Spiros Segalas (Trades, Portfolio) of Jennison Associates and the Harbor Capital Appreciation Fund acquired four new holdings in the fourth quarter. Among his new holdings for the final quarter of 2016 are FedEx Corp. (NYSE:FDX), Charter Communications Inc. (NASDAQ:CHTR), Ulta Salon Cosmetics & Fragrance Inc. (NASDAQ:ULTA) and Expedia Inc. (NASDAQ:EXPE).
Segalas is director, chief investment officer, president and founding member of Jennison Associates. The Harbor fund is subadvised by Jennison. Segalas, who has managed the fund since 1990, seeks long-term growth of capital. According to the fund's prospectus, it invests in midcap to large-cap growth stocks. Segalas looks for companies that have high revenue and earnings growth, improving profitability and strong balance sheets. Continue Reading »