Apple Inc. (AAPL), Google Inc (GOOGL), Cisco Systems, Inc. (CSCO): FCM Investments’ Prominent Tech Picks


In its second quarter 2015 filings of trades and holdings, FCM Investments disclosed that the value of its equity portfolio rose to $209.4 million, from $206.9 million in the first quarter 2015.

FCM Investments carried out a number of reforms in its equity portfolio make up during the second quarter. The fund sold out of one stock and initiated fresh positions in three other stocks. FCM Investments also deemed it fit to increase holding in one stock while reducing stake in 25 other stocks.

In terms of industries, FCM Investments is more active in the Technology sector, which accounts for 36% of its equity portfolio. The fund also has exposure to Materials, Healthcare and Finance industries at 18%, 16% and 14% of the portfolio, respectively.

Here is a closer look at FCM Investments’ most prominent Technology picks and how the fund played them during second quarter: Apple Inc. (NASDAQ:AAPL), Google Inc (NASDAQ:GOOGL), Cisco Systems, Inc. (NASDAQ:CSCO).

Stake in Apple takes a dip

FCM Investments finished the second quarter 2015 with 63,885 shares in Apple Inc. (NASDAQ:AAPL), a stake valued slightly above $8 million. The fund slightly reduced its holding in Apple during the second quarter because it previously disclosed owning 64,375 shares in Apple at the end of the first quarter 2015, a stake that was also valued above $8 million.

Position in Google narrowed

FCM Investments owns both Class A and Class C shares of Google Inc (NASDAQ:GOOGL). At the end of the latest quarter (second quarter 2015), the fund held 12,974 Class A shares of Google and 12,297 Class C shares of Google. That translates to total shareholding of 25.3 million shares for a total value of $13.4 million.

The fund slightly narrowed its exposure to Google during the second quarter, considering that it owned both Class A and C shares in the company totaling 25.5 million at the end of the first quarter. The dollar value of the previous stake was about $14.1 million.

Stake in Cisco Systems lowered slightly

FCM Investments’ stake in Cisco Systems, Inc. (NASDAQ:CSCO) stood at 212,551 shares at the end of the second quarter, for a total dollar value of $5.84 million. The fund lowered its holding in Cisco during the second quarter, given that its previous position in the stock was 212,986 shares, for a total dollar value of $5.86 million.

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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