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Mastercard Inc (MA), Walt Disney Co (DIS) and Home Depot Inc (HD): Roanoke Asset Management Corp’s Top 3 Best Equity Picks Overall


In its latest regulatory filings, Roanoke Asset Management Corp has reported that it eliminated five stocks from its portfolio during the second quarter 2015. The fund also took the opportunity to add four fresh positions to its equity holding during the quarter.

In other reforms, Roanoke Asset Management Corp lowered exposure to eight stocks and increased exposure to 61 other stocks during the second quarter.

In terms of sectors, Roanoke Asset Management Corp has its best bet in Technology, which makes up 25% of its portfolio.

The value of Roanoke Asset Management Corp’s equity portfolio appreciated to $310.8 million, from $304.9 million at the end of the first quarter 2015.

Discarded stocks: Pharmacyclics, Inc. (NASDAQ:PCYC) and Benchmark Electronics, Inc. (NYSE:BHE).

Largest buys: AbbVie Inc (NYSE:ABBV), Morgan Stanley (NYSE:MS) and Gilead Sciences, Inc. (NASDAQ:GILD).

Here is a brief look at Roanoke Asset Management Corp’s best-three equity picks overall: Mastercard Inc (NYSE:MA), Walt Disney Co (NYSE:DIS) and Home Depot Inc (NYSE:HD).

Best picks overall

Roanoke takes up more shares in Mastercard (MA)

Roanoke Asset Management Corp took up more shares in Mastercard Inc (NYSE:MA), finishing the second quarter with 173,825 shares in the stock. The previous position was 171,520 shares, valued at $14.8 million. The new position is valued at more than $16.2 million.

Roanoke ups stake in Walt Disney (DIS)

Roanoke Asset Management Corp increased its exposure to Walt Disney Co (NYSE:DIS) to 83,713 shares, up from 82,003 shares. The new stake has a dollar value of $9.6 million, compared to $8.6 million at the end of the previous quarter.

Stake in Home Depot (HD) depreciates

The stake in Home Depot Inc (NYSE:HD) rose slightly to 85,419 shares, for a total dollar value of $9.49 million at the end of the second quarter. The previous holding was 84,097 shares, valued above $9.55 million. Therefore, despite the increase in the number of shares owned in Home Depot, the financial value of the investment depreciated.

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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