Eton Park's Eric Mindich
is averaging a 12-month return of 30.64%, according to the GuruFocus Scoreboard
. The multi-strategy hedge fund Eton Park Capital Management LP has an updated portfolio of 39 stocks, nine of them new, a total value at $4.5 billion, with a quarter-over-quarter turnover of 17%. The portfolio is weighted with top three sectors: consumer cyclical at 24.8%, communication services at 19.4% and consumer defensive at 16.1%.
Here are four high-impact sells made by Eric Mindich
in the third quarter of 2013, starting with his major impact sell out of Nielsen Holdings NV (NLSN
), recently completing its acquisition of Arbitron. The company reported third quarter 2013 financial results with revenue of $1.38 billion, up 2.7%. Nielsen’s adjusted EBITDA increased by 4.2% for the quarter, at $398 million. Up 52.3% for the third quarter of 2013, the company’s income from continuing operations was $131 million. Adjusted net income was reported at $193 million or $0.50 per share, reflecting an increase of 17%. Continue Reading »