One fund manager I follow manages over $600 million worth of assets and his 13-F is chock full of large cap, blue chip names common to many investment portfolios. A deeper look, however, reveals some positions that just do not seem to fit the bill of someone responsible for managing more than a half of a billion dollars - small, somewhat illiquid community banks. Many with less than $50 million market capitalization and some with less than $20 million. Review of other 13-Fs from this and investor and others show it is not uncommon for large money managers to own shares of these tiny banks - some with only 1 or 2 branches.
I became curious and tried to understand...
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|