Richard Perry is one of the hedge fund superstars. He co-founded Perry Capital in 1988, which has a record of generating positive returns in all years since then except for 2008. Perry is known as an event-driven investor. He looks for companies with restructuring opportunities such as spinoffs, or mergers and acquisitions.
Perry recently decided to hedge his long exposure by building a huge put position in Russell 2000 ETF. Here are the top 20 positions in Perry Capital’s 13F portfolio as of September 30, 2011:
| Company Name | Ticker | Value | Activity |
| ISHARES TRUST Put | (IWM) | 1038162 | New |
| IRON MOUNTAIN | (IRM) | 142448 | -29% |
| ANADARKO PETROLEUM | (APC) | 123578 | 145% |
| MOTOROLA MOB WI | (MMI) | 104380 | New |
| BP PLC Call | (BP) | 90175 | New |
| YAHOO INC Call | (YHOO) | 84683 | 12% |
| ISHARES TRUST Call | (IWM) | 82304 | New |
| BP PLC | (BP) | 82095 | New |
| UNIVERSAL AMERICAN SPIN | (UAM) | 77404 | 0% |
| YAHOO INC | (YHOO) | 67167 | -59% |
| SOUTHERN UNION CO NEW | (SUG) | 61593 | 3% |
| ROYAL BANK SCOTLAND Cl 1 | (RBS) | 51263 | 7% |
| ROYAL BANK SCOTLAND Cl 2 | (RBS) | 44291 | 0% |
| ROYAL BANK SCOTLAND Cl 3 | (RBS) | 41446 | 13% |
| GENERAL MOTORS CO | (GM) | 40360 | -64% |
| JOHNSON & JOHNSON | (JNJ) | 33659 | 0% |
| ANADARKO PETROLEUM Call | (APC) | 31525 | New |
| ROYAL BANK SCOTLAND Cl 4 | (RBS) | 30076 | 0% |
| MEDCO HEALTH SOLUTIONS | (MHS) | 28017 | New |
| N. AMERICAN ENERGY PTNRS | (NOA) | 26763 | 0% |
Read full article here: http://seekingalpha.com/article/313338-hedge-fund-manager-richard-perry-s-top-stock-picks
