Netflix, Inc. (NASDAQ:NFLX), MicroStrategy Incorporated (NASDAQ:MSTR), Michael Kors Holdings Ltd (NYSE:KORS) are the top three stock investments of Apex Capital, as per its recent SEC 13F filing. The investment manager has a current investment portfolio of $1.40 billion with its primary investments in service, healthcare, and basic materials industry.
Netflix, Inc. (NASDAQ:NFLX) is the primary stock holding of Apex Capital, which owns 179,600 shares of the video streaming service with an estimated market value of $81 million. Netflix, Inc. (NASDAQ:NFLX) announced its fourth quarter 2014 financial results with total revenues of $1.48 billion along with net income of $83 million. Some of the primary investors of the video streaming service include Coatue Management, Icahn Capital LP, and Viking Global. (Click here to find out the list of all the investors of Netflix, Inc. at the end of third quarter 2014)
Apex Capital has its second largest stock investment in MicroStrategy Incorporated (NASDAQ:MSTR) with 466,000 shares of the company at an estimated market value of $60 million. MicroStrategy Incorporated (NASDAQ:MSTR) announced net revenues of $148.9 million in its fourth quarter 2014 with net income of $22 million. Eminence Capital, Apex Capital, and Glenhill Advisors are among the primary investors of MicroStrategy Incorporated (NASDAQ:MSTR). The shares of MicroStrategy are trading at $161.60 with current P/E ratio of 378.88.
Michael Kors Holdings Ltd (NYSE:KORS) is the third largest stock holding of Apex Capital, which owns 700,000 shares of the company with an estimated market value of $49 million. Michael Kors Holdings Ltd (NYSE:KORS) reported net revenues of $1.1 billion for its second quarter 2015 along with net income of $207.0 million. Lone Pine Capital, Discovery Capital Management, and Brookside Capital are among the primary investors of Michael Kors Holdings Ltd (NYSE:KORS). The shares of Michael Kors are trading at $70.79 with current P/E ratio of 18.65.
This article has been written by Prakash Pandey.
