A Top Hedge Fund Is Bullish On These Stock Ideas Right Now

Based on Glenview Capital‘s fourth quarter 13F filings, you could have invested your money in the S&P 500 (NYSE:SPY) and earned approximately 2% more than had you invested with them.  (This excludes management fees and other fees associated with investing in hedge funds.)  The bottom line is that holding the stocks Glenview held at year-end 2010 would have earned you less money than having invested in the S&P 500 (NYSE:SPY).

The median year-to-date return in its holdings is 4%, as is its average year-to-date return.  Compare that to the S&P 500′s (NYSE:SPY) approximate 6% year-to-date return.  The portfolio’s skew is -.54011 and its kurtosis is 0.770996, so Glenview doesn’t have an unusually risky portfolio.  Excess return for each position is calculated based on the year-to-date performance of the S&P 500: Excess return = (Return of the stock year-to-date) – (S&P 500 return year-to-date).

Following is information on Glenview’s public equity positions based on its most recent 13F filings:

  • Fiserv Inc. (NASDAQ:FISV): Glenview Capital held 1,845,427 shares of this company on December 31, 2010, which were worth $108,068,000.00. The shares most recently traded at $62.36, its 52-week high is $63.88, its 52-week low is $44.85, and its year-to-date return is 06.49%. Its excess return is 0.84% and the company’s market capitalization is $9,109,368,045. Fiserv, Inc. provides integrated information management and electronic commerce systems and services. The Company’s solutions include transaction processing, electronic bill payment and presentment, business process outsourcing, document distribution services, and software and systems solutions.
  • Flextronics International Limited (NASDAQ:FLEX): Glenview Capital held 33,094,843 shares of this company on December 31, 2010, which were worth $259,795,000.00. The shares most recently traded at $7.28, its 52-week high is $8.50, its 52-week low is $4.86, and its year-to-date return is -07.26%. Its excess return is -12.91% and the company’s market capitalization is $5,532,888,247. Flextronics International Ltd. provides electronics manufacturing services. The Company’s customers include original equipment manufacturers in the telecommunications, networking, computer, consumer electronics, and medical device industries.
  • General Motors Company (NYSE:GM): Glenview Capital held 1,035,145 shares of this company on December 31, 2010, which were worth $38,155,000.00. The shares most recently traded at $31.52, its 52-week high is $39.48, its 52-week low is $30.20, and its year-to-date return is -14.49%. Its excess return is -20.14% and the company’s market capitalization is $49,194,620,074. General Motors Co. manufactures and markets new cars and trucks. The Company offers features for special needs drivers, OnStar vehicle protection, service, parts, accessories, maintenance, XM satellite radio, features for commercial owners, and more. General Motors offers its vehicles and services worldwide. Here’s Why General Motors Is Increasing China’s Wealth>>
  • Goodrich Corp. (NYSE:GR): Glenview Capital held 886,779 shares of this company on December 31, 2010, which were worth $78,099,000.00. The shares most recently traded at $84.79, its 52-week high is $94.12, its 52-week low is $63.17, and its year-to-date return is -03.72%. Its excess return is -9.37% and the company’s market capitalization is $10,612,036,708. Goodrich Corporation supplies aerospace components, systems, and services to customers located worldwide. The Company manufactures various aerostructures, aircraft evacuation systems, passenger restraint systems, sensor systems, pump and engine controls, de-icing systems, and other products. Goodrich serves the commercial, military, general aviation, and space industries.
  • Hartford Financial Services Group Inc. (NYSE:HIG): Glenview Capital held 3,598,600 shares of this company on December 31, 2010, which were worth $95,327,000.00. The shares most recently traded at $27.17, its 52-week high is $31.08, its 52-week low is $18.81, and its year-to-date return is 02.57%. Its excess return is -3.08% and the company’s market capitalization is $12,083,428,248. The Hartford Financial Services Group, Inc. provides a range of insurance products. The Company’s products include property and casualty insurance, annuities, life insurance, investment services, and group insurance. Hartford Financial operates around the world.
  • Hewlett Packard Co. (NYSE:HPQ): Glenview Capital held 4,120,246 shares of this company on December 31, 2010, which were worth $173,462,000.00. The shares most recently traded at $40.70, its 52-week high is $54.75, its 52-week low is $37.32, and its year-to-date return is -03.33%. Its excess return is -8.98% and the company’s market capitalization is $88,071,993,351. Hewlett-Packard Company provides imaging and printing systems, computing systems, and information technology services for business and home. The Company’s products include laser and inkjet printers, scanners, copiers and faxes, personal computers, workstations, storage solutions, and other computing and printing systems. Hewlett-Packard sells its products worldwide.
  • Laboratory Corp. of America Holdings (NYSE:LH): Glenview Capital held 1,025,300 shares of this company on December 31, 2010, which were worth $90,144,000.00. The shares most recently traded at $92.82, its 52-week high is $94.61, its 52-week low is $71.58, and its year-to-date return is 05.57%. Its excess return is -0.08% and the company’s market capitalization is $9,299,199,515. Laboratory Corporation of America Holdings is a clinical laboratory organization. The Company offers a wide range of clinical laboratory tests which are used by the medical profession in routine testing, patient diagnosis, and in the monitoring and treatment of disease. Laboratory Corporation operates a network of laboratories and service sites which serve clients across the United States.
  • Life Technologies Corp. (NASDAQ:LIFE): Glenview Capital held 8,850,612 shares of this company on December 31, 2010, which were worth $491,209,000.00. The shares most recently traded at $52.73, its 52-week high is $57.25, its 52-week low is $41.10, and its year-to-date return is -04.99%. Its excess return is -10.64% and the company’s market capitalization is $9,494,563,718. Life Technologies Corporation develops biotechnology tools used by researchers. The Company offers a broad range of products and services, including systems, instruments, reagents, and custom services. Life’s portfolio of products includes technologies for capillary electrophoresis based sequencing, sequencing, mass spectrometry sample preparation, and cell culture.
  • Lincare Holdings Inc. (NASDAQ:LNCR): Glenview Capital held 1,693,042 shares of this company on December 31, 2010, which were worth $45,424,000.00. The shares most recently traded at $30.64, its 52-week high is $33.45, its 52-week low is $22.55, and its year-to-date return is 14.20%. Its excess return is 8.55% and the company’s market capitalization is $2,900,484,986. Lincare Holdings Inc. provides oxygen and other respiratory therapy services to patients in the home. The Company’s patients typically suffer from emphysema, chronic bronchitis, or asthma. The Company serves customers throughout the United States through its operating centers.
  • Live Nation Entertainment Inc. (NYSE:LYV): Glenview Capital held 2,787,513 shares of this company on December 31, 2010, which were worth $31,833,000.00. The shares most recently traded at $10.30, its 52-week high is $16.90, its 52-week low is $8.17, and its year-to-date return is -09.81%. Its excess return is -15.46% and the company’s market capitalization is $1,871,282,405. Live Nation Entertainment, Inc. produces live concerts and sells tickets to those events over the Internet. The Company also offers ticketing services for leading arenas, stadiums, professional sports franchises and leagues, college sports teams, performing arts venues, museums and theaters.
  • Louisiana-Pacific Corp. (NYSE:LPX): Glenview Capital held 1,995,800 shares of this company on December 31, 2010, which were worth $18,880,000.00. The shares most recently traded at $9.59, its 52-week high is $13.44, its 52-week low is $6.25, and its year-to-date return is 01.38%. Its excess return is -4.27% and the company’s market capitalization is $1,267,277,283. Louisiana-Pacific Corporation manufactures building materials and engineered wood products in the United States, Canada, Chile, and Brazil. The Company’s products are used by homebuilders and light commercial builders. Louisiana Pacific’s products include oriented strand board sheathing, flooring, radiant barrier panels, siding and trim, I-joists, and laminated veneer lumber.
  • McKesson Corp. (NYSE:MCK): Glenview Capital held 6,349,363 shares of this company on December 31, 2010, which were worth $446,868,000.00. The shares most recently traded at $78.50, its 52-week high is $81.00, its 52-week low is $57.81, and its year-to-date return is 11.54%. Its excess return is 5.89% and the company’s market capitalization is $19,959,410,000. McKesson Corporation distributes pharmaceuticals, medical-surgical supplies, and and health and beauty care products throughout North America. The Company also develops, implements, and supports software that facilitates the integration of data throughout the health enterprise. In addition, McKesson offers analytic, care management, and patient solutions for payers.
  • Medco Health Solutions Inc. (NYSE:MHS): Glenview Capital held 1,184,513 shares of this company on December 31, 2010, which were worth $72,575,000.00. The shares most recently traded at $55.82, its 52-week high is $65.39, its 52-week low is $43.45, and its year-to-date return is -08.89%. Its excess return is -14.54% and the company’s market capitalization is $22,576,772,871. Medco Health Solutions, Inc. is a pharmacy benefit manager. The Company provides programs and services for its clients and the members of their pharmacy benefit plans, and for the physicians and pharmacies the members use.
  • Microsoft Corp (NASDAQ:MSFT): Glenview Capital held 2,831,798 shares of this company on December 31, 2010, which were worth $79,035,000.00. The shares most recently traded at $26.07, its 52-week high is $31.58, its 52-week low is $22.73, and its year-to-date return is -06.59%. Its excess return is -12.24% and the company’s market capitalization is $219,050,096,176. Microsoft Corporation develops, manufactures, licenses, sells, and supports software products. The Company offers operating system software, server application software, business and consumer applications software, software development tools, and Internet and intranet software. Microsoft also develops video game consoles and digital music entertainment devices.
  • Mueller Water Products Inc (NYSE:MWA): Glenview Capital held 6,809,493 shares of this company on December 31, 2010, which were worth $28,396,000.00. The shares most recently traded at $4.25, its 52-week high is $5.99, its 52-week low is $2.21, and its year-to-date return is 01.92%. Its excess return is -3.73% and the company’s market capitalization is $660,397,725. Mueller Water Products, Inc. manufactures a broad range of water infrastructure and flow control products for use in water distribution networks, water and wastewater treatment facilities, gas distribution systems and fire protection piping systems. The Company’s product portfolio includes engineered valves, hydrants, pipe fittings and ductile iron pipe.
  • Owens Corning (NYSE:OC): Glenview Capital held 750,000 shares of this company on December 31, 2010, which were worth $23,363,000.00. The shares most recently traded at $36.79, its 52-week high is $37.70, its 52-week low is $23.05, and its year-to-date return is 18.10%. Its excess return is 12.45% and the company’s market capitalization is $4,556,018,528. Owens Corning Inc. offers insulation, roofing, siding, basement and acoustic systems for building and remodeling, composites solutions and asphalt.
  • Pitney Bowes Inc (NYSE:PBI): Glenview Capital held 3,527,188 shares of this company on December 31, 2010, which were worth $85,287,000.00. The shares most recently traded at $25.16, its 52-week high is $26.15, its 52-week low is $19.06, and its year-to-date return is 04.05%. Its excess return is -1.60% and the company’s market capitalization is $5,128,793,005. Pitney Bowes Inc. sells and finances, rents, and services integrated mail and document management systems. The Company offers a full suite of equipment, supplies, software and services for end-to-end mailstream solutions.
  • Radio Shack (NYSE:RSH): Glenview Capital held 650,000 shares of this company on December 31, 2010, which were worth $12,019,000.00. The shares most recently traded at $15.91, its 52-week high is $24.00, its 52-week low is $13.61, and its year-to-date return is -13.96%. Its excess return is -19.61% and the company’s market capitalization is $1,682,955,011. RadioShack Corporation operates a chain of retail consumer electronics goods and services stores located throughout the United States and Mexico, along with wireless phone kiosks in the US, and dealer outlets worldwide. The Company offers consumers wireless phone and other electronic products and services from national brands and exclusive private brands and wireless carriers.
  • Republic Services Inc (NYSE:RSG): Glenview Capital held 1,694,054 shares of this company on December 31, 2010, which were worth $50,584,000.00. The shares most recently traded at $29.91, its 52-week high is $32.95, its 52-week low is $27.65, and its year-to-date return is 00.17%. Its excess return is -5.48% and the company’s market capitalization is $11,376,935,435. Republic Services, Inc. provides non-hazardous solid waste collection and disposal services in the United States. The Company provides solid waste collection services for commercial, industrial, municipal, and residential customers. Republic also operates transfer stations, landfills, and recycling facilities.
  • Seagate Technology PLC (NASDAQ:STX): Glenview Capital held 500,000 shares of this company on December 31, 2010, which were worth $7,515,000.00. The shares most recently traded at $15.84, its 52-week high is $20.90, its 52-week low is $9.84, and its year-to-date return is 05.39%. Its excess return is -0.26% and the company’s market capitalization is $7,175,008,437. Seagate Technology PLC designs, manufactures, and markets rigid disc drives for enterprise, personal computer, and consumer electronics applications.
  • Staples Inc (NASDAQ:SPLS): Glenview Capital held 1,269,000 shares of this company on December 31, 2010, which were worth $28,895,000.00. The shares most recently traded at $20.25, its 52-week high is $25.00, its 52-week low is $17.45, and its year-to-date return is -11.07%. Its excess return is -16.72% and the company’s market capitalization is $14,569,194,600. Staples, Inc. retails office supplies, furniture, and technology. The Company’s customers include consumers and businesses in the United States, Canada, the United Kingdom, and Germany. Staples serves its customers through office superstores, mail order catalogs, the Internet, and a contract business.
  • Take-Two Interactive Software (NASDAQ:TTWO): Glenview Capital held 1,205,848 shares of this company on December 31, 2010, which were worth $14,790,000.00. The shares most recently traded at $15.56, its 52-week high is $16.75, its 52-week low is $7.98, and its year-to-date return is 26.86%. Its excess return is 21.21% and the company’s market capitalization is $1,330,846,058. Take-Two Interactive Software, Inc. develops, markets, distributes, and publishes interactive entertainment software games and accessories. The Company’s products are for the personal computer, PlayStation game console, PlayStation 2 computer entertainment system, Xbox, Nintendo GameCube, and Nintendo Game Boy Advance. Take-Two operates offices worldwide.
  • Talecris Biotherapeutics Holdings (NASDAQ:TLCR): Glenview Capital held 727,300 shares of this company on December 31, 2010, which were worth $16,946,000.00. The shares most recently traded at $27.15, its 52-week high is $27.20, its 52-week low is $15.70, and its year-to-date return is 16.52%. Its excess return is 10.87% and the company’s market capitalization is $3,416,053,677. Talecris Biotherapeutics Holdings Corporation is a biopharmaceutical company. The Company develops, produces, and markets plasma-derived protein therapies for people suffering from chronic and acute, often life-threatening, conditions, such as immune deficiency disorders, alpha-1 antitrypsin (NYSE:AAT) deficiency, infectious diseases, hemophilia and severe burns.
  • Target Corp (NYSE:TGT): Glenview Capital held 3,052,980 shares of this company on December 31, 2010, which were worth $183,576,000.00. The shares most recently traded at $49.53, its 52-week high is $60.97, its 52-week low is $48.23, and its year-to-date return is -17.63%. Its excess return is -23.28% and the company’s market capitalization is $34,327,429,356. Target Corporation operates general merchandise discount stores in the United States. The Company’s merchandising operations include general merchandise and food discount stores and a fully integrated online business. Target also offers credit to qualified applicants through its branded proprietary credit cards.
  • Textron Inc (NYSE:TXT): Glenview Capital held 637,653 shares of this company on December 31, 2010, which were worth $15,074,000.00. The shares most recently traded at $27.17, its 52-week high is $28.87, its 52-week low is $15.88, and its year-to-date return is 14.93%. Its excess return is 9.28% and the company’s market capitalization is $7,503,234,617. Textron Inc. is a global, multi-industry company with operations in aircraft, defense, industrial products, and finance. The Company’s products include airplanes, helicopters, weapons, and automotive products. Textron’s finance division offers asset based lending, aviation, distribution, golf, and resort finance, as well as structured capital.
  • Thermo Fisher Scientific Inc (NYSE:TMO): Glenview Capital held 4,288,697 shares of this company on December 31, 2010, which were worth $237,422,000.00. The shares most recently traded at $55.81, its 52-week high is $58.16, its 52-week low is $41.74, and its year-to-date return is 00.81%. Its excess return is -4.84% and the company’s market capitalization is $21,799,777,206. Thermo Fisher Scientific, Inc. manufactures scientific instruments, consumables, and chemicals. The Company offers analytical instruments, laboratory equipment, software, services, consumables, reagents, chemicals, and supplies to pharmaceutical and biotech companies, hospitals and clinical diagnostic labs, universities, research institutions, and government agencies.
  • Tyco International Ltd. (NYSE:TYC): Glenview Capital held 5,440,930 shares of this company on December 31, 2010, which were worth $225,472,000.00. The shares most recently traded at $47.15, its 52-week high is $48.26, its 52-week low is $34.00, and its year-to-date return is 13.78%. Its excess return is 8.13% and the company’s market capitalization is $22,337,464,103. Tyco International Ltd. provides security products and services, fire protection and detection products and services, valves and controls, and other industrial products.
  • URS Corp (NYSE:URS): Glenview Capital held 2,770,300 shares of this company on December 31, 2010, which were worth $115,272,000.00. The shares most recently traded at $45.07, its 52-week high is $53.25, its 52-week low is $35.09, and its year-to-date return is 08.32%. Its excess return is 2.67% and the company’s market capitalization is $3,633,981,005. URS Corporation offers a broad range of planning, design, and program and construction management services. The Company provides services for infrastructure projects involving air and surface transportation systems, industrial and commercial facilities, and pollution control and hazardous waste management programs.
  • Viacom Inc (NYSE:VIA.B): Glenview Capital held 3,465,239 shares of this company on December 31, 2010, which were worth $137,258,000.00. The shares most recently traded at $47.36, its 52-week high is $47.85, its 52-week low is $30.24, and its year-to-date return is 19.57%. Its excess return is 13.92% and the company’s market capitalization is $28,484,828,655. Viacom Inc. (Viacom) is an entertainment content company. The Company engages audiences on television, motion picture, Internet and mobile platforms through many of the world’s entertainment brands. it manages its operations through two reporting segments: Media Networks and Filmed Entertainment. Its Media Networks segment provides entertainment content for consumers in demographics attractive to advertisers, content distributors and retailers. Its Filmed Entertainment segment produces, finances and distributes motion pictures and other entertainment content under the Paramount Pictures, Paramount Vantage, Paramount Classics, MTV Films and Nickelodeon Movies brands.
  • Waters Corp (NYSE:WAT): Glenview Capital held 462,104 shares of this company on December 31, 2010, which were worth $35,910,000.00. The shares most recently traded at $87.65, its 52-week high is $90.23, its 52-week low is $60.01, and its year-to-date return is 12.79%. Its excess return is 7.14% and the company’s market capitalization is $8,029,301,100. Waters Corporation provides high-performance liquid chromatography products and services. The Company distributes its products worldwide to a wide range of industries such as pharmaceuticals, chemicals, and environmental testing. Waters also designs, manufactures, sells and services thermal analysis, rheometry and calorimetry instruments and related software products.
  • Wellpoint Inc (NYSE:WLP): Glenview Capital held 2,314,473 shares of this company on December 31, 2010, which were worth $131,601,000.00. The shares most recently traded at $68.95, its 52-week high is $71.00, its 52-week low is $46.52, and its year-to-date return is 21.26%. Its excess return is 15.61% and the company’s market capitalization is $25,559,363,959. WellPoint Inc. is a health benefits company. The Company provides health benefits, dental and vision benefits, pharmacy benefits, life insurance, and life and disability insurance benefits. WellPoint operations include Blue Cross and Blue Shield plans.
  • Wyndham Worldwide Corp. (NYSE:WYN): Glenview Capital held 918,187 shares of this company on December 31, 2010, which were worth $27,509,000.00. The shares most recently traded at $31.76, its 52-week high is $32.86, its 52-week low is $19.44, and its year-to-date return is 06.01%. Its excess return is 0.36% and the company’s market capitalization is $5,458,858,023. Wyndham Worldwide Corporation is a hospitality company. The Company franchises hotels in the upscale, midscale, and economy segments of the lodging industry and provides hotel management services to owners of luxury, upscale and midscale hotels; provides vacation exchange products and services, and develops, markets, and sells vacation ownership interests to individual consumers.
  • Xerox Corp. (NYSE:XRX): Glenview Capital held 20,783,862 shares of this company on December 31, 2010, which were worth $239,430,000.00. The shares most recently traded at $10.70, its 52-week high is $12.08, its 52-week low is $7.67, and its year-to-date return is -07.12%. Its excess return is -12.77% and the company’s market capitalization is $14,974,018,433. Xerox Corporation develops, manufactures, markets, services, and finances a range of document processing products and services for use in offices around the world. The Company also, through subsidiaries, provides network management, consulting, design, and integration services for medium and large companies.

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