Personal Capital Advisors Corp Released Its Form 13F-HR on October 2, 2014. The fund has 13F portfolio of 135 different positions which worth $702 million as of September 30, 2014. The funds top three stock positions are Microsoft Corporation (NASDAQ:MSFT), Norfolk Southern Corp. (NYSE:NSC) and SBA Communications Corporation (NASDAQ:SBAC).
Personal Capital Advisors Corp had $7.1 million invested in Microsoft Corporation (NASDAQ:MSFT) at the end of third quarter. The company recently announced its new operating system, namely Windows 10. The new operating system is a big milestone for Microsoft Corporation (NASDAQ:MSFT) so the company has skipped the name of Windows 9. The new product will be compatible with tablets, phones, PCs and other thin gadgets. The company has announced the revenue of $23.38 billion and operating income of $6.48 billion for the quarter ended June 30, 2014. Jeffrey Ubben’s Valueact Capital and Jean-Marie Eveillard’s First Eagle Investment Management are prominent investment managers which have positions in Microsoft Corporation (NASDAQ:MSFT). (You can see complete lish of hedge funds which have investments in the company).
Norfolk Southern Corp. (NYSE:NSC) provides transportation services of raw materials, intermediate products, and finished goods by rail ways. Personal Capital Advisors Corp had 63,736 shares of Norfolk Southern Corp. (NYSE:NSC) which worth $7.1 million at the end of third quarter. The company recently announced that it is going to present its third-quarter 2014 financial results on October 22, 2014. Norfolk Southern Corp. (NYSE:NSC) has a market cap of $33.6 billion, P/E ratio of 17.6 and dividend yield of 2.1%.
SBA Communications Corporation (NASDAQ:SBAC) owns and operates wireless communications towers in the United States. Personal Capital Advisors Corp had $7 billion invested in SBA Communications Corporation (NASDAQ:SBAC) at the end of third quarter. SBA Communications Corporation (NASDAQ:SBAC) has market cap of $14.1 billion. The company reported total revenue of $383.4 million, operating income of $83.3 million and site leasing revenue growth of 22% for the second quarter of 2014.