Portfolio of Prof. Mankekar

This post is in continuation of my coat tailing series (see here).

To know what other top investors areĀ  buying/holding/selling in India, subscribe to our Investor Wisdom Newsletter

Prof. Mankekar is a well known celebrity investor in the Indian Capital Markets.The investments of the Mankekar family are in the name of Prof Mankekar, his wife Laxmi and his son Kedar.

Their significant portfolio holdings as on 31 December,2014 as per stock exchanges is as given below:

Company Symbol Entity Date End # of Shares % Value (In Crores)
Century Textiles & Industries Limited CENTURYTEX Shivanand Shankar Mankekar 201412 2000000 2.15 112.95
Cox & Kings Limited COX&KINGS SHIVANAND SHANKAR MANKEKAR 201412 1996876 1.18 62.65
Financial Technologies (India) Limited FINANTECH Laxmi Shivanad Mankekar 201412 1350000 2.93 27.22
Future Lifestyle Fashions Limited FLFL SHIVANAND SHANKAR MANKEKAR 201412 1951468 1.05 15.61
Future Retail Limited FRL Laxmi Shivanand Mankekar 201412 5830821 2.44 65.98
Future Retail Limited FRL Shivanand Shankar Mankekar 201412 4100000 1.72 46.39
Galaxy Entertainment Corporation 506186 Shivanand Shankar Mankekar 201412 297302 1.9 1.21
HCL Infosystems Limited HCL-INSYS Kedar Shivanand Mankekar 201412 2230000 1 11.06
HCL Infosystems Limited HCL-INSYS Laxmi Shivanand Mankekar 201412 2230000 1 11.06
Jain Irrigation Systems Limited JISLJALEQS Shivanand Shankar Mankekar 201412 8260000 1.86 55.22
Lakshmi Vilas Bank Limited LAKSHVILAS KEDAR SHIVANAND MANKEKAR 201412 3780000 2.11 34.3
Multi Commodity Exchange Limited MCX SHIVANAND Shankar MANKEKAR 201412 650000 1.27 55.25
Shasun Pharmaceuticals Limited SHASUNPHAR SHIVANAND SHANKAR MANKEKAR 201412 2758538 4.59 80.3
SKS Microfinance Limited SKSMICRO SHIVANAND SHANKAR MANKEKAR 201412 1300000 1.03 57.49
Strides Arcolab Limited STAR Kedar Shivanand Mankekar 201412 745692 1.25 69.46
Strides Arcolab Limited STAR Laxmi Shivanand Mankekar 201412 1306678 2.19 121.72
Strides Arcolab Limited STAR Shivanand Shankar Mankekar 201412 885277 1.49 82.47
Talwalkars Better Value Fitness Limited TALWALKARS Laxmi Shivanand Mankekar and Kedar Shivanand Mankekar 201412 1573520 6.01 57.3

Portfolio of Merrill Lynch in India

This post is in continuation of my coat tailing series (see here)

To know what other top investors areĀ  buying/holding/selling in India, subscribe to our Investor Wisdom Newsletter

Merrill Lynch is a well known FII

Its significant holdings in India as on 30 June,2014 as per Stock Exchanges is given below:

Symbol Entity # of Shares % Date End
ABAN MERRILL LYNCH CAPITAL MARKETS ESPANA 814965 1.87 201406
ANANTRAJ MERRILL LYNCH CAPITAL MARKETS ESPANA S.A.S.V. 5264100 1.78 201406
ASTRAZEN Merrill Lynch Capital Markets Espana S.A.S.V 403857 1.62 201406
BALRAMCHIN Merrill Lynch Capital Markets Espana S.A. S.V. 3246943 1.33 201406
CESC MERRILL LYNCH CAPITAL MARKETS ESPANA SA 1281147 1.03 201406
DONEAR Merrill Lynch Capital Markets ESPANA S. A. S.V. 3965000 7.63 201406
FINANTECH Merrill Lynch Capital Markets Espana S.A.S.V. 713479 1.55 201406
GANESHHOUC MERRILL LYNCH CAPITAL MARKETS ESPANA S.A.S.V 579213 1.77 201406
GEMINI MERRILL LYNCH INTERNATIONAL 19746885 15.94 201406
GILLETTE MERRILL LYNCH CAPITAL MARKETS ESPANA S.A. S.V. 688000 2.11 201406
GLENMARK Merrill Lynch Capitakl Markets Espana S.A. S.V. 3299384 1.22 201406
IIFL MERRILL LYNCH CAPITAL MARKETS ESPANA S.A. S.V. 9597606 3.19 201406
INFRATEL Merrill Lynch Capital Markets Espana S.A. S.V. 25811959 1.37 201406
JUBLFOOD MERRILL LYNCH CAPITAL MARKETS ESPANA S.A. S.V 1856220 2.84 201406
MASTEK MERRILL LYNCH CAPITAL MARKETS ESPANA S.A.S.V. 312668 1.41 201406
MCDOWELL-N Merrill Lynch Capital Markets Espana S.A.S.V 2169471 1.49 201406
MCLEODRUSS Merrill Lynch Capital Markets ESPANA S.A. S.V. 2935574 2.68 201406
PHOENIXLTD Merrill Lynch Capital Markets Espana S.A. S.V. 2311250 1.6 201406
PVR Merrill Lynch Capital Markets Espana S.A. S.V. 454151 1.1 201406
SKSMICRO MERRILL LYNCH CAPITAL MARKETS ESPANA S.A. S.V. 4851312 3.85 201406
SRTRANSFIN Merrill lynch Capital Markets Espana s.a. S.v. 2872750 1.27 201406
SUBEX MERRILL LYNCH CAPITAL MARKETS ESPAN 10192621 6.12 201406
TATAMTRDVR Merrill Lynch Capital Markets Espana S.A. S.V. 15139005 3.14 201406
UPL MERRILL LYNCH CAPITAL MARKETS ESPANA S A 5187026 1.21 201406
VENUSREM MERRILL LYNCH CAPITAL MARKETS ESPA 414136 3.62 201406
WOCKPHARMA MERRILL LYNCH CAPITAL MARKETS ESPANA S.A.S.V 1195629 1.09 201406

5 top F&O losers in March 2013

This post is in continuation with my 5 Stocks series (see here)

5 of the worst performing F&O losers in March expiry (28 Feb, 2013-28 March, 2013) are given below:

Symbol Close on 28 Feb 2013 Close on 28 March 2013 Loss
NHPC 27.05 19.85 -26.62%
IVRCLINFRA 25.6 19.25 -24.80%
HDIL 60.35 46.2 -23.45%
RELINFRA 419 324.45 -22.57%
FINANTECH 843.95 712.6 -15.56%

Does tracking insider buying and selling work in India?

In theory, insider buying or selling is supposed to be a great indicator of future stock performance.

But I wonder if it works in India.In India, insiders (aka ordinary employees) are usually the last to know anything !!

Some real life anecdotes to illustrate my point:

1.Some friends worked in Financial Technologies when all it made was Odin Software.They got stock options in the 20/30 Rs range.As soon as the stock hit 100, almost all the employees sold their shares…thinking yeh sau se upar thodi jayega.Within a year or so, FinanTech crossed into 4 figures or more !

2.Another friend worked in WNS.He had a ton of stock options.WNS listed handsomely and once the lockin period was over, he had an opportunity to sell at 40$/share.He held on as he read a research report (!) which said that WNS would be the Infosys of the BPO sector.He got out a few years later around 9$/share

3.This is an example of classy inaction.eClerx provides KPO services to clients such as Lehman,MS etc.In the financial crisis of 2008, the stock was hammered out of shape and reached sub 100 levels.No one,not the employees nor the promoters bought their own stock in their own company which they know so well.Around 2 years later, the stock crossed 700 Rs !

These examples suggest tracking insider buying/selling in India is probably a huge waste of time.You are better off doing your own research and following your own processes.