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Hedge Fund Trade of the Week: Broadridge Financial

Where’s the fast money finding opportunity? In this regular feature Anthony Scaramucci aka The Hedge reveals his latest greatest pick!

This week’s trade is Broadridge Financial, a provider of technology solutions to the financial services industry. Its systems and services include investor communication solutions, and securities processing and operations outsourcing solutions

Check out some of the company’s stats:

Broadridge Financial (BR)
Sector: Financial
Industry: Financial Services
Based in Lake Success, NY
Market Cap: $2.6 billion
52-week high: $24.02
52-week low: $18.51

Scaramucci selected this stock as his hedge fund trade of the week as a value play.

”It’s a cheap stock with a 2.7% dividend yield,” he says, with value hedgies such as Omega and Greenlight in this name.

But this trade is pegged to more than an attractive price; according to Scaramucci, Broadridge doesn’t have a lot of rivals. He tells the desk, “The company has a near-monopoly in the proxy business and in the facilitation of what companies need to do to get shareholder votes done."

As a result he speculates that, “someone will realize their value, either management or private equity.”

In other words he also sees this stock as a bet on a buy back or a takeout.

Click here to check out other Hedge Fund Trade Of The Week posts

* Anthony Scaramucci runs SkyBridge Capital, a leading alternative asset manager with more than $7 billion under management. Every week on Fast Money, Scaramucci, aka 'The Hedge', takes you behind the hedges, giving you an unprecedented look at the names getting the most chatter amongst the hedge fund community.



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Trader disclosure: On Dec. 22, 2010, following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Karen Finerman owns (AAPL), (GOOG), (JPM) and (MSFT). Stephen Weiss owns (DVN), (FAS), (QCOM), (TBT), (VZ), (AKS), (SWC), (COP), (HK) and (NFLX) puts. Tim Seymour owns (AAPL), (BAC) and (F).

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BRIAN KELLY
Accounts Managed By Kanundrum Capital Own (BBT)
Accounts Managed By Kanundrum Capital Own (DE)
Accounts Managed By Kanundrum Capital Own (FCX)
Accounts Managed By Kanundrum Capital Own (GLD)
Accounts Managed By Kanundrum Capital Own (JPM)
Accounts Managed By Kanundrum Capital Own (MCP)
Accounts Managed By Kanundrum Capital Own (SPY)
Accounts Managed By Kanundrum Capital Own (SLV)
Accounts Managed By Kanundrum Capital Own (WFC)
Accounts Managed By Kanundrum Capital Own USD
Accounts Managed By Kanundrum Capital Own Australian Dollar
Accounts Managed By Kanundrum Capital Own (XLE)
Accounts Managed By Kanundrum Capital Own (QCOM)
Accounts Managed By Kanundrum Capital Own (VIX ) calls

KAREN FINERMAN
Finerman's firm is short (IJR)
Finerman's firm is short (MDY)
Finerman's firm is short (SPY)
Finerman's firm is short (IWM)
Finerman's firm is long S&P puts
Finerman's firm is long Russell 2000 puts
Finerman's firm owns (GLW)
Finerman's firm owns (JPM) and (JPM) leaps
Finerman's firm owns (MSFT)

ANTHONY SCARAMUCCI
Scaramucci and Skybridge Capital own (BR)
Scaramucci and Skybridge Capital are long USD
Scaramucci and Skybridge Capital own (AAPL)
Scaramucci and Skybridge Capital own (C)
Scaramucci and Skybridge Capital (EBAY)
Scaramucci and Skybridge Capital (GOOG)

BARRY RITHOLTZ
FusionIQ Owns (EWJ)

ED GROSHANS
Disclosures pending

BRIAN NAGEL
Nagel has no disclosures

DENNIS GARTMAN
Funds Managed By Dennis Gartman are long crude

MIKE KHOUW
Cantor Fitzgerald & Co. is a market maker in (AAPL)
Cantor Fitzgerald & Co. is a market maker in (AKAM)
Cantor Fitzgerald & Co. is a market maker in (AMD)
Cantor Fitzgerald & Co. is a market maker in (AMGN)
Cantor Fitzgerald & Co. is a market maker in (ARMH)
Cantor Fitzgerald & Co. is a market maker in (AMZN)
Cantor Fitzgerald & Co. is a market maker in (BBT)
Cantor Fitzgerald & Co. is a market maker in (BBBY)
Cantor Fitzgerald & Co. is a market maker in (BAC)
Cantor Fitzgerald & Co. is a market maker in (C)
Cantor Fitzgerald & Co. is a market maker in (CSCO)
Cantor Fitzgerald & Co. is a market maker in (DELL)
Cantor Fitzgerald & Co. is a market maker in (DYN)
Cantor Fitzgerald & Co. is a market maker in (EBAY)
Cantor Fitzgerald & Co. is a market maker in (F)
Cantor Fitzgerald & Co. is a market maker in (FCX)
Cantor Fitzgerald & Co. is a market maker in (GE)
Cantor Fitzgerald & Co. is a market maker in (GS)
Cantor Fitzgerald & Co. is a market maker in (GLW)
Cantor Fitzgerald & Co. is a market maker in (GOOG)
Cantor Fitzgerald & Co. is a market maker in (INTC)
Cantor Fitzgerald & Co. is a market maker in (IWM)
Cantor Fitzgerald & Co. is a market maker in (JPM)
Cantor Fitzgerald & Co. is a market maker in (LVS)
Cantor Fitzgerald & Co. is a market maker in (MCP)
Cantor Fitzgerald & Co. is a market maker in (MOT)
Cantor Fitzgerald & Co. is a market maker in (MSFT)
Cantor Fitzgerald & Co. is a market maker in (NFLX)
Cantor Fitzgerald & Co. is a market maker in (ORCL)
Cantor Fitzgerald & Co. is a market maker in (RF)
Cantor Fitzgerald & Co. is a market maker in (RIMM)
Cantor Fitzgerald & Co. is a market maker in (SPY)
Cantor Fitzgerald & Co. is a market maker in (SLV)
Cantor Fitzgerald & Co. is a market maker in (T)
Cantor Fitzgerald & Co. is a market maker in (TCB)
Cantor Fitzgerald & Co. is a market maker in (VZ)
Cantor Fitzgerald & Co. is a market maker in (WFC)
Cantor Fitzgerald & Co. is a market maker in (VZ)
Cantor Fitzgerald & Co. is a market maker in (YHOO)




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