Blue Ridge Capital is not waiting around to see how the curtain drops on Icahn vs Netflix, Inc. (NASDAQ:NFLX). The firm sold the 2.5 million shares it held in Netflix, Inc. (NASDAQ:NFLX) in the last quarter, as shown in the hedge fund’s 13 filing. John Griffin of Blue Ridge Capital is not the only one dumping Netflix, Inc. (NASDAQ:NFLX), Sands Capital also exited the position while JANA Partners reduced its holding in Netflix, Inc. (NASDAQ:NFLX) by almost 50 percent in the past quarter. On the other hand, Eddie Lampert of RBS Partners, Whitney Tilson of T2 partners and of course Carl Icahn bought new positions in the company.
Blue Ridge dumped its positions in JPMorgan Chase & Co. (NYSE:JPM), Citigroup Inc. (NYSE:C), General Motors Company (NYSE:GM) and TD Ameritrade Holding Corp. (NYSE:AMTD).
Coho Capital 2Q20 Commentary: Podcasts, The New Talk Radio
Coho Capital commentary for the second quarter ended June 30, 2020. Q2 2020 hedge fund letters, conferences and more Dear Partners, Coho Capital returned 46.6% during the first half of the year compared to a loss of 3.1% in the S&P 500. Many of our holdings, such as Netflix, Amazon, and Spotify, were perceived beneficiaries Read More
The top holdings of Blue Ridge are; Apple Inc. (NASDAQ:AAPL), Google Inc (NASDAQ:GOOG), Amazon.com, Inc. (NASDAQ:AMZN), Priceline.com Inc (NASDAQ:PCLN) and American International Group, Inc. (NYSE:AIG). The top five were kept steady except for some selling in Apple Inc. (NASDAQ:AAPL) and Amazon.com, Inc. (NASDAQ:AMZN).
Blue Ridge opened new positions in Equinix Inc (NASDAQ:EQIX), W.R Grace & Co. (NYSE:GRA), Time Warner Inc. (NYSE:TWX), The Walt Disney Company (NYSE:DIS) and BioMarin Pharmaceutical Inc. (NASDAQ:BMRN). Equinix Inc (NASDAQ:EQIX) is also owned by Hoplite Capital Management and Paulson & Co.
The firm increased its holdings in Polo Ralph Lauren Corp (NYSE:RL), United Continental Holdings Inc (NYSE:UAL), Owens Corning (NYSE:OC), Dollar Tree, Inc. (NASDAQ:DLTR), Delta Air Lines, Inc. (NYSE:DAL) and Colfax Corp (NYSE:CFX).
Blue Ridge reduced its holdings in HCA Holdings Inc (NYSE:HCA), TripAdvisor Inc (NASDAQ:TRIP), Tesla Motors Inc (NASDAQ:TSLA), Michael Kors Holdings Ltd (NYSE:KORS), Liberty Global Inc. (NASDAQ:LBTYA) and Ivanhoe Energy Inc. (NASDAQ:IVAN), among others.