Tiger cub John Griffin’s Blue Ridge Capital filed 13f with the SEC today. The total assets of the long portfolio are now up from $6.35 billion in 3Q2012 to $7.1 billion in Q4, here is the breakup;
Many well-known hedge fund managers are also philanthropists, and many of them have their own foundations. Seth Klarman of Baupost is one of those with his own foundation, and he invested in a handful of hedge funds through his foundation. This list of Klarman's favorite hedge funds is based on the Klarman Family Foundation's 990 Read More
Blue Ridge’s largest holdings are in Google Inc (NASDAQ:GOOG), American International Group, Inc. (NYSE:AIG), Priceline.com Inc (NASDAQ:PCLN), Thermo Fisher Scientific Inc. (NYSE:TMO) and Gilead Sciences, Inc. (NASDAQ:GILD). Slight increases to its holdings in Google Inc (NASDAQ:GOOG) and Gilead Sciences was made last quarter, while the rest were kept steady.
In Q3, Apple Inc. (NASDAQ:AAPL) and Amazon.com, Inc. (NASDAQ:AMZN) were the top two positions, both positions were reduced by 30 and 20 percent respectively. Blue Ridge now holds 1 million shares of Amazon and 530,000 shares of Apple.
Blue Ridge initiated new positions in Grupo Financero Sntdr Mxco SAB de CV ADR (NYSE:BSMX), Realogy Holdings Corp (NYSE:RLGY), Virgin Media Inc. (NASDAQ:VMED), IHS Inc. (NYSE:IHS) and Sally Beauty Holdings, Inc. (NYSE:SBH). Other than these, the firm also initiated a major position in Workday Inc (NYSE:WDAY), like we reported earlier, which is worth 6.8 percent of the company. Blue Ridge also picked up Molycorp Inc (NYSE:MCP) in Q4.
John Griffin exited positions in Tripadvisor Inc (NASDAQ:TRIP), Ivanhoe Energy Inc. (NASDAQ:IVAN) and Martin Marietta Materials, Inc. (NYSE:MLM). Tripadvisor Inc (NASDAQ:TRIP) was a profitable position of another Tiger cub, Marble Arch Investments. We expect Blue Ridge to have made a profit on this holding as well.
Blue Ridge added more shares to its existing stake in Time Warner Inc. (NYSE:TWX), Equinix Inc (NASDAQ:EQIX), Dollar Tree, Inc. (NASDAQ:DLTR) and W.R. Grace & Co. (NYSE:GRA).