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).
Chris Hohn the founder and manager of TCI Fund Management was the star speaker at this year's London Value Investor Conference, which took place on May 19th. The investor has earned himself a reputation for being one of the world's most successful hedge fund managers over the past few decades. TCI, which stands for The Read More
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: