Toscafund is now known largely for its super bullish view of UK economy. The opinion is not applicable to the rest of Europe, rather the managers of Toscafund believe that UK is in a great shape to cash in to the demand that the troubled eurozone cannot fulfill. The fund’s investments have paid off handsomely so far, the returns were up 2.35 percent in April which brought the YTD gain to 10.4 percent. Recently...
Read More »
FactSet in its recent report revealed the 50 largest hedge funds increased their equity exposure by over 5 percent in the first quarter of 2013. This data fits in with much of what we have reported recently. They also mention the favorite stock picks of some of the larger funds. FactSet Research Systems Inc. (NYSE:FDS) is engaged in combining integrated financial information, analytical applications and client service to enhance the workflow and productivity of...
Read More »
The number of poor people living in suburban areas in the United Stated is increasing rapidly compared with the population of impoverished people living in the cities, according to a recent study released by Brookings Institution. Researchers found that the number of people living in the suburban areas in the country surged by 67 percent from 2000 to 2011 as poverty increased across the United States over the past decade. The book, entitled Confronting...
Read More »
J.C. Penney Company, Inc. (NYSE:JCP) 1Q13 EPS Review. The stock is only down 3% this morning to $18.20 a share on news that the company did not report even worse earnings. The stock is up about 25% since the new CEO Mike Ullman came in. Analysts at Citigroup have upgraded the stock from $15 to $20 a share based on new and higher estimates for 2015 EBITDA. Below is a summary of the report from...
Read More »
The latest 13F filing of York Capital Management Global Advisors, the investment management firm founded by James Dinan showed that it bought 36 new stocks, increased its stake in 12 companies, reduced its position in 28 stocks, and sold out its position in 35 stocks. Its top ten holdings account 43.67 percent of its portfolio. Some of its largest positions during the quarter include H.J. Heinz Company (NYSE:HNZ), Realogy Holdings Corp (NYSE:RLGY), American International...
Read More »
Billionaire investor, George Soros’ latest 13F filing with the Securities and Exchange Commission (SEC) showed that market value of his hedge fund was $8,560, 747, 477 for the first quarter of 2013. New Stockholdings During the period, Soros Fund Management’s purchased 88 new equities and some of its significant stock acquisitions include Brocade Communications Systems, Inc. (NASDAQ:BRCD), BMC Software, Inc. (NASDAQ:BMC), MeadWestvaco Corp. (NYSE:MWV), Red Hat Inc (NYSE:RHT), and Akamai Technologies, Inc. (NASDAQ:AKAM). Soros...
Read More »
Alden Global Capital’s latest 13F filing with the Securities and Exchange Commission indicates that is portfolio was worth $5.8 billion at the end of March. The firm purchased seven new stocks, including Zynga Inc (NASDAQ:ZNGA) and Dell Inc (NASDAQ:DELL), during the first quarter and increased its holdings in two others. It also sold out of four stocks and reduced its holdings in seven others. At the end of the first quarter, the firm’s top...
Read More »
Maverick Capital’s portfolio was worth $7.7 billion, according to its latest 13F filing with the Securities and Exchange Commission. During the first quarter of the year, the firm bought 19 new stocks and increased its stake in 19 others. It also sold out of 20 stocks and reduced its holdings in 17 others. The fund’s top 10 holdings make up just under 36 percent of its portfolio. As of the end of March, the...
Read More »
Unlike most other funds reporting their 13F filings today, Jim Chanos’ Kynikos Associates actually bought shares of Apple Inc. (NASDAQ:AAPL) during the first quarter of the year. In all, the firm only bought three new stocks during the first quarter. It increased its stake in seven others, sold out of four stocks and cut its holdings in 10 others. The firm’s top five stocks at the end of March were iShares FTSE / Xinhua...
Read More »
Leon G. Cooperman’s Omega Advisors has a portfolio that was worth $6.46 billion at the end of March, according to the firm’s latest 13F filing with the Securities and Exchange Commission. During the first quarter of the year, the firm bought 20 new stocks and increased its position in 30 others. It also exited 15 stocks and reduced its position in 11 others. The firm’s top 10 holdings make up for 38 percent of...
Read More »
Moore Capital Management has filed its 13 F form with the SEC for the period ending March 31 2013. The investment firm showed that the equities it holds long under management increased from $3,892,100,970 to $6,193,598,980 in the first three months of the year, a phenomenal increase of more than 59 percent. Moore Capital Changes In Stock Holdings The company changed several of its holdings in the financial sector during the first three months...
Read More »
