SAC Capital and Steve Cohen’s Top Technology Stock Picks

Wall St. Watchdog reveals information about SAC Capital’s top investments in the Technology sector.

  • Apple, Inc. (NASDAQ:AAPL): On 3/31/11 SAC Capital reported holding 253,255 shares with a market value of $88,261,903. This comprised 0.67% of the total portfolio. On 6/30/11, SAC Capital held 598,046 shares with a market value of $200,746,109. This comprised 1.45% of the total portfolio. The net change in shares for this position over the two quarters is 344,791. About the company: Apple Inc. designs, manufactures, and markets personal computers and related personal computing and mobile communication devices along with a variety of related software, services, peripherals, and networking solutions. The Company sells its products worldwide through its online stores, its retail stores, its direct sales force, third-party wholesalers, and resellers.
  • Cooper Industries, plc (NYSE:CBE): On 3/31/11 SAC Capital reported holding 0,000 shares with a market value of $0. This comprised 0.00% of the total portfolio. On 6/30/11, SAC Capital held 1,280,591 shares with a market value of $76,412,863. This comprised 0.55% of the total portfolio. The net change in shares for this position over the two quarters is 1,280,591. About the company: Cooper Industries PLC is a global, diversified electrical products and tools manufacturer. The Company’s products include electrical distribution equipment, wiring devices, support systems, hazardous duty electrical equipment, lighting fixtures, emergency lighting, fuses, nonpower hand tools and industrial power tools.
  • Baidu, Inc. (NASDAQ:BIDU): On 3/31/11 SAC Capital reported holding 30,447 shares with a market value of $4,195,901. This comprised 0.03% of the total portfolio. On 6/30/11, SAC Capital held 529,201 shares with a market value of $74,156,939. This comprised 0.54% of the total portfolio. The net change in shares for this position over the two quarters is 498,754. About the company: Baidu, Inc. operates an Internet search engine. The Company offers algorithmic search, enterprise search, pay for performance and news, MP3, and image searches.
  • Acuity Brands, Inc. (NYSE:AYI): On 3/31/11 SAC Capital reported holding 272,773 shares with a market value of $15,954,493. This comprised 0.12% of the total portfolio. On 6/30/11, SAC Capital held 1,116,877 shares with a market value of $62,299,398. This comprised 0.45% of the total portfolio. The net change in shares for this position over the two quarters is 844,104. About the company: Acuity Brands, Inc. manufactures and sells lighting equipment and chemicals. The Company provides indoor and outdoor lighting equipment for commercial, industrial, outdoor, and residential applications. Acuity also provides a range of chemical products, including industrial and institutional maintenance and sanitation products, pest control products, and lawn and garden products.
  • Hubbell Inc. (NYSE:HUBB): On 3/31/11 SAC Capital reported holding 620,919 shares with a market value of $44,103,876. This comprised 0.34% of the total portfolio. On 6/30/11, SAC Capital held 900,584 shares with a market value of $58,492,928. This comprised 0.42% of the total portfolio. The net change in shares for this position over the two quarters is 279,665. About the company: Hubbell Incorporated (Hubbell) is engaged in the design, manufacture and sale of electrical and electronic products for a range of non-residential and residential construction, industrial and utility applications.
  • Citrix Systems, Inc. (NASDAQ:CTXS): On 3/31/11 SAC Capital reported holding 564,738 shares with a market value of $41,485,653. This comprised 0.32% of the total portfolio. On 6/30/11, SAC Capital held 724,279 shares with a market value of $57,942,320. This comprised 0.42% of the total portfolio. The net change in shares for this position over the two quarters is 159,541. About the company: Citrix Systems, Inc. designs, develops, and markets technology solutions that allow applications to be delivered, supported, and shared on-demand. The Company develops and markets comprehensive solutions across all dimensions of application, server and desktop virtualization as well as application and network optimization.
  • Total System Services, Inc. (NYSE:TSS): On 3/31/11 SAC Capital reported holding 2,016,883 shares with a market value of $36,344,233. This comprised 0.28% of the total portfolio. On 6/30/11, SAC Capital held 2,977,071 shares with a market value of $55,313,979. This comprised 0.40% of the total portfolio. The net change in shares for this position over the two quarters is 960,188. About the company: Total System Services, Inc. provides electronic payment processing and related services to financial and nonfinancial institutions. The Company’s services include processing consumer, retail, commercial, government services, stored value and debit cards. Total System serves institutions throughout the United States and internationally.
  • NCR Corp. (NYSE:NCR): On 3/31/11 SAC Capital reported holding 2,132,751 shares with a market value of $40,181,029. This comprised 0.31% of the total portfolio. On 6/30/11, SAC Capital held 2,880,653 shares with a market value of $54,415,533. This comprised 0.39% of the total portfolio. The net change in shares for this position over the two quarters is 747,902. About the company: NCR Corporation manufactures financial transaction machines and other products. The Company produces automated teller machines (ATM), self-checkout and self-service kiosks, point-of-sale workstations and scanners; manufactures printer consumable products; and manages networks and servers for ATMs and kiosks.
  • Verifone Systems, Inc. (NYSE:PAY): On 3/31/11 SAC Capital reported holding 895,551 shares with a market value of $49,210,528. This comprised 0.38% of the total portfolio. On 6/30/11, SAC Capital held 1,137,456 shares with a market value of $50,446,172. This comprised 0.37% of the total portfolio. The net change in shares for this position over the two quarters is 241,905. About the company: VeriFone Systems, Inc. is a global provider of technology that enables electronic payment transactions and value-added services at the point of sale. The Company’s customers include financial institutions, payment processors, petroleum companies, large retailers, government organizations and healthcare companies, as well as independent sales organizations.
  • Blackboard Inc. (NASDAQ:BBBB): On 3/31/11 SAC Capital reported holding 816,329 shares with a market value of $29,583,764. This comprised 0.23% of the total portfolio. On 6/30/11, SAC Capital held 854,875 shares with a market value of $37,093,026. This comprised 0.27% of the total portfolio. The net change in shares for this position over the two quarters is 38,546. About the company: Blackboard Inc. provides electronic learning Internet infrastructure software. The company’s product line bundled in two suites, the Blackboard Academic Suite and the Blackboard Commerce Suite. The company licenses these products on a renewable basis. Blackboard Inc. serves in U.S. and international postsecondary education market and U.S. elementary and secondary market.

(Note: Data on SAC Capital’s holdings are sourced from whalewisdom.com.  All data are assumed to be accurate.)

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