John Griffin

Last Update: 02-14-2017

Number of Stocks: 48
Number of New Stocks: 3

Total Value: $7,934 Mil
Q/Q Turnover: 16%

Countries: USA
Details: Top Buys | Top Sales | Top Holdings  Embed:

John Griffin Watch

  • Seth Klarman Trims Cheniere Energy

    Seth Klarman (Trades, Portfolio), portfolio manager of The Baupost Group, trimmed 21.97% of his stake in Cheniere Energy Inc. (LNG) Jan. 9 likely due to a weak financial outlook. As of the transaction, Klarman owns 21,726,340 shares of the midstream energy company, about 9.25% of total shares outstanding.



  • Glenn Greenberg Gains 3 Positions in the 3rd Quarter

    Brave Warrior Advisors’ Glenn Greenberg (Trades, Portfolio) purchased three new holdings in the third quarter. They are HCA Holdings Inc. (NYSE:HCA), Sensata Technologies Holding NV (NYSE:ST) and LiLAC Group (NASDAQ:LILAK).

    Greenberg and John Shapiro founded Chieftain Capital Management in 1984. The firm was divided into two separate entities in 2010. Greenberg renamed Chieftain to Brave Warrior. Greenberg maintains a highly concentrated portfolio. He believes that the more companies you own, the less you know about each one. He believes this leads to mistakes. He generally invests in companies with little competition and emphasizes the return on invested capital.


  • Mason Hawkins Boosts Chesapeake, Buys Alphabet

    Mason Hawkins (Trades, Portfolio) has been chairman and CEO of Southeastern Asset Management since 1975. During the third quarter the guru’s largest trades were as follows:

    His stake in Chesapeake Energy Corp. (CHK) saw a strong increase of 260.26% with an impact of 4% on the portfolio.


  • John Griffin Gains 3 Positions in 3rd Quarter

    John Griffin (Trades, Portfolio), president of Blue Ridge Capital, previously worked with Julian Robertson (Trades, Portfolio) at Tiger Funds before founding Blue Ridge in 1996. The fund seeks absolute returns using a long/short equity approach that invests in companies with strong performance relative to their industry and shorts those with fundamental problems. Griffin usually takes long positions, a trend that continued during the third quarter of 2016. The guru took stakes in three companies and added to two others.

    Citigroup Inc. (NYSE:C)


  • Jana Partners Adds to Stake in HD Supply Holdings

    Jana Partners (Trades, Portfolio) increased its stake in HD Supply Holdings Inc. (NASDAQ:HDS), the indirect parent of Atlanta-based HD Supply, a North American industrial distributor, by more than 374% with the purchase of 11,193,730 shares on Oct. 17.

    Jana Partners (Trades, Portfolio) paid $31.98 per share in a deal that had a 5.77% impact on the guru’s portfolio.


  • John Griffin Sells Stake in Sirius XM Radio

    During the first quarter John Griffin (Trades, Portfolio) sold out his stake in Sirius XM Holdings Inc. (NASDAQ:SIRI).

    Sirius XM Radio provides and broadcasts commercial-free music, sports, news, talk, entertainment, traffic and weather channels in the U.S. for a subscription fee through its proprietary satellite radio systems. Sirius XM Radio has agreements with every major automaker to offer satellite radios in its vehicles according to its most recent 10-K filing. As of Dec. 31, 2015 Sirius XM Radio had approximately 29.6 million subscribers in the U.S. alone.


  • Richard Perry Trims Time Warner, AIG

    Richard Perry (Trades, Portfolio) co-founded private investment management firm Perry Capital LLC in 1988, which manages about $14 billion as of August 2008. The following are his largest deals during the first quarter:

    The investor exited his stake in Williams Companies Inc. (WMB) with an impact of -10.02% on the portfolio.


  • Lending Club CEO Resigns, Stock Sinks Amid Loan Discrepancies

    Lending Club (NYSE:LC), a peer-to-peer online lending company, has sunk 63% year to date and lost its CEO Renaud Laplanche, who resigned Monday after an internal investigation found sales of $22 million in near-prime loans to a single investor, contrary to the investor’s instructions.

    The New York Times reported that a Lending Club employee found the dates on $3 million of loan applications had been altered and alerted Laplanche, who then told an internal auditor. That investigation would also reveal discrepancies in the aforementioned $22 million of loans. The company also discovered Laplanche had failed to disclose a personal interest in an investment fund in which Lending Club was considering investing.


  • Top Insiders' Buys and Sales of the Week

    The All-in-One Screener can be used to find insider buys and sells over the last week by clicking on the Insiders tab and changing the settings for All Insider Buying to “$1,000,000+” and duration to "March 2016."

    According to the above filters, the following are recent buys and sells from company insiders in the past week.


  • John Griffin Increases His Stake in Autodesk

    Guru John Griffin (Trades, Portfolio) is the president of Blue Ridge Capital, an investment partnership that he founded in 1996. Prior to founding Blue Ridge Capital, Griffin was president of Tiger Management where he was able to learn and gain confidence in his investment ability under the guidance of legendary guru Julian Robertson (Trades, Portfolio). Griffin received his MBA from Stanford University Graduate School of Business and his BS in finance from the University of Virginia’s McIntire School of Commerce.

    In the fourth quarter of 2015, Griffin added 3.08 million shares of Autodesk Inc. (NASDAQ:ADSK) to his portfolio.


  • John Griffin Invests in Teva Pharmaceutical

    John Griffin (Trades, Portfolio), president of Blue Ridge Capital, made five new buys in the fourth quarter, three of which had impacts on his portfolio exceeding 1.5%.

    Griffin’s most significant fourth-quarter transaction was his purchase of a 4 million-share stake in Teva Pharmaceutical Industries Ltd. (NYSE:TEVA), an Israeli pharmaceutical company, for an average price of $61.94 per share. The deal had a 2.92% impact on Griffin’s portfolio.


  • David Einhorn's Gamble on P/Es That Are Relatively Low

    David Einhorn (Trades, Portfolio)'s Greenlight Capital disclosed an equity portfolio valued at some $6.03 billion as of the end of the third quarter. The equity portfolio is mainly invested in Technology (35%), Consumer Discretionary (21%) and Industrials (19%) stocks.

    His three largest positions are: Apple (NASDAQ:AAPL), General Motors (NYSE:GM) and Michael Kors (NYSE:KORS), representing 20.5%, 8.1% and 4.9%. The guru increased his position in the three stocks. In Apple, he increased his exposure by 53%, in General Motors by 12% and in Michael Kors by 95% as of the end of September.


  • John Griffin Buys Autodesk, Apple, Sells AIG, Fitbit

    John Griffin (Trades, Portfolio) is the president of Blue Ridge Capital, an investment partnership he founded in 1996. Blue Ridge seeks absolute returns by investing in companies that dominate their industries and shorting the companies that have fundamental problems.

    He manages a portfolio comprised of 48 stocks with total value of $8.688 billion, and the following are his largest trades during the third quarter.


  • John Griffin Buys Stake in Danaher Corp.

    John Griffin (Trades, Portfolio)’s Blue Ridge Capital pursues absolute returns in its investments based on fundamental analysis. In 2007, Griffin is said to have made $625 million following a 65% return on the fund.

    Griffin’s most significant transaction in the second quarter was his purchase of a 2,315,000-share stake in Danaher Corp. (NYSE:DHR), a Washington, D.C.-based conglomerate, for an average price of $85.21 per share. The deal had a 2.23% impact on Griffin’s portfolio.


  • John Griffin Takes Stake in Trendy Fitbit Inc.

    John Griffin (Trades, Portfolio)’s Blue Ridge Capital announced Tuesday that it has a stake in the maker of the wearable fitness tracker Fitbit Inc. (NYSE:FIT), as part of its going public on June 18.

    Griffin’s Fitbit position spans 3.5 million shares, or 8.32% of the company. Fitbit raised $841.2 million in its initial public offering and shares have shot up 28.8% since their debut, closing at $38.09 each on Tuesday.


  • John Griffin Sells Stakes in SanDisk, Yandex

    Before he founded Blue Ridge Capital in 1996, hedge fund manager John Griffin (Trades, Portfolio) was a protégé of Julian Robertson (Trades, Portfolio) and his Tiger Funds and, as such, is known as a “Tiger Cub.” In fact, Griffin is remembered as Robertson’s “right-hand man” from their days together at Tiger Funds.

    Griffin has said his investment philosophy comes down to this: He focuses on stocks that can produce a superior return over a three- to five-year period and shorts stocks that will underperform in one or two years.


  • Gurus Purchase Tekmira Pharmaceuticals in Q1

    About the company

    Tekmira Pharmaceuticals Corporation (TKMR) is a biopharmaceutical company dedicated to discovering, developing and commercializing a cure for patients suffering from chronic hepatitis B infection, a disease of the liver caused by hepatitis B virus (HBV). 


  • John Griffin's New Buys During Q1 2015

    John Griffin (Trades, Portfolio) is the president of Blue Ridge Capital, an investment partnership that he founded in 1996. Griffin was known as legendary investor Julian Robertson (Trades, Portfolio)'s right hand man. He and a few others are named as Tiger Cubs as they worked with Julian Robertson (Trades, Portfolio) at Tiger Funds. Griffin is an adjunct professor of finance at Columbia Business School and a visiting professor at the University of Virginia. He began his career as a financial analyst for Morgan Stanley Merchant Banking Group before moving on to Tiger Management, where he became president in 1993.

    Blue Ridge Capital, at the end of the first quarter of this year, was composed of 47 stocks with a total value of $8,773 million, and the following are the 5 new stocks he recently bought.


  • Weekly CEO Buys Highlight: APD, MDAS, PNNT, MDU, SRV

    According to GuruFocus Insider Data, these are the largest CEO buys during the past week. The overall trend of CEOs is illustrated in the chart below:

    Air Products & Chemicals Inc (NYSE:APD): Chairman, President and CEO Seifi Ghasemi bought 27,000 shares


  • Why Hedge Fund Titans Like Delta Airlines (DAL)

    With crude prices declining, many investors are getting interested in airline stocks. Delta Airlines (NYSE:DAL), in particular, has seen many big name investors like Daniel Loeb (Trades, Portfolio), Julian Robertson (Trades, Portfolio), John Griffin (Trades, Portfolio), Mario Gabelli (Trades, Portfolio), Ken Heebner (Trades, Portfolio) and Whitney Tilson (Trades, Portfolio), buying its shares last quarter. The company's stock price has gained ~300% since the beginning of 2013, but its relative valuation is still one of the lowest among all S&P Industrial companies (see graph below).

    Delta's Relative Valuation versus S&P industrials


  • Hertz: The Higher the Profits, the Larger the Debt

    Over the past few weeks I have been watching the developments of the car equipment and rental industry and one company I think is very interesting to analyze is Hertz Global Holdings Inc. (NYSE:HTZ). While there are many different factors to look at and consider when investing, in the article below I will look at the debt side of the company. I will analyze its total debt, total liabilities, debt ratios and what analyst and other top investors believe about this company. From this analysis we should get an idea of the company’s leverage and how much to expect in return for a long term investment.

    This company has been through its fair shares of ups and downs in the past, and despite growth never being a problem, shareholders are currently arguing over management’s future strategy. While the Dollar Thrifty acquisition helped earn the firm more pricing power, and location openings, as well as airline traffic growth added on to 2013’s top line growth, some concerns remain. On the one hand, Hertz is still trailing behind the privately held rival Avis, making shareholders uneasy. Also, the company’s equipment rental business is very capital intensive, requiring a lot of inventory, in addition to the large investments necessary in order to maintain the total 670,000 car fleet. So, while profits grow, debt levels do too, as the company must constantly reinvest its earnings.


  • A Far-Larger Hospital and a Far-Larger Stock Position

    On Dec.23, Larry Robbins added Tenet Healthcare Corp. (NYSE:THC). It was the third time he added the stock during this month, which makes me feel that he is betting in favor of a positive future for hospitals benefiting from the implementation of the health care reform.

    Acquisition of Nashville-Based Vanguard Health Systems


  • Blue Ridge Capital’s Portfolio Review - Lowest P/E Stocks

    John Griffin once gave investors the sage advice to build the ark on their sunny days. A legendary value-oriented investor, John Griffin is the president of Blue Ridge Capital, an investment partnership that he founded in 1996. Griffin is also the founder and trustee of Blue Ridge Foundation New York. Prior to founding Blue Ridge Capital, Guru Griffin was president of Tiger Management, and a protégé of Tiger Management’s Julian Robertson. Early on, Griffin was a financial analyst for Morgan Stanley Merchant Banking Group. An active philanthropist, John Griffin also serves on the boards of iMentor (founding chair), Robin Hood Foundation and Robertson Foundation, and is a past board member of the Michael J. Fox Foundation, among others.

    Blue Ridge Capital uses a long-short portfolio strategy, but generally runs net long. Longs may decline but they will bounce back based on the inherent strength of the businesses; shorts balance the portfolio because they can zero out in a poor market. In other words, the firm targets absolute returns by investing in companies that dominate their industries and short-selling the ones with fundamental problems. The firm employs fundamental analysis to make its investments, looking for companies that have competitive advantages.


  • John Griffin’s Top Sells - KORS Revenue Up

    As of the third quarter, the updated portfolio of John Griffin of Blue Ridge Capital lists 50 stocks, seven of them new, a total value at $8.36 billion, and a quarter-over-quarter turnover of 10%. The portfolio is currently weighted with top three sectors: consumer cyclical at 31.4%, healthcare at 14.3% and financial services at 13.5%. The stocks bought by Griffin averaged a return of 25.4% over 12 months.

    John Griffin’s high-impact third quarter sell outs include Michael Kors Holdings Ltd. (NYSE:KORS), the luxury lifestyle brand. Griffin sold out KORS after making six quarters of double-digit gains. Michael Kors Holdings reported a total revenue increase of 38.9% for the second quarter of its fiscal 2014, coming in at $740.3 million, up from $532.9 million in the same quarter a year ago.  

  • Blue Ridge Capital Buys Charter Communications, American Homes 4 Rent, Tesla Motors, Sells Owens-Corning, Equinix, Realogy Holdings

    Hedge fund Blue Ridge Capital just reported its third quarter portfolio. The fund is run by John Griffin, who was the right hand man of the legendary hedge fund giant Julian Robertson. Blue Ridge seeks absolute returns by investing in companies who dominate their industries and shorting the companies who have fundamental problems. The firm employs fundamental analysis to make its investments.

    John Griffin buys Charter Communications Inc, American Homes 4 Rent, Tesla Motors, Inc., E*Trade Financial Corp, Gap, Inc., Avis Budget Group Inc, Tenet Healthcare Corp, etc during the 3-months ended 09/30/2013, according to the most recent filings of his investment company, Blue Ridge Capital.  

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