Wilbur Ross Bets Big on Navigator Holdings in Q4

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On February 14th, Invesco Private Capital manager Wilbur Ross reported his latest 13F filing to the SEC. The billionaire revealed 10 equity positions, valued at $1.5 billion.

Wilbur Ross’ New Acquisitions

During Q1, Ross added just one new position to his portfolio: Navigator Holdings Ltd (NYSE:NVGS).

Through its subsidiary companies, NVGS owns ships used to transport liquefied petroleum and petrochemical gas. Last quarter, Ross initiated a 23.2-million-share position in the firm, which now composes 41.77% of his portfolio. Thomas Steyer also has a position in the company.

Wilbur Ross’ Increased Positions

Wilbur Ross did not increase any of his positions during Q4.

Wilbur Ross’ Decreased Positions

BankUnited (NYSE:BKU) remains one of Wilbur Ross’ biggest holdings, even though he sold off 2.5 million shares, reducing his position by -32%. The transactions took place at prices between $30.65 and $33.22. Ross first purchased BKU in March 2011 and started selling off his shares in 2013.

The investor also unloaded 38,000 shares of digital and fiber optic systems manufacturer Harmonic Inc (NASDAQ:HLIT). The company now composes 0.22% of his portfolio.

Wilbur Ross’ Sold Out Positions

During Q4, Ross cashed out of Callidus Software Inc. (NASDAQ:CALD). The billionaire sold off all of his 1.1 million assets at prices between $8.60 and $13.35.

See how Wilbur Ross’ entire portfolio shakes out:

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About the Author

iBillionaire provides access to the investment data and strategies of the world's most successful self-made billionaires. Mobile app available for iOS and Android. Maker of the iBillionaire Index (IBLN). More at www.iBillionaire.me.

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