This Billionaire’s Fund Returned 30% This Year; Here Are Some of His Top Stock Picks

CQS also sold 119,954 shares of Ariad Pharmaceuticals, Inc.(NASDAQ:ARIA) between July and September, and held over 1.01 million shares worth $13.8 million at the end of the quarter. Another investor bullish on Ariad is Jim Simons’ Renaissance Technologies disclosed ownership of more than 1.3 million shares worth over $18 million in its last 13F filing. The stock has cheered investors by returning an outstanding 98% over the last year. Ariad Pharmaceuticals, Inc.(NASDAQ:ARIA) has an ‘Overweight’ rating from most analysts covering the stock. The company reported a loss of $0.14 per share for the last quarter beating analyst estimates of a loss of $0.19 per share. While the number of smart money managers tracked by us long Ariad Pharmaceuticals, Inc.(NASDAQ:ARIA) inched up by two to 29, the value of their investment increased by more than 70% to $563.76 million during the third quarter.

In Liberty Interactive Corporation – Series A Liberty Ventures (NASDAQ:LVNTA), CQS Cayman held 331,556 shares (down by 58,213 shares over the quarter) worth more than $13 million at the end of September. D. E. Shaw & Co also reported owning 4.48 million shares worth $178 million in its last 13F filing. Liberty Interactive Corporation  (NASDAQ:LVNTA) owns interests in the video and digital commerce industries. The Company’s segments include major websites such as the Lending Tree and Zulily. It holds minority interests in a number of large media, telecommunication and online companies besides having a major televised shopping division. The stock price has inched down by 3% over the last three months, but still remains near its 52-week high. According to our database, 77 funds amassed $3 billion worth of Liberty Interactive Corporation’s stock at the end of the third quarter.

In Altisource Portfolio Solutions S.A. (NASDAQ:ASPS), Hintze’s fund increased its stake by 25,000 shares over the quarter to 375,000 shares worth $12 million at the end of September. Another investor fond of Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) is Leon Cooperman’s Omega Advisors, which held 2.2 million shares worth $71.9 million at the end of the third quarter. Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) operates through three segments: mortgage, financial and technology services. The shares have lost more than 5% over the last year. For the September quarter, the company reported revenue of $252.74 million versus the consensus estimate of $235.67 million. For the current quarter, analyst expect revenue of $212.67 million and earnings of  $0.48 per share. At the end of quarter three, a total of 17 of  funds tracked by Insider Monkey were long Altisource Portfolio Solutions S.A. (NASDAQ:ASPS), up by three funds over the quarter.

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