Fund manager Whitney Tilson and his partners added 11 new stocks to his portfolio of 40 stocks in the third quarter, the largest of which are: Air Products & Chemicals (APD), Google Inc. (GOOG), Belo Corporation (BLC), rue21 Inc. (RUE) and SAExploration Holdings Inc. (SAEX). According to a message from Whitney Tilson himself, of the top 5 new buys, only one is his: APD.
Tilson’s long portfolio at his hedge fund Kase Capital is valued at $63 million, and has its top weighting at 32.6% in the financial services sector, followed by consumer cyclical at 24.8% and real estate at 11.1%. His quarter-over-quarter turnover was 26%. Continue Reading »