Honeycomb Asset Management LP Buys Tencent Music Entertainment Group, Uber Technologies Inc, Clear Channel Outdoor Holdings Inc, Sells Microsoft Corp, ServiceNow Inc, Alibaba Group Holding

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Feb 17, 2020
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Investment company Honeycomb Asset Management LP (Current Portfolio) buys Tencent Music Entertainment Group, Uber Technologies Inc, Clear Channel Outdoor Holdings Inc, Altice USA Inc, CrowdStrike Holdings Inc, sells Microsoft Corp, ServiceNow Inc, Alibaba Group Holding, Freshpet Inc, The Walt Disney Co during the 3-months ended 2019Q4, according to the most recent filings of the investment company, Honeycomb Asset Management LP. As of 2019Q4, Honeycomb Asset Management LP owns 33 stocks with a total value of $1 billion. These are the details of the buys and sells.

For the details of Honeycomb Asset Management LP's stock buys and sells, go to https://www.gurufocus.com/guru/honeycomb+asset+management+lp/current-portfolio/portfolio

These are the top 5 holdings of Honeycomb Asset Management LP
  1. Facebook Inc (FB) - 375,000 shares, 7.41% of the total portfolio. Shares reduced by 6.25%
  2. Amazon.com Inc (AMZN) - 41,200 shares, 7.32% of the total portfolio. Shares added by 37.33%
  3. Tencent Music Entertainment Group (TME) - 6,328,463 shares, 7.15% of the total portfolio. Shares added by 873.15%
  4. SPDR S&P 500 (SPY) - 225,000 shares, 6.97% of the total portfolio.
  5. ViacomCBS Inc (VIAC) - 1,250,000 shares, 5.05% of the total portfolio. Shares added by 56.25%
New Purchase: Uber Technologies Inc (UBER)

Honeycomb Asset Management LP initiated holding in Uber Technologies Inc. The purchase prices were between $25.99 and $33.75, with an estimated average price of $29.68. The stock is now traded at around $39.66. The impact to a portfolio due to this purchase was 4.73%. The holding were 1,652,126 shares as of .

New Purchase: Clear Channel Outdoor Holdings Inc (CCO)

Honeycomb Asset Management LP initiated holding in Clear Channel Outdoor Holdings Inc. The purchase prices were between $2.27 and $2.88, with an estimated average price of $2.53. The stock is now traded at around $2.73. The impact to a portfolio due to this purchase was 2.95%. The holding were 10,729,178 shares as of .

New Purchase: Altice USA Inc (ATUS)

Honeycomb Asset Management LP initiated holding in Altice USA Inc. The purchase prices were between $24.92 and $31.61, with an estimated average price of $27.58. The stock is now traded at around $28.71. The impact to a portfolio due to this purchase was 2.63%. The holding were 1,000,000 shares as of .

New Purchase: CrowdStrike Holdings Inc (CRWD)

Honeycomb Asset Management LP initiated holding in CrowdStrike Holdings Inc. The purchase prices were between $45.5 and $68.78, with an estimated average price of $52.39. The stock is now traded at around $64.85. The impact to a portfolio due to this purchase was 2.4%. The holding were 500,000 shares as of .

New Purchase: Dynatrace Inc (DT)

Honeycomb Asset Management LP initiated holding in Dynatrace Inc. The purchase prices were between $17.25 and $27.02, with an estimated average price of $22.15. The stock is now traded at around $36.12. The impact to a portfolio due to this purchase was 2.37%. The holding were 975,000 shares as of .

New Purchase: HubSpot Inc (HUBS)

Honeycomb Asset Management LP initiated holding in HubSpot Inc. The purchase prices were between $141.09 and $167.39, with an estimated average price of $153.19. The stock is now traded at around $197.78. The impact to a portfolio due to this purchase was 2.29%. The holding were 150,079 shares as of .

Added: Tencent Music Entertainment Group (TME)

Honeycomb Asset Management LP added to a holding in Tencent Music Entertainment Group by 873.15%. The purchase prices were between $11.42 and $14.37, with an estimated average price of $12.82. The stock is now traded at around $13.15. The impact to a portfolio due to this purchase was 6.42%. The holding were 6,328,463 shares as of .

Added: Netflix Inc (NFLX)

Honeycomb Asset Management LP added to a holding in Netflix Inc by 100.00%. The purchase prices were between $266.69 and $336.9, with an estimated average price of $297.76. The stock is now traded at around $380.40. The impact to a portfolio due to this purchase was 2.34%. The holding were 150,000 shares as of .

Added: Amazon.com Inc (AMZN)

Honeycomb Asset Management LP added to a holding in Amazon.com Inc by 37.33%. The purchase prices were between $1705.51 and $1869.8, with an estimated average price of $1771.74. The stock is now traded at around $2134.87. The impact to a portfolio due to this purchase was 1.99%. The holding were 41,200 shares as of .

Added: ViacomCBS Inc (VIAC)

Honeycomb Asset Management LP added to a holding in ViacomCBS Inc by 56.25%. The purchase prices were between $35.58 and $42.66, with an estimated average price of $38.79. The stock is now traded at around $34.98. The impact to a portfolio due to this purchase was 1.82%. The holding were 1,250,000 shares as of .

Added: Salesforce.com Inc (CRM)

Honeycomb Asset Management LP added to a holding in Salesforce.com Inc by 63.15%. The purchase prices were between $142.33 and $164.98, with an estimated average price of $157.07. The stock is now traded at around $189.95. The impact to a portfolio due to this purchase was 1.71%. The holding were 281,700 shares as of .

Added: Clarivate Analytics PLC (CCC)

Honeycomb Asset Management LP added to a holding in Clarivate Analytics PLC by 201.81%. The purchase prices were between $15.72 and $18.05, with an estimated average price of $16.86. The stock is now traded at around $21.76. The impact to a portfolio due to this purchase was 0.92%. The holding were 850,000 shares as of .

Sold Out: Microsoft Corp (MSFT)

Honeycomb Asset Management LP sold out a holding in Microsoft Corp. The sale prices were between $134.65 and $158.96, with an estimated average price of $147.3.

Sold Out: ServiceNow Inc (NOW)

Honeycomb Asset Management LP sold out a holding in ServiceNow Inc. The sale prices were between $220.01 and $286.88, with an estimated average price of $264.22.

Sold Out: Freshpet Inc (FRPT)

Honeycomb Asset Management LP sold out a holding in Freshpet Inc. The sale prices were between $46.25 and $59.09, with an estimated average price of $53.42.

Sold Out: The Walt Disney Co (DIS)

Honeycomb Asset Management LP sold out a holding in The Walt Disney Co. The sale prices were between $128.15 and $151.64, with an estimated average price of $140.

Sold Out: Restaurant Brands International Inc (QSR)

Honeycomb Asset Management LP sold out a holding in Restaurant Brands International Inc. The sale prices were between $63.77 and $71.61, with an estimated average price of $66.81.

Sold Out: American Tower Corp (AMT)

Honeycomb Asset Management LP sold out a holding in American Tower Corp. The sale prices were between $205.69 and $229.82, with an estimated average price of $217.87.



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