Every quarter, many money managers have to disclose what they've bought and sold, via "13F" filings. Their latest moves can shine a bright light on smart stock picks.
Today, let's look at Tocqueville Asset Management, which is a portfolio manager with a contrarian bent, believing that "the best investment results over time are achieved outside the mainstream consensus" and seeking "undervalued companies that possess long-term earnings power."
The company's reportable stock portfolio totaled $8.9 billion in value as of Dec. 31, 2012.
So what does Tocqueville's latest quarterly 13F filing tell us? Here are a few interesting details:
) The biggest new holdings are FedEx and Canadian miner Ivanplats. Other new holdings of interest include Halcon Resources (NYSE: HK ) and Sarepta Therapeutics (NASDAQ: SRPT ).