Q3 Earnings Continue To Be Mixed Bag For Hedge Funds

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Today’s daily gainers are DexCom, Inc. (NASDAQ:DXCM), Tempur Sealy International Inc (NYSE:TPX), Foster Wheeler AG (NASDAQ:FWLT) and daily losers are Matson, Inc. (NYSE:MATX), WPX Energy Inc (NYSE:WPX), Calumet Specialty Products Partners, L.P (NASDAQ:CLMT).

Dexcom Q3

DexCom wins today with solid Q3 performance

Medical device company DexCom, Inc. (NASDAQ:DXCM) is today’s top gainer, surging +21.16% today to reach $33.01 thanks to a solid Q3 performance. Billionaire George Soros holds 100,000 shares (0.02% of his fund), purchased at an average $15.32 each.

Tempur Sealy International Inc (NYSE:TPX) is up +16.08% ($46.56) after reporting a strong Q3 performance at market close yesterday. As of June, Jorge Lemann holds 526,000 shares, representing 3.02% of his fund. The billionaire paid an average price of $44.77

Last up is Foster Wheeler AG (NASDAQ:FWLT). The construction company increased +9.22% to $29.56 today. Billionaire David Tepper holds 1.5 million shares (0.48% of his fund), acquired for $22.59 each.

Daily Losers

Topping off our list of daily losers today is Matson, Inc. (NYSE:MATX), an ocean freight carrier operator in the Pacific. After presenting a rather disappoint Q3 earnings report, the stock dipped -11.63% to $23.83. Billionaire Bill Ackman holds 203,000 shares, representing 0.05% of his fund. The investor has paid an average price of $19.32 per asset.

The second firm with a major loss is WPX Energy Inc (NYSE:WPX). The energy company dropped -10.73% to $19.13 – again the result of a tough third quarter. David Einhorn bought 2.6 million shares for $17.68 last quarter, the position representing 0.94% of his portfolio. Leon Cooperman is a WPX stakeholder as well. The billionaire owns 2.1 million shares (0.06% of his fund), purchased for $16.55.

Third is Calumet Specialty Products Partners, L.P (NASDAQ:CLMT), also an energy company with a bad Q3. Calumet’s stock fell -9.77%, hitting $25.59. Billionaire David Tepper holds 437,000 shares (0.23% of his fund), acquired for $17.24 each.

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