Large cap stocks refer to companies that are worth at least $10 billion in market capitalization. These companies are typically very stable and include some of the most well-known companies in the world. Below, we highlight some of the best performing large cap mutual funds of 2014. *All Data as of Nov. 30.
Catalyst Dynamic Alpha (CPEAX)
This fund was launched in 2011 and is managed by Cory S. Krebs and Bruce W. Miller. The fund is well balanced across industries – with the majority of its holdings in the industrials, healthcare and financial services sectors. The fund has $58 million in assets under management (
AUM). In 2014, this fund has risen 11%.
Largest Holdings
| Symbol |
Company |
Portfolio Weight |
YTD Performance |
|
LUV
|
Southwest Airlines
|
6.46%
|
+116%
|
|
SWKS
|
Skyworks Solutions
|
4.88%
|
+153%
|
|
GBX
|
Greenbrier Companies
|
4.81%
|
+50%
|
Southwest Airlines (LUV) – Southwest Airlines shares have doubled in 2014 as the company benefited from lower energy prices. This year,
air transportation jumped.
Skyworks Solutions (SWKS) – Semiconductor company Skyworks Solutions jumped over 150% in 2014. This company works directly with Apple (AAPL), which it has benefited greatly from.
Greenbrier Companies (GBX) – GBX is a railroad freight car equipment. The stock rose 50% in 2014, but is well off its previously yearly highs.
VALIC Company I Nasdaq-100 Index Fund (VCNIX)
This fund was launched in 2000 and is managed by multiple managers. The fund currently has $309 million in assets under management. This fund tracks the
NASDAQ 100 index and is compiled primarily of technology stocks. The fund is up 18%
YTD.
Largest Holdings
| Symbol |
Company |
Portfolio Weight |
YTD Performance |
|
AAPL
|
Apple
|
13.41%
|
+40%
|
|
MSFT
|
Microsoft
|
8.02%
|
+28%
|
|
GOOG
|
Google
|
3.92%
|
-8%
|
Apple (AAPL) – Apple saw an upside in 2014 due to excitement over the record-breaking iPhone sales and the upcoming release of the iWatch.
Microsoft (MSFT) – Microsoft saw an upside in 2014 due to brand strength, share buybacks and dividend increases.
Google (GOOG) – In 2014, Google had a consolidation year after outperforming over the last few years.
Glenmede Large Cap Growth (GTLLX)
This fund is well balanced among industries. It currently holds about $811 million in assets under management (
AUM). The fund was launched in 2004 and is managed by Paul T. Sullivan and Vladimir de Vassal. The fund is up 17%
YTD.
Largest Holdings
| Symbol |
Company |
Portfolio Weight |
YTD Performance |
|
AMGN
|
Amgen
|
2.09%
|
+45%
|
|
SWKS
|
Skyworks Solutions
|
2.03%
|
+160%
|
|
AVY
|
Avery Dennison
|
1.99%
|
+3%
|
Amgen (AMGN) – Amgen joined the bull run of the biotech industry in 2014 – surging over 40%.
Skyworks Solutions (SWKS) – Semiconductor company Skyworks Solutions jumped over 150% in 2014. This company works directly with Apple (AAPL), which it has benefited greatly from. .
Avery Dennison (AVY) – After a somewhat violate year, AVY is essentially flat from a year ago.
The Bottom Line
The funds above were a part of the best performing mutual funds so far in 2014. For a complete list,
click here.
