A Look At Glenhill Advisors' Portfolio (QCOM, GLD, EBAY, AAPL, ARM)
Glenhill Advisors, founded in 2001 by Glenn J. Krevlin, is a multi-billion dollar long/short equity hedge fund based in New York. As of June 30, 2010, the firm's largest holdings were in Qualcomm (NASDAQ: QCOM), the SPDR Gold Trust ETF (NYSE: GLD), eBAY (NASDAQ: EBAY), Apple (NASDAQ: AAPL), and ArvinMeritor (NYSE: ARM).
At the time of the firm's last 13-F filing, they owned a little more than 1.8 million QCOM shares valued at $60.5 million. This was their largest holding. Over the last 3 months, QCOM has surged more than 30%.
Glenhill's second largest position was in the SPDR Gold Trust (GLD). That stake was valued at just over $60 million. This position has also likely been a nice winner for the fund, as the GLD has gained around 11.7% during the last 3 months.
EBAY was another large position for the hedge fund, valued at $56.5 million. Since June 12, EBAY shares have risen a very impressive 20.3%. Glenhill also held a large position in Apple (AAPL) as of June 30th. The stock has surged more than 14% over the last three months.
The hedge fund's 5th largest position was in small-cap name ArvinMeritor (ARM), which is a global supplier of a range of integrated systems, modules and components to original equipment manufacturers (OEMs) and the aftermarket for the commercial vehicle, transportation and industrial sectors. That stock has also been a nice winner over the last three months, jumping more than 17%.
