Qualcomm, Inc. (NASDAQ:QCOM), Amazon.com, Inc. (NASDAQ:AMZN) and eBay Inc (NASDAQ:EBAY): Barton Investment Management’s Prominent Tech Picks


Barton Investment Management carried out widespread reforms in its equity portfolio during 1Q2015. At the end of the day, the fund’s portfolio increased to more than $271 million from $261 million in 4Q2014.

Some of adjustments that Barton performed in its portfolio included initiating a fresh position in one stock, selling out in one other stock. The fund initiated a new position in GlaxoSmithKline plc (ADR) (NYSE:GSK) and sold out of the International Business Machines Corp. (NYSE:IBM).

Additionally, the fund bolstered holding in nine stocks and trimmed position in 16 other stocks.

By sector, Barton has its largest bet in Technology and Consumer Discretionary stocks, with Qualcomm, Inc. (NASDAQ:QCOM), Amazon.com, Inc. (NASDAQ:AMZN) and eBay Inc (NASDAQ:EBAY) being its prominent Technology picks.

Here is a brief look at the fund’s largest technology picks, which also happen to be its top-three best picks overall.

Barton decreases stake in Qualcomm (QCOM)

Barton Investment Management owned 389,361 shares worth $27 million in Qualcomm, Inc. (NASDAQ:QCOM) as of the end of 1Q. The fund decreased its holding in chipmaker Qualcomm during 1Q because it previously owned 399,561 shares valued at $30 million in the company.

Barton ups holding in Amazon (AMZN)

Barton slightly raised its holding in Amzon.com, Inc. (NASDAQ:AMZN) during 1Q. The fund held 51,319 shares valued above $19 million in Amazon as of the end of the quarter, more than 51,052 shares worth nearly $16 million as of the end of 4Q.

Interest in eBay (EBAY) declines

Barton Investment Management cut its stockholding in eBay Inc (NASDAQ:EBAY). The fund disclosed 248,280 shares valued at $14 million in eBay at the end of 1Q, slightly lower than 248,860 shares worth about $14 million in the company in the previous report.

Largest overall

Barton Investment Management’s largest equity picks overall are Netflix, Inc. (NASDAQ:NFLX), Qualcomm and Athenahealth, Inc (NASDAQ:ATHN). The fund cut its holding in all these stocks during 1Q.

Neha Gupta

Neha Gupta has been in the financial space for over six years now. Gupta earned her MBA degree from Symbiosis Centre of Distance Learning in 2009 and her passion for finance led her to pursue Chartered Financial Analyst (CFA) course. She has successfully completed Level II of her CFA. She is a veteran in article writing, which is depicted in her numerous pieces published on SeekingAlpha, Nextiphonenews, InsiderMonkey, MarketWatch, and Techinsider. Her crisp and eloquent writing finds its best place in Researchcows, where emphasis is given on developing rich content for various websites, products, business plans, trainings, and book writing.

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