Fir Tree Inc. Buys SLM Corp, VEREIT Inc, Johnson & Johnson, Sells FirstEnergy Corp, Mohawk Industries Inc, Allergan PLC

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Jan 30, 2020
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New York, NY, based Investment company Fir Tree Inc. (Current Portfolio) buys SLM Corp, VEREIT Inc, Johnson & Johnson, L3Harris Technologies Inc, Laureate Education Inc, sells FirstEnergy Corp, Mohawk Industries Inc, Allergan PLC, Altaba Inc, Roan Resources Inc during the 3-months ended 2019Q4, according to the most recent filings of the investment company, Fir Tree Inc.. As of 2019Q4, Fir Tree Inc. owns 48 stocks with a total value of $1 billion. These are the details of the buys and sells.

For the details of FIR TREE INC.'s stock buys and sells, go to https://www.gurufocus.com/guru/fir+tree+inc./current-portfolio/portfolio

These are the top 5 holdings of FIR TREE INC.
  1. SLM Corp (SLM) - 10,600,803 shares, 9.41% of the total portfolio. New Position
  2. VEREIT Inc (VER) - 8,935,668 shares, 8.23% of the total portfolio. New Position
  3. Laureate Education Inc (LAUR) - 4,134,958 shares, 7.26% of the total portfolio. Shares added by 58.06%
  4. Amplify Energy Corp (AMPY) - 10,415,297 shares, 6.86% of the total portfolio. Shares reduced by 4.55%
  5. Johnson & Johnson (JNJ) - 457,876 shares, 6.66% of the total portfolio. New Position
New Purchase: SLM Corp (SLM)

Fir Tree Inc. initiated holding in SLM Corp. The purchase prices were between $8.11 and $9.13, with an estimated average price of $8.69. The stock is now traded at around $11.01. The impact to a portfolio due to this purchase was 9.41%. The holding were 10,600,803 shares as of .

New Purchase: VEREIT Inc (VER)

Fir Tree Inc. initiated holding in VEREIT Inc. The purchase prices were between $9.09 and $10.05, with an estimated average price of $9.58. The stock is now traded at around $9.78. The impact to a portfolio due to this purchase was 8.23%. The holding were 8,935,668 shares as of .

New Purchase: Johnson & Johnson (JNJ)

Fir Tree Inc. initiated holding in Johnson & Johnson. The purchase prices were between $127.5 and $146.44, with an estimated average price of $135.91. The stock is now traded at around $150.36. The impact to a portfolio due to this purchase was 6.66%. The holding were 457,876 shares as of .

New Purchase: L3Harris Technologies Inc (LHX)

Fir Tree Inc. initiated holding in L3Harris Technologies Inc. The purchase prices were between $192.49 and $209.93, with an estimated average price of $200.53. The stock is now traded at around $224.74. The impact to a portfolio due to this purchase was 3%. The holding were 152,000 shares as of .

Added: Laureate Education Inc (LAUR)

Fir Tree Inc. added to a holding in Laureate Education Inc by 58.06%. The purchase prices were between $15.25 and $17.95, with an estimated average price of $16.51. The stock is now traded at around $21.62. The impact to a portfolio due to this purchase was 2.67%. The holding were 4,134,958 shares as of .

Added: T-Mobile US Inc (TMUS)

Fir Tree Inc. added to a holding in T-Mobile US Inc by 37.14%. The purchase prices were between $74.62 and $83.27, with an estimated average price of $78.67. The stock is now traded at around $80.94. The impact to a portfolio due to this purchase was 1.39%. The holding were 658,255 shares as of .

Added: Booking Holdings Inc (BKNG)

Fir Tree Inc. added to a holding in Booking Holdings Inc by 38.39%. The purchase prices were between $1838.03 and $2072.54, with an estimated average price of $1963.19. The stock is now traded at around $1872.09. The impact to a portfolio due to this purchase was 1.15%. The holding were 20,170 shares as of .

Added: Anthem Inc (ANTM)

Fir Tree Inc. added to a holding in Anthem Inc by 104.17%. The purchase prices were between $234.82 and $306.42, with an estimated average price of $276.42. The stock is now traded at around $265.89. The impact to a portfolio due to this purchase was 1.1%. The holding were 71,322 shares as of .

Sold Out: FirstEnergy Corp (FE)

Fir Tree Inc. sold out a holding in FirstEnergy Corp. The sale prices were between $46.03 and $48.82, with an estimated average price of $47.8.

Sold Out: Mohawk Industries Inc (MHK)

Fir Tree Inc. sold out a holding in Mohawk Industries Inc. The sale prices were between $118.98 and $152.12, with an estimated average price of $136.34.

Sold Out: Altaba Inc (AABA)

Fir Tree Inc. sold out a holding in Altaba Inc. The sale prices were between $19.63 and $19.63, with an estimated average price of $19.63.

Sold Out: Roan Resources Inc (ROAN)

Fir Tree Inc. sold out a holding in Roan Resources Inc. The sale prices were between $1.48 and $1.52, with an estimated average price of $1.51.

Sold Out: Regalwood Global Energy Ltd (RWGE)

Fir Tree Inc. sold out a holding in Regalwood Global Energy Ltd. The sale prices were between $10.32 and $10.38, with an estimated average price of $10.35.

Sold Out: UnitedHealth Group Inc (UNH)

Fir Tree Inc. sold out a holding in UnitedHealth Group Inc. The sale prices were between $215.36 and $295.97, with an estimated average price of $263.11.



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