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5 Dividend Picks From A $7 Billion Hedge Fund
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Published Tue, 18 Dec 2012 04:50:44 -0500 on Seeking Alpha
Larry Robbins, a former trader at Leon Cooperman's Omega Advisors, founded Glenview Capital, a multi-strategy hedge fund, in 2001. The fund currently has over $7 billion in assets under management. The fund has been a consistent outperformer, returning, on average, 14.2% annually for the decade since its inception. As a hedge fund manager, Larry Robbins seeks out respectable businesses that have modest valuations and excess capital as well as above-average earnings growth. His current portfolio is heavily weighted towards the healthcare sector. This is so because Robbins believes that there is plenty of asset mispricing in the sector. Robbins is particularly bullish about hospitals, which he considers overcapitalized, and life sciences companies. His big bets in the healthcare sector are hospital owners Tenet Healthcare Corp. (THC) and HCA Holdings Inc. (HCA), and a life-sciences company Life Technologies Corporation (LIFE), his single largest holding. Robbins is also... Read more
Stock name ISIN Last trade P/E Earnings/Share Dividend/Share Dividend yield XEROX 
US9841211033 8.82 9.5 0.92 0.23 2.61 CARDINAL HEALTH
US14149Y1082 47.79 14.0 3.35 1.21 2.53 FIDELITY NATIONAL INFORMATION SERVICES
US31620M1062 45.08 22.2 2.01 0.88 1.95 COMPUTER SCIENCES
US2053631048 44.60 13.4 3.19 0.80 1.79