Sarepta Therapeutics Inc (SRPT), National-Oilwell Varco, Inc. (NOV): Here’s What This $17 Billion Hedge Fund Company Has Been Buying

Finally, Viking’s biggest closed positions included News Corp (NASDAQ:NWS) and Schlumberger Limited. (NYSE:SLB). Other closed positions of interest include India-based ICICI Bank Limited (ADR) (NYSE:IBN). In April, the bank reported double-digit profit increases and rising ROE, and it recently yielded 2%. Analysts at Zacks downgraded the bank earlier this month, though, citing deterioration of its credit quality and expected steep operating expenses. ICICI is a major lender in India and is growing briskly there, and is expanding abroad, targeting even China. Its stock is up about 29% over the past year and has averaged 20.5% annually over the past decade.

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

The article Here’s What This $17 Billion Hedge Fund Company Has Been Buying originally appeared on Fool.com and is written by Selena Maranjian.

Longtime Fool contributor Selena Maranjian, whom you can follow on Twitter, owns shares of Qualcomm, Cemex, and Intuitive Surgical. The Motley Fool recommends and owns shares of Intuitive Surgical and National Oilwell Varco. It also owns shares of Qualcomm.

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