Take a Look at the Top Stock Picks of this Multi-Billion Dollar Fund

#3 Analog Devices, Inc. (NASDAQ:ADI)

Shares Owned by Cantillon Capital Management (as of September 30): 7.5 million shares

Value of Holding (as of September 30): $423.068 Million

The stock of integrated circuits manufacturer Analog Devices, Inc. (NASDAQ:ADI) performed remarkably well during the first half, but the 11.4% decline suffered during the third quarter narrowed their year-to-date gains to some 8%. Even though Cantillon sold 18,000 shares of the company during the July-September period, Analog Devices, Inc. (NASDAQ:ADI) still accounted for 9.02% of the fund’s equity portfolio at the end of September. On October 14, reports emerged that Analog Devices was in talks with smaller rival Maxim Integrated Products Inc. (NASDAQ:MXIM) regarding a potential merger. Following this news, shares of both Analog Devices and Maxim Integrated Products spiked and on the same day analysts at BMO Capital Markets upgraded the stock of Analog Devices to ‘Outperform’ from ‘Market Perform’ and raised their price target to $66 from $63. Dmitry Balyasny‘s Balyasny Asset Management initiated a stake in the company during the second quarter by purchasing almost 1.78 million shares.

#2 Fidelity National Information Services (NYSE:FIS)

Shares Owned by Cantillon Capital Management (as of September 30): 8.06 million shares

Value of Holding (as of September 30): $540.642 Million

Just like the two companies discussed previously, Cantillon Capital Management also slightly reduced its stake in Fidelity National Information Services (NYSE:FIS) by 18,850 shares during the third quarter. Though the stock of the company rose almost by 9% during the third quarter, it couldn’t help Fidelity National Information Services (NYSE:FIS) to retain its position as Cantillon’s largest holding in terms of value. Recently, shares of the company have slumped by more than 12% in a single day after it reported its fiscal 2015 third quarter earnings on November 3. While the Stree had expected it to declare EPS of $0.91 on revenue of $1.64 billion, Fidelity National Information Services reported EPS of $0.90 on revenue of $1.60 billion. After Cantillon, Ken Griffin‘s Citadel Investment Group was the largest shareholder of the company at the end of the second quarter among the hedge funds we cover; it owned slightly over 5 million shares.

#1 Alphabet Inc (NASDAQ:GOOG)

Shares Owned by Cantillon Capital Management (as of September 30): 888,378 shares

Value of Holding (as of September 30): $555.395 Million

Finally, due to Cantillon increasing its stake by 126% or 496,215 shares during the July-September period, Alphabet Inc (NASDAQ:GOOG) emerged as the fund’s largest equity holding at the end of the third quarter. The better than expected numbers that the company has reported in its last two quarterly results has helped its stock to break the trading range that it was confined to for almost the last two years and it currently trades with year-to-date gains of 32.2%. For the third quarter, Alphabet Inc (NASDAQ:GOOG) reported EPS of $7.35 on revenue of $18.68 billion, compared to EPS of $6.35 on revenue of $16.51 billion delivered a year earlier. Andreas Halvorsen‘s Viking Global increased its stake in the company by 67% to over 2.7 million shares during the second quarter.

Disclosure: None