Thompson Rubinstein Investment Management is an investment manager primarily based on industrial investments and its top three stock holdings include PACCAR Inc (NASDAQ:PCAR), Precision Castparts Corp. (NYSE:PCP), Intel Corporation (NASDAQ:INTC), as per its recent SEC 13F filing on October 9, 2014. The fund has a current portfolio value of $254 million in accordance with its latest SEC filing. It has its primary investments in industrials and healthcare sector.
Thompson Rubinstein Investment Management owns 298,271 shares of PACCAR Inc (NASDAQ:PCAR) with net market value of $16.96 million. PACCAR Inc (NASDAQ:PCAR) reported its second quarter 2014 results with net sales and financial services making up $4.57 billion in revenues along with net earnings of $319.2 million for the quarter. Some of the primary investors of the company include Odey Asset Management Group with net investments of $201 million and Jasper Ridge Partners ($115 million) along with Legg Mason Capital Management ($73 million) following the trends.
Precision Castparts Corp. (NYSE:PCP) is the second largest investment of Thompson Rubinstein Investment Management at $14.03 million and 59,242 shares of the company. Precision Castparts Corp. (NYSE:PCP) reported an improvement in its revenue during the first quarter of fiscal 2015 at $2.53 billion and total net income of $483 million. Berkshire Hathaway has the largest stake in Precision Castparts Corp. (NYSE:PCP) at $473 million followed by Gamco Investors ($190 million) and Citadel Investment Group ($126 million)
Intel Corporation (NASDAQ:INTC) comes at number three in terms of portfolio value in Thompson Rubinstein Investment Management’s stock holdings. Its investments in the chipmaker are worth $9.86 million with 283,225 shares of the company. It was an excellent third quarter 2014 for Intel Corporation (NASDAQ:INTC) considering that the company recorded its best-ever revenue of $14.6 billion for the quarter with net income of $3.3 billion for the quarter. PC Client Group was the most productive unit of Intel Corporation (NASDAQ:INTC) during this quarter with net revenues of $9.2 billion.
This article has been written by Prakash Pandey.