Every quarter we profile 12 of the best-known hedge fund managers in our quarterly report.  Below, is a table of all of the stocks held by at least 2 of these hedge funds as well as the average conviction score of these stocks (i.e. how much each manager holds – on average – as a percentage of their total longs).

This gives a very clear look at where the hedge fund community is committing their capital:

Ticker	Name	Ave. Q4 2012 Conviction	Number of HF's	Price	P/E	Yield	Price/Book	52 week range
AAPL	Apple Inc.	2.9%	12	417.21	9.96	1.91	3.31	385.10 - 705.07
AIG	American Internat	3.6%	7	40.87	20.05	N/A	0.62	27.18 - 42.66
YHOO	Yahoo! Inc.	5.6%	6	24.68	7.16	N/A	1.93	14.59 - 24.99
GOOG	Google Inc.	2.8%	6	801.42	23.98	N/A	2.88	556.52 - 844.00
QCOM	QUALCOMM Incorpor	2.5%	5	61.52	17.26	1.63	3.13	53.09 - 68.50
VMED	Virgin Media Inc.	1.1%	5	49.30	3.23	0.32	2.48	21.25 - 50.29
KORS	Michael Kors Hold	1.3%	5	56.12	32.90	N/A	12.12	35.50 - 65.10
PCLN	priceline.com Inc	4.5%	5	701.19	25.35	N/A	8.97	553.42 - 772.35
DG	Dollar General Co	1.3%	5	52.83	18.54	N/A	3.47	39.73 - 52.99
GDX	Market Vectors Go	1.6%	5	29.46	N/A	1.57	N/A	27.27 - 55.25
DLPH	Delphi Automotive	2.4%	5	44.70	13.42	0.38	6.01	24.86 - 45.51
OAK	Oaktree Capital G	0.5%	4	52.57	13.74	5.59	5.18	34.00 - 53.55
STX	Seagate Technolog	1.0%	4	36.40	4.72	3.49	4.47	21.62 - 37.94
LBTYA	Liberty Global, I	3.0%	4	73.61	60.94	N/A	8.62	44.87 - 75.86
LYB	LyondellBasell In	2.0%	4	60.14	11.10	7.23	2.97	35.97 - 65.69
MA	Mastercard Incorp	3.1%	4	535.33	24.40	0.28	9.54	389.90 - 546.90
VRSN	VeriSign, Inc.	2.4%	4	44.77	21.80	N/A	N/A	32.81 - 50.15
MDVN	Medivation, Inc.	1.0%	4	52.38	N/A	N/A	53.18	37.325 - 59.24
SNDK	SanDisk Corporati	0.6%	4	53.90	28.07	N/A	1.79	30.99 - 58.92
MRVL	Marvell Technolog	1.5%	4	10.54	19.52	2.28	1.19	6.98 - 15.37
V	Visa Inc.	3.7%	4	167.23	46.52	0.66	4.01	111.94 - 170.99
MSFT	Microsoft Corpora	1.1%	4	31.79	16.40	2.71	3.46	26.26 - 32.52
NWSA	News Corporation	3.2%	4	31.15	18.68	0.58	2.58	13.55 - 24.04
WDAY	Workday, Inc. Com	0.6%	4	61.92	N/A	N/A	17.40	45.05 - 65.00
HLF	Herbalife Ltd. Co	0.6%	4	38.27	9.45	3.14	9.72	24.24 - 70.75
BIOF	BioFuel Energy Co	0.0%	4	4.45	N/A	N/A	0.42	2.07 - 11.40
ABX	Barrick Gold Corp	1.0%	4	18.55	N/A	4.31	0.82	17.51 - 43.30
DST	DST Systems, Inc.	0.6%	4	68.53	8.69	1.02	2.81	47.88 - 71.50
CBS	CBS Corporation C	1.3%	4	46.27	19.37	0.99	2.85	29.81 - 47.42
EQIX	Equinix, Inc.	2.6%	4	211.49	72.58	N/A	4.42	146.48 - 231.26
GM	General Motors Co	2.4%	4	30.50	10.45	N/A	1.61	18.72 - 30.90
AET	Aetna Inc. Common	1.2%	4	57.01	11.85	1.32	1.79	34.58 - 57.54
GRA	W.R. Grace & Co.	1.7%	4	77.27	68.75	N/A	14.61	47.40 - 79.55
CI	Cigna Corporation	1.7%	4	65.81	11.73	0.06	1.93	39.01 - 66.94
HCA	HCA Holdings, Inc	1.8%	4	38.25	10.96	11.76	N/A	23.91 - 41.83
COF	Capital One Finan	2.9%	4	57.15	10.65	0.35	0.80	47.99 - 62.92
LM	Legg Mason, Inc.	0.5%	3	31.08	N/A	1.42	0.81	22.36 - 32.59
ULTA	Ulta Salon, Cosme	1.1%	3	85.99	32.09	N/A	6.99	72.51 - 103.52
TSRA	Tessera Technolog	0.1%	3	19.51	N/A	1.54	1.71	12.77 - 20.01
PFE	Pfizer, Inc. Comm	0.3%	3	30.09	15.50	2.99	2.70	21.40 - 31.15
WDC	Western Digital C	0.1%	3	53.29	6.72	1.41	1.71	28.31 - 53.75
SPY	SPDR S&P 500	2.2%	3	158.24	N/A	2.01	N/A	127.14 - 159.71
TRIP	TripAdvisor, Inc.	1.4%	3	53.72	39.21	N/A	10.56	28.63 - 54.14
STBZ	State Bank Financ	0.2%	3	14.45	29.19	0.62	1.08	14.01 - 18.16
UHS	Universal Health	0.3%	3	64.78	14.62	0.31	2.23	36.90 - 68.75
NCR	NCR Corporation C	1.4%	3	26.54	29.92	N/A	3.46	20.05 - 29.76
ONXX	ONYX Pharmaceutic	0.2%	3	94.69	N/A	N/A	7.79	41.26 - 101.57
SYMM	Symmetricom, Inc.	0.1%	3	5.02	72.75	N/A	1.09	4.34 - 7.08
VOD	Vodafone Group Pl	0.2%	3	30.63	N/A	5.01	1.35	24.42 - 30.07
TDG	Transdigm Group I	1.0%	3	145.31	26.53	8.84	12.63	116.61 - 155.17
THC	Tenet Healthcare	0.3%	3	41.16	31.76	N/A	3.77	17.24 - 49.13
RJET	Republic Airways	0.1%	3	11.38	11.12	N/A	1.08	4.09 - 11.95
XRX	Xerox Corporation	0.9%	3	8.38	9.08	2.23	0.89	6.10 - 9.38
S	Sprint Nextel Co	0.6%	3	7.12	N/A	N/A	3.31	2.32 - 7.35
GILD	Gilead Sciences,	1.5%	3	51.38	31.33	N/A	8.38	24.12 - 55.16
ESV	Ensco plc Class A	1.2%	3	55.41	11.01	2.93	1.09	41.63 - 65.82
GRFS	Grifols, S.A.	0.4%	3	29.93	61.71	N/A	8.04	15.2381 - 31.03
BAGL	Einstein Noah Res	0.7%	3	14.82	20.03	30.36	9.20	11.45 - 18.58
FSC	Fifth Street Fina	0.1%	3	10.95	N/A	10.52	N/A	8.99 - 11.13
CTSH	Cognizant Technol	1.9%	3	61.96	18.01	N/A	3.85	53.92 - 81.08
ACM	Aecom Technology	0.1%	3	28.32	N/A	N/A	1.39	14.50 - 33.09
DAL	Delta Air Lines,	0.8%	3	16.81	16.04	N/A	N/A	8.42 - 17.25
AHL	Aspen Insurance H	0.8%	3	37.52	10.13	1.81	0.79	26.92 - 39.24
MON	Monsanto Company	2.9%	3	104.68	22.32	1.36	4.22	69.70 - 107.25
FRAN	Francesca's Holdi	0.1%	3	29.25	27.86	N/A	17.81	20.93 - 37.09
BWC	Babcock Common St	0.6%	3	26.46	13.85	0.60	3.09	22.72 - 29.97
CFX	Colfax Corporatio	1.6%	3	46.21	96.47	N/A	2.27	24.43 - 48.82
DLTR	Dollar Tree, Inc.	3.2%	3	47.95	17.89	N/A	6.46	37.12 - 56.815
CHTR	Charter Communica	2.5%	3	101.64	N/A	N/A	69.00	59.95 - 106.98
C	Citigroup, Inc. C	1.3%	3	46.92	17.27	0.09	0.75	24.61 - 47.92
CMG	Chipotle Mexican	0.1%	3	361.73	39.2	N/A	8.69	233.82 - 424.41
DVA	DaVita HealthCare	1.9%	3	120.19	21.98	N/A	3.37	77.81 - 128.74
AMZN	Amazon.com, Inc.	3.2%	3	254.81	N/A	N/A	13.75	191.60 - 284.72
EBAY	eBay Inc.	1.5%	3	52.54	25.5	N/A	3.22	38.00 - 58.04
ISRG	Intuitive Surgica	1.4%	3	486.76	28.57	N/A	5.19	455.18 - 591.64
CP	Canadian Pacific	0.3%	3	123.58	37.7	1.13	4.14	68.69 - 130.81
CSC	Computer Sciences	1.6%	3	45.60	13.62	1.75	2.12	22.19 - 50.59
WCRX	Warner Chilcott p	0.3%	2	13.76	8.55	30.89	N/A	10.85 - 23.28
PVH	PVH Corp. Common	1.5%	2	111.60	19	0.10	2.50	72.47 - 125.50
RYAAY	Ryanair Holdings	0.4%	2	43.01	15.67	5.11	2.98	27.66 - 44.49
NVR	NVR, Inc. Common	0.4%	2	1018.46	26.74	N/A	3.28	721.56 - 1100.00
VRNG	Vringo, Inc. Comm	0.1%	2	2.84	N/A	N/A	1.57	1.75 - 5.73
KMI	Kinder Morgan, In	2.4%	2	38.78	65.51	3.76	2.94	30.51 - 40.09
WMT	Wal-Mart Stores,	0.5%	2	79.04	15.75	2.11	3.43	58.27 - 79.50
YOKU	Youku Tudou Inc.	0.7%	2	18.91	N/A	N/A	2.08	13.82 - 25.58
URI	United Rentals, I	0.6%	2	52.37	65.22	N/A	3.16	26.88 - 57.24
SHW	Sherwin-Williams	0.6%	2	183.22	29.64	0.91	10.51	114.68 - 184.78
NBL	Noble Energy Inc.	1.0%	2	111.69	19.64	0.84	2.42	76.83 - 118.48
SIRI	Sirius XM Radio I	2.0%	2	3.12	6.11	1.60	4.06	1.78 - 3.25
VRX	Valeant Pharmaceu	2.3%	2	73.16	N/A	N/A	5.98	42.47 - 76.57
NXY	NXY	1.3%	2	N/A	N/A	N/A	N/A	N/A - N/A
RLGY	Realogy Holdings	1.9%	2	48.01	N/A	N/A	4.60	32.50 - 50.33
MGM	MGM Resorts Inter	0.2%	2	13.52	N/A	N/A	1.52	8.83 - 13.79
WYN	Wyndham Worldwide	1.6%	2	61.26	22.13	1.60	4.35	46.57 - 65.30
ST	Sensata Technolog	2.6%	2	33.45	34.84	N/A	4.89	25.75 - 35.55
PSX	Phillips 66 Commo	0.6%	2	61.60	9.51	1.24	1.85	28.75 - 70.52
OC	Owens Corning Inc	2.2%	2	42.38	104.13	N/A	1.42	25.70 - 42.98
USG	USG Corporation C	0.2%	2	25.84	N/A	N/A	461.43	13.12 - 30.97
MOS	Mosaic Company (T	0.1%	2	59.86	13.39	1.46	1.94	44.43 - 63.46
VC	Visteon Corporati	0.5%	2	57.25	30.55	N/A	2.15	27.04 - 61.50
ORLY	O'Reilly Automoti	0.7%	2	106.44	21.44	N/A	5.70	75.61 - 107.13
QQQ	PowerShares QQQ T	0.7%	2	69.57	N/A	1.25	N/A	60.04 - 70.58
PBF	PBF Energy Inc. C	0.2%	2	31.72	386.83	0.95	1.78	26.00 - 42.50
LIBERT	LIBERT	0.4%	2	N/A	N/A	N/A	N/A	N/A - N/A
TEX	Terex Corporation	0.8%	2	28.92	31	N/A	1.58	14.05 - 36.78
WBC	Wabco Holdings In	1.6%	2	71.98	16.27	N/A	6.39	46.73 - 74.94
LTD	L Brands, Inc.	0.2%	2	50.49	19.88	4.06	N/A	40.32 - 52.50
RL	Ralph Lauren Corp	3.6%	2	175.60	23.09	0.91	4.23	134.29 - 179.90
PETM	PetSmart, Inc	0.1%	2	66.99	18.87	0.95	6.28	55.06 - 72.75
WMB	Williams Companie	2.6%	2	38.04	27.83	3.36	5.45	27.25 - 38.57
TSN	Tyson Foods, Inc.	0.1%	2	24.72	15.09	1.13	1.45	14.07 - 25.10
WPI	WPI	1.6%	2	N/A	N/A	N/A	N/A	N/A - N/A
LBTYK	Liberty Global, I	2.3%	2	68.48	56.69	N/A	8.02	43.24 - 71.07
XLF	SPDR Select Secto	0.6%	2	18.57	N/A	1.62	N/A	13.30 - 18.76
TWX	Time Warner Inc.	4.4%	2	59.67	19.31	1.79	1.86	33.62 - 60.72
PLCE	The Children's Pl	0.1%	2	47.85	18.33	N/A	1.78	42.21 - 62.24
YNDX	Yandex N.V.	3.3%	2	25.08	28.37	N/A	6.44	16.65 - 25.97
JAZZ	Jazz Pharmaceutic	0.4%	2	56.25	11.73	N/A	2.91	40.38 - 60.79
ANF	Abercrombie & Fit	0.3%	2	48.41	16.99	1.50	2.09	28.64 - 54.05
ABBV	AbbVie Inc. Commo	0.2%	2	45.84	13.7	1.75	21.50	33.33 - 46.32
BRK-B	Berkshire Hathawa	2.5%	2	107.10	0.01	N/A	0.00	78.28 - 108.04
CLR	Continental Resou	0.6%	2	79.04	19.42	N/A	4.60	61.02 - 93.99
ADT	ADT Corporation C	2.3%	2	43.91	25.53	0.85	1.94	35.38 - 50.37
ILMN	Illumina, Inc.	0.8%	2	62.61	80.48	N/A	5.91	37.77 - 63.82
DIS	Walt Disney Compa	1.9%	2	61.87	19.96	1.21	2.72	42.84 - 63.25
AEGR	Aegerion Pharmace	0.7%	2	37.66	N/A	N/A	15.89	12.27 - 42.22
ALKS	Alkermes plc	0.0%	2	31.40	N/A	N/A	4.52	14.82 - 32.30
GMCR	Green Mountain Co	0.0%	2	55.56	24	N/A	3.63	17.11 - 59.30
CALX	Calix, Inc Common	0.1%	2	8.41	N/A	N/A	1.54	4.25 - 9.48
ACHN	Achillion Pharmac	0.2%	2	7.40	N/A	N/A	8.18	5.42 - 11.36
CBI	Chicago Bridge &	1.4%	2	53.28	17.36	0.38	3.77	32.48 - 62.73
HSH	Hillshire Brands	0.7%	2	35.66	6.04	1.05	11.95	24.31 - 35.90
ALXN	Alexion Pharmaceu	1.4%	2	99.34	68.18	N/A	9.81	81.28 - 119.54
IPXL	Impax Laboratorie	0.1%	2	17.62	21.49	N/A	1.69	14.41 - 27.25
CCI	Crown Castle Inte	2.0%	2	77.38	148.81	N/A	7.66	52.58 - 79.00
FTR	Frontier Communic	0.5%	2	4.08	31.38	9.80	0.99	3.06 - 5.15
EBR	Centrais Elc Braz	0.2%	2	2.60	N/A	25.15	0.11	2.50 - 8.59
GGC	GGC	0.7%	2	N/A	N/A	N/A	N/A	N/A - N/A
ELN	Elan Corporation,	0.1%	2	11.86	N/A	N/A	11.41	9.37 - 14.91
CIE	Cobalt Internatio	0.8%	2	28.25	N/A	N/A	4.27	19.69 - 29.45
EMC	EMC Corporation C	0.7%	2	22.39	18.28	N/A	2.08	21.45 - 28.75
GNC	GNC Holdings, Inc	0.1%	2	44.85	18.5	1.07	4.99	30.92 - 45.97
EMN	Eastman Chemical	1.4%	2	68.97	20.14	1.62	3.61	41.54 - 75.18
AUXL	Auxilium Pharmace	0.1%	2	16.03	9.21	N/A	3.95	15.69 - 29.37
CCL	Carnival Corporat	1.7%	2	34.46	18.18	2.90	1.14	30.65 - 39.95
BEAV	B/E Aerospace, In	1.1%	2	61.37	24.83	N/A	2.83	36.51 - 62.41
CELG	Celgene Corporati	0.5%	2	120.34	36.61	N/A	8.87	58.53 - 128.52
HOLX	Hologic, Inc.	0.2%	2	20.18	N/A	N/A	1.81	16.18 - 23.96
FB	Facebook, Inc.	2.0%	2	26.85	1790	N/A	5.39	17.55 - 45.00
HUM	Humana Inc. Commo	0.9%	2	73.49	9.84	1.42	1.32	59.92 - 85.18
FL	Foot Locker, Inc.	0.2%	2	33.69	13.06	2.20	2.13	27.86 - 37.65
IP	International Pap	1.5%	2	46.41	25.75	2.43	3.24	27.29 - 49.10
FLT	FleetCor Technolo	2.7%	2	75.48	29.95	N/A	6.69	33.73 - 78.87
CTRX	Catamaran Corpora	0.2%	2	56.65	80.93	N/A	2.53	41.67 - 57.40
AMRN	Amarin Corporatio	0.6%	2	6.84	N/A	N/A	N/A	6.55 - 15.96
CHS	Chico's FAS, Inc.	0.4%	2	17.86	16.54	1.19	2.61	13.52 - 19.76
CVH	Coventry Health C	0.3%	2	49.23	13.99	1.02	1.40	28.94 - 49.52

Our latest Hedge Fund 13F analysis (otherwise known as the “VIP List”) is shown below (only the top positions).   These are the most widely held stocks by the managers covered in our quarterly report.  The table is sorted descending by total number of hedge funds (in our list) that held that stock in Q4.  The second table shows what the average “conviction” size was across our group of funds.

For example, last quarter 10 hedge funds reported a position in AAPL and it was (on average) 7.7% of each of their total reported long positions:

(the entire list of 1300+ stocks is available to subscribers)

The more interesting stocks are highlighted in green.

Alot of hedge funds had big bets on Apple (AAPL) going into 2012 and it’s clearly working out so far:

While AAPL has been a big bet in alot of portfolios for several quarters, Google (GOOG) saw in increase in both the number of holders as well as the ave. position size from 3.9% to 6%:

Gilead Sciences (GILD) was a name that saw a pretty substantial increase in the number of holders but really no change in the ave. conviction level – so it looks like a bunch of HF’s initiated “starter” positions – and just in time:

Oracle Corp (ORCL) saw a similar increase in the number of filers without a dramatic change in ave. conviction level – which given the selloff at the very end of the year was probably just value-hunters finally dipping a toe in the water:

Delphi Automotive (DLPH) was a popular post-reorg equity among our group of filers with an average conviction level at over 3%:

The SPDR Gold ETF (GLD) is interesting because although the number of holders has declined, the average conviction among them is very high at 6.9%.

Microsoft (MSFT) is another name that has seen the number of holders decline but among those still holding the bet is getting bigger – and is paying off in 2012:

The last position we’ll highlight is Michael Kors Holdings (KORS) which despite going public on Dec 15th, still saw 3 funds in our group start small positions :

 

Check out our Q4 Report for more…