Soros Goes Two-for-Three On Biggest Losers of the Day


Today’s daily gainers are Federal-Mogul Corp (NASDAQ:FDML), Canadian Pacific Railway Limited (NYSE:CP), Alpha Natural Resources, Inc. (NYSE:ANR) and daily losers are STMicroelectronics N.V. (NYSE:STM), International Tower Hill Mines Ltd. (NYSEMKT:THM), Unwired Planet, Inc. (NASDAQ:UPIP).

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Soros Goes Two-for-Three On Biggest Losers of the Day

Federal-Mogul is today’s top performing stock

Federal-Mogul Corp (NASDAQ:FDML), a supplier of various components, accessories, and systems in the United States and internationally, surged +17.84% today to reach $18.43 on the heels of the announcement of higher-than-expected earnings. With 76.6 million shares, FDML represents 3.64% of Carl Icahn’s portfolio. The billionaire has gained 34.59% in this position, having paid an average price of $13.75 per share.

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TurkeyThe Talas Turkey Value Fund returned 9.5% net for the first quarter on a concentrated portfolio in which 93% of its capital is invested in 14 holdings. The MSCI Turkey Index returned 13.1% for the first quarter, while the MSCI All-Country ex-USA was down 5.4%. Background of the Talas Turkey Value Fund Since its inception Read More

Canadian Pacific Railway Limited (NYSE:CP), a transcontinental railway providing freight transportation services, also experienced a major gain today. The stock climbed +7.95% to $141.37 following a report of increased year-on-year profits. This comes as good news for many of our iBillionaire players. Bill Ackman holds 24.1 million CP shares, representing 26.78% of his holdings. The shareholder paid an average price of $52.83 per share. Richard Chilton holds 82,000 shares (0.27% of his fund), acquired at an average price of $127.63 last quarter. And investor Steve Mandel has 161,000 shares (0.10% of his fund), purchased at $92.83 each.

Last up is coal mining company Alpha Natural Resources, Inc. (NYSE:ANR), which rose +7.10% to $6.49. Billionaire John Paulson reaped the benefits of this one, as he holds four million shares, representing 0.15% of his fund. Note, however, that the investor paid an average price of $8.10 for this stock, meaning an overall -19.89% loss.

Daily Losers take Soros down

Tech company STMicroelectronics N.V. (NYSE:STM) plunged -8.52% today, hitting $7.95. Billionaire George Soros bought 1.6 million shares at an average price of $7.95 last quarter, the position representing 0.17% of his portfolio.

Gold mining firm International Tower Hill Mines Ltd. (NYSEMKT:THM) suffered a pretty big dip as well, down -7.32% and now trading at $0.38. John Paulson holds 17.8 million THM shares, which represent 0.07% of his holdings. The billionaire paid an average price of $2.78 per share.

The last firm on our daily loser list is Unwired Planet Inc (NASDAQ:UPIP), another tech company. Its stock price fell to $1.74 today (a -6.95% decline). George Soros is the only billionaire tracked by iBillionaire with a position in UPIP. Soros holds six million shares (0.13% of his portfolio), acquired at an average price of $2.63.

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