VR Logo

Action Trigger

Find out if the stock that you covet is a hit with fund managers

Want to invest in a stock, but would like to confirm if others have put their faith in it too? While it’s virtually impossible to look at all the portfolios to get the true picture, yet it’s not impossible. ValueResearchOnline has just the tool for you that indicates how many fund managers have bet on a particular company’s stock. This is the WOW tool — which is an acronym for Who Owns What. It will make your search extremely simple. Here’s how to employ it.

Step 1

Type in the company’s name, which, for example, we say is ‘Reliance’. The result will be 11 companies with the word ‘reliance’ in their name. Make your specific selection by clicking on the link, which we shall assume is Reliance Capital.

What gets displayed

All schemes investing in Reliance Capital along with the percentage to net assets, the amount invested and the date. The percentage to net assets tell you the weightage that stock has in the scheme’s portfolio. While the amount (Rs/crore) will tell you the exact amount invested. The date will indicate the latest portfolio disclosure. For instance, Kotak Opportunities has 1.75 per cent of its assets invested in Reliance Capital, amounting to Rs 19.28 crore. This is as per the disclosure of September 30, 2009.

Step 2

You saw the exposure schemes have to Reliance Capital. But now let’s say you want to view them in descending order, either in terms of percent or absolute amounts. For instance, LICMF Top 200 has a 8.25 per cent exposure, but the actual investment in the stock is just Rs 2.00 crore. While Kotak Opportunities has just 1.75 per cent of its portfolio allocated in the stock, the actual amount is Rs 19.28 crore.  Click on any of the headers ‘% Net Asset’ or ‘Amount Invested (Cr)’.

What gets displayed

A reshuffled list in descending order of exposure.

Step 3

What if you want to check debt exposure? Make your selection from ‘Equity’, ‘Long Term Debt’ and ‘Short Term Debt’, all of which are displayed on the top of the table. Let’s say you click on ‘Long Term Debt’.

What gets displayed

The relevant debt schemes. For instance, UTI Bond has an exposure of 7.06 per cent to Reliance Capital, amounting to Rs 25.38 crore. But, this is not an equity exposure. If you click on the scheme’s name and go to its portfolio, you will see that the exposure is to non-convertible debentures (NCDs).

It can’t get simpler than this.