John Griffin Dumps Netflix, JPMorgan, GM and Citigroup

0
John Griffin Dumps Netflix, JPMorgan, GM and Citigroup
By General Electric Company (w:File:General_Electric_logo.svg) [Public domain], via Wikimedia Commons

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.

John Griffin Dumps Netflix, JPMorgan, GM and Citigroup

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).

This AI-Powered Emerging Hedge Fund Manager Is Blazing A New Path

Artificial IntelligenceInvestment strategies used by hedge funds have evolved over the years, although the biggest changes have come in the use of computers to develop portfolios. Rosetta Analytics is a woman-founded and woman-led CTA that's pioneering the use of artificial intelligence and deep reinforcement learning to build and manage alternative investment strategies for institutional and private 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).

Buys

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).

Reductions

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.

No posts to display