The Motley Fool

Fund manager reveals top 5 “overweight” holdings

Some investors like to scour the top holdings of professional investors for potential investment ideas and Sydney-based Perennial Funds Management recently revealed the top 5 holdings of its actively managed Perennial Value Active Plus Shares Trust.

It’s worth noting the fund is 2.3% behind its benchmark the S&P/ ASX300 Accumulation Index over the past 3 years and 2.2% behind the index since inception.

As such investors shouldn’t take professional investors’ share picks as sure things, but it can be worth looking to see what different fundies like.

So let’s take a look at Perennial’s active Australian equities fund’s top five holdings.

Tabcorp Holdings Ltd (ASX: TAH) is the over the counter and online gambling business that this week reported a half year profit of $182 million on revenue of $2,787 million. The stock is up 5% over the past year.

Woodside Petroleum Limited (ASX: WPL) is the WA-based onshore and offshore oil and LNG giant explorer and producer. This week it reported a half year profit of $1,364 million on revenue of $5,240 million, the stock is up 28% over the past year.

Aristocrat Leisure Limited (ASX: ALL) is the pokie machine manufacturer due to report its half year results later this month. It’s a highly valued growth share up 3% over the past year.

Janus Henderson Group (ASX: JHG) is the UK and Denver USA-based equities and fixed income business that has taken a battering partly on the back of Brexit and weak UK equity markets. The stock is down 27% over the past year.

News Corp (ASX: NWS) is the global multi-media giant that part owns online real estate group REA Group Limited (ASX: REA). The share price is down close to 15% over the past year.

That’s a well diversified selection of companies across different sectors and most professional or mum and dad investors should appreciate the benefits of diversification.

Top 3 ASX Blue Chips To Buy For 2019

For many, blue chip stocks mean stability, profitability and regular dividends, often fully franked..

But knowing which blue chips to buy, and when, can be fraught with danger.

The Motley Fool’s in-house analyst team has poured over thousands of hours worth of proprietary research to bring you the names of "The Motley Fool’s Top 3 Blue Chip Stocks for 2019."

Each one pays a fully franked dividend. The names of these Top 3 ASX Blue Chips are included in this specially prepared free report. But you will have to hurry. Depending on demand – and how quickly the share prices of these companies moves – we may be forced to remove this report.

Click here to claim your free report.

Motley Fool contributor Tom Richardson has no position in any of the stocks mentioned.

You can find Tom on Twitter @tommyr345

The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

NEW. Five Cheap and Good Stocks to Buy in 2019…

Our Motley Fool experts have just released a brand new FREE report, detailing 5 dirt cheap shares that you can buy today.

One stock is an Australian internet darling with a rock solid reputation and an exciting new business line that promises years (or even decades) of growth… while trading at an ultra-low price…

Another is a diversified conglomerate trading near a 52-week low all while offering a 2.8% fully franked yield…

Plus 3 more cheap bets that could position you to profit over the next 12 months!

See for yourself now. Simply click the link below to scoop up your FREE copy and discover all 5 shares. But you will want to hurry – this free report is available for a brief time only.

CLICK HERE FOR YOUR FREE REPORT!