Nuance Communications Inc. (NUAN), American Capital Agency Corp. (AGNC): What This Top-Earning Billionaire Has Been Buying

Finally, Moore’s biggest closed positions included Bank of America Corp (NYSE:BAC) and calls on the iShares Russell 2000 ETF. Other closed positions of interest include Sequenom, Inc. (NASDAQ:SQNM), which makes molecular and genetic diagnostic tests. My colleague Alex Planes has noted that the company sports some impressive numbers — for an unprofitable company that faces stiff competition. Its last quarter featured revenue up 91%, but net losses, too, in part due to billing-code changes that delayed payments. The company is cutting costs, in part by laying off some 75 workers. One of Sequenom’s tests can check for Down syndrome in a non-invasive manner, which should be of interest to many older women. Future tests might address conditions such as macular degeneration.

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. Therefore, 13-F forms can be great places to find intriguing candidates for our portfolios.

The article Here’s What This Top-Earning Billionaire Has Been Buying originally appeared on Fool.com.

Longtime Fool contributor Selena Maranjian, whom you can follow on Twitter, owns shares of Apple. The Motley Fool recommends Apple, Bank of America, and Nuance Communications. The Motley Fool owns shares of Apple, Bank of America, and Nuance Communications. 

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