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 (NYSE: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 »