Hays Advisory is a management firm that focuses on an assortment of investment portfolios including domestic, international, and global equities. The firm also invests in specific portfolios that seek regular shareholder returns and downside protection. This is achieved by investing across multiple asset classes as a way to spread the risk. The firm’s SEC 13F filing of October 10, 2014, shows that its primary stock shareholdings are CVS Health Corp (NYSE:CVS), UnitedHealth Group Inc. (NYSE:UNH), and Iconix Brand Group Inc (NASDAQ:ICON).
CVS Health Corp (NYSE:CVS) emerged as the primary investment of Hays Advisory with a total investment worth $27 million, according to the firm’s third quarter postings. The firm was founded in 2007 after a merger between two pharmaceutical companies, CVS Pharmacy and Caremark Rx. The company is known to acquire several other pharmacies and companies in the medical sector. It currently boasts of institutional holdings of 83.98% and has several subsidiaries including CVS Pharmacy, Inc, Caremark Rx, and several others.
UnitedHealth Group Inc. (NYSE:UNH) was the second largest investment of Hays Advisory with a total investment of $22.3 million according to the firm’s third quarter filings. This is a company founded in 1977 with headquarters in Minnetonka, Minnesota, USA. It’s a company that offers diverse range of health care products and services with the primary aim of improving the lives and health of different communities. It’s one of the health care companies that have embraced technology in carrying out of its key functions. It has for a several years been the largest health insurance provider in the U.S. and has made major acquisitions to expand its services, products, and market outreach.
Iconix Brand Group Inc (NASDAQ:ICON) was the third largest investment of Hays Advisory with a total investment of $19.3 million at the end of the third quarter. The firm is a premium brand management entity. It owns an assortment of strong global consumer brands in sports, entertainment, fashion, and home. The company has over 1,000 licenses with major retailers and manufacturers spread across the globe. Some of the company’s subsidiaries include Lee Cooper, Ocean Pacific, Starter Clothing Line, among many others. A few of the entities that own stock in the company are SouthernSun Asset Management LLC, JPMorgan Investment Management, Inc., Dimensional Fund Advisors LP, and Neil Cole.