Home Stocks Berkowitz Takes a Hit with Lampert’s Sears Sell-Off

Berkowitz Takes a Hit with Lampert’s Sears Sell-Off

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Today’s midday gainers are Textura Corp (NYSE:TXTR), CF Industries Holdings, Inc. (NYSE:CF), International Tower Hill Mines Ltd. (NYSEMKT:THM) and midday losers are Turquoise Hill Resources Ltd (NYSE:TRQ), Sears Holdings Corp (NASDAQ:SHLD), Teradata Corporation (NYSE:TDC).

Textura is today’s top performing stock

Today’s top midday gainer is Textura Corp (NYSE:TXTR). The tech stock increased +10.12% to $34.31. Last quarter, George Soros picked up 26,000 shares (0.01% of his fund) for $34.80 each.

CF Industries Holdings, Inc. (NYSE:CF) had a solid day as well. The stock shot up +9.61% to $233.61 after the fertilizer maker announce it may return more cash to shareholders. This was a nice piece of news for many of our billionaires. Daniel Loeb holds 870,000 shares (4.58% of his fund), acquired at an average $183.35. George Soros owns 362,000 shares (0.83% of his portfolio), bought for $191.29. And Richard Chilton holds 111,000 assets, representing 0.65% of his holdings.

The last stock in our midday gainers list is International Tower Hill Mines Ltd. (NYSEMKT:THM). The gold mining company experienced an increase +8.14%, hitting $0.40. John Paulson holds 8.9 million shares, which compose 0.02% of his portfolio. The billionaire paid an average price of $4.77 per asset.

Bruce Berkowitz takes a hit with Sears sell-off

Turquoise Hill Resources Ltd. (NYSE:TRQ) experienced a big dip today, falling -23.52% to 3.35. Billionaire George Soros holds 3.9 million shares of the mining company, representing 0.19% of his fund. The investor paid an average price of $8.40. Ray Dalio holds 126,000 shares, purchased for $6.76.

Sears Holdings Corp (NASDAQ:SHLD) is the second company in our midday losers list. The retailer dropped -8.24% to $50.60 when Edward Lampert sold off a big portion of his assets. Lampert now has a 48.4% stake of SHLD after selling 7.4 million shares. Bruce Berkowitz holds 20.7 million shares (14.67% of his fund), bought at an average price of $59.98.

Tech company Teradata Corporation (NYSE:TDC) fell  -6.90%, hitting $42.33, after being downgraded to “underweight” by Morgan Stanley. As of September, George Soros holds 111,000 shares (0.07% of his fund), bought at $55.64.

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