FundSKYY (read: Another Cloud Computing ETF in the Making ).
Get Rid of PayPal
Third Point cut out its exposure to PayPal (PYPL) by more than half, dumping more than 5 million shares. Notably, PayPal used to be a top five-stock holding. The stock currently has a Zacks Rank #4 (Sell).
Though PayPal Holdings' non-GAAP earnings of 69 cents per share in the fourth quarter of 2018 surpassed the Zacks Consensus Estimate by a couple of cents and increased 25.5% on a year-over-year basis, net revenues improved 14% to $4.228 billion but missed the Zacks Consensus Estimate of $4.238 billion.PayPal highlighted three difficult areas like lingering ties with eBay, adverse currency translation and slowing global growth (read: eBay vs. PayPal ETFs: Which to Pick After Q4 Earnings? ).
Want key ETF info delivered straight to your inbox?
Zacks' free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
salesforce.com, inc. (CRM): Get Free Report
ERShares Entrepreneur 30 ETF (ENTR): ETF Research Reports
iShares U.S. Technology ETF (IYW): ETF Research Reports
Vanguard Information Technology ETF (VGT): ETF Research Reports
First Trust Dow Jones Internet Index Fund (FDN): ETF Research Reports
Invesco Dynamic Media ETF (PBS): ETF Research Reports
iShares MSCI China ETF (MCHI): ETF Research Reports
Campbell Soup Company (CPB): Get Free Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
