Jana Partners Buy Priceline.com, AIG and Aetna; Sell AOL

The third quarter 13F filing from Jana partners shows that the hedge fund purchased shares in 14 new stocks and increased its position in eight others. It also sold out of 13 stocks and reduced its position in 12 stocks.

Jana Partners Buy Priceline.com, AIG and Aetna; Sell AOL

Currently the five largest stocks are,  Agrium Inc. (USA) (NYSE:AGU), Liberty Media Corp (NASDAQ:LMCA), Coca-Cola Enterprises Inc (NYSE:CCE), The McGraw-Hill Companies, Inc. (NYSE:MHP) and Coventry Health Care, Inc. (NYSE:CVH).

Relying On Old-Fashioned Stock Picking, Lee Ainslie Reports His “Strongest Quarter” Ever

Lee Ainslie's Maverick Fund USA enjoyed its "strongest quarter in the fund's history" during the three months to the end of June. According to a copy of the firm's second-quarter letter to investors, which ValueWalk has been able to review, Maverick Fund USA gained 18% in the second quarter. Following this performance, the fund was Read More

Adds And Increases

Jana Partners’ new purchases for the third quarter include Priceline.com Inc (NASDAQ:PCLN), Pentair, Ltd. Registered Share (NYSE:PNR), Dollar General Corp (NYSE:DG) and Michael Kors Holdings Ltd (NYSE:KORS).

The firm increased its holdings in Aetna (NYSE:AET) and American International Group, Inc. (NYSE:AIG).

Sell-Offs And Reductions

Jana Partners sold all of its shares of AOL, Inc. (NYSE:AOL), Energizer Holdings, Inc. (NYSE:ENR) and Phillips 66 (NYSE:PSX).

The firm reduced its holdings in Kinder Morgan Inc (NYSE:KMI), Netflix, Inc. (NASDAQ:NFLX) and Barnes & Noble, Inc. (NYSE:BKS).