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New Long Positions from Short Seller Jim Chanos: UNG, SNDK, VGK, MCD, EOG, MA, V

February 15, 2013 | About:
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GuruFocus

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Famed short seller Jim Chanos just reported his fourth quarter long positions. He bought into a couple of new positions including United States Natural Gas Fund, SanDisk, McDonald's Corporation, EOG Resources, Visa, MasterCard etc. He sells iShares Russell 2000 Index (ETF), SPDR S&P 500 ETF, SPDR S&P MidCap 400 ETF, Apache Corporation, Visteon Corp., Chicago Bridge & Iron Company, Macy's Inc, Occidental Petroleum Corporation, SPDR S&P China (ETF), Royal Bank of Scotland Group (The) PLC, Oracle Corporation, Microsoft Corporation during the 3-months ended 12/31/2012, according to the most recent filings of his investment company, Kynikos Associates LP. As of 12/31/2012, Kynikos Associates LP owns 21 stocks with a total value of $256 million. These are the details of the buys and sells.

For the details of Jim Chanos's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Jim+Chanos

These are the top 5 holdings of Jim Chanos

  1. United States Natural Gas Fund, LP (UNG) - 1,063,500 shares, 7.9% of the total portfolio. New Position
  2. SPDR S&P 500 ETF (SPY) - 114,900 shares, 6.4% of the total portfolio. Shares reduced by 59.53%
  3. SPDR S&P MidCap 400 ETF (MDY) - 84,200 shares, 6.1% of the total portfolio. Shares reduced by 46.88%
  4. SanDisk Corp (SNDK) - 357,800 shares, 6.1% of the total portfolio. New Position
  5. Deere & Co (DE) - 174,450 shares, 5.9% of the total portfolio. Shares added by 8.59%


New Purchase: United States Natural Gas Fund, LP (UNG)

Jim Chanos initiated holdings in United States Natural Gas Fund, LP. His purchase prices were between $18.87 and $23.35, with an estimated average price of $21.24. The impact to his portfolio due to this purchase was 7.9%. His holdings were 1,063,500 shares as of 12/31/2012. United States Natural Gas Fund, Lp has a market cap of $119.5 million; its shares were traded at around $17.84.

New Purchase: SanDisk Corp (SNDK)

Jim Chanos initiated holdings in SanDisk Corp. His purchase prices were between $38.84 and $44.82, with an estimated average price of $42.29. The impact to his portfolio due to this purchase was 6.1%. His holdings were 357,800 shares as of 12/31/2012. Sandisk Corp has a market cap of $12.1 billion; its shares were traded at around $49.97 with a P/E ratio of 25.3807 and P/S ratio of 2.4172.

New Purchase: Vanguard MSCI Europe ETF (VGK)

Jim Chanos initiated holdings in Vanguard MSCI Europe ETF. His purchase prices were between $44.2 and $49.06, with an estimated average price of $46.68. The impact to his portfolio due to this purchase was 5.4%. His holdings were 280,100 shares as of 12/31/2012. Vanguard Msci Europe Etf has a market cap of $3.56 billion; its shares were traded at around $50.11 . The dividend yield of Vanguard Msci Europe Etf stocks is 3.5%.

New Purchase: McDonald's Corporation (MCD)

Jim Chanos initiated holdings in McDonald's Corporation. His purchase prices were between $84.05 and $94.09, with an estimated average price of $88.41. The impact to his portfolio due to this purchase was 4.7%. His holdings were 137,100 shares as of 12/31/2012. Mcdonald's Corporation has a market cap of $93.93 billion; its shares were traded at around $93.51 with a P/E ratio of 17.6367 and P/S ratio of 3.499. The dividend yield of Mcdonald's Corporation stocks is 3.07%. Mcdonald's Corporation had an annual average earnings growth of 15.4% over the past 10 years. GuruFocus rated Mcdonald's Corporation the business predictability rank of 5-star.

New Purchase: EOG Resources (EOG)

Jim Chanos initiated holdings in EOG Resources. His purchase prices were between $108.78 and $124.37, with an estimated average price of $116.28. The impact to his portfolio due to this purchase was 4.1%. His holdings were 86,700 shares as of 12/31/2012. EOG Resources has a market cap of $36.12 billion; its shares were traded at around $133.32 with a P/E ratio of 30.1205 and P/S ratio of 3.1466. The dividend yield of Eog Resources stocks is 0.51%. Eog Resources had an annual average earnings growth of 17.4% over the past 10 years. GuruFocus rated Eog Resources the business predictability rank of 2.5-star.

New Purchase: Visa, Inc. (V)

Jim Chanos initiated holdings in Visa, Inc.. His purchase prices were between $136 and $152.46, with an estimated average price of $144.07. The impact to his portfolio due to this purchase was 3.3%. His holdings were 55,500 shares as of 12/31/2012. Visa Inc. is a Delaware Corporation. It is a global payments technology company that connects consumers, businesses, banks and governments in more than 200 countries and territories, enabling them to use digital currency instead of cash and checks. Visa, Inc. has a market cap of $125.32 billion; its shares were traded at around $155.91 with a P/E ratio of 61.7284 and P/S ratio of 13.8889. The dividend yield of Visa, Inc. stocks is 0.71%.

New Purchase: MasterCard Incorporated (MA)

Jim Chanos initiated holdings in MasterCard Incorporated. His purchase prices were between $449.36 and $498.53, with an estimated average price of $475.2. The impact to his portfolio due to this purchase was 3.3%. His holdings were 17,100 shares as of 12/31/2012. MasterCard Incorporated was incorporated as a Delaware stock corporation in May 2001. Mastercard Incorporated has a market cap of $64.88 billion; its shares were traded at around $522 with a P/E ratio of 30.3951 and P/S ratio of 9.1408. The dividend yield of Mastercard Incorporated stocks is 0.23%.

New Purchase: Huntington Ingalls Industries Inc (HII)

Jim Chanos initiated holdings in Huntington Ingalls Industries Inc. His purchase prices were between $39.87 and $44.96, with an estimated average price of $41.63. The impact to his portfolio due to this purchase was 3.1%. His holdings were 184,000 shares as of 12/31/2012. Huntington Ingalls Industries, Inc. formerly known as New Ships, Inc. Huntington Ingalls Industries Inc has a market cap of $2.24 billion; its shares were traded at around $45.16 with a P/E ratio of 13.587 and P/S ratio of 0.3388. The dividend yield of Huntington Ingalls Industries Inc stocks is 0.22%.

Sold Out: iShares Russell 2000 Index (ETF) (IWM)

Jim Chanos sold out his holdings in iShares Russell 2000 Index (ETF). His sale prices were between $76.84 and $84.66, with an estimated average price of $81.88. ISHARES RUSSELL 2000 Index Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the small capitalization sector of the U. Ishares Russell 2000 Index (etf) has a market cap of $16.4 billion; its shares were traded at around $91.75 . The dividend yield of Ishares Russell 2000 Index (etf) stocks is 1.6%.

Sold Out: Apache Corporation (APA)

Jim Chanos sold out his holdings in Apache Corporation. His sale prices were between $75.07 and $88.73, with an estimated average price of $80.45. Apache Corporation is a Delaware corporation, which was formed in 1954. Apache Corporation has a market cap of $31.43 billion; its shares were traded at around $80.22 with a P/E ratio of 12.8866 and P/S ratio of 1.8563. The dividend yield of Apache Corporation stocks is 0.85%. Apache Corporation had an annual average earnings growth of 15.9% over the past 10 years.

Sold Out: Visteon Corp. (VC)

Jim Chanos sold out his holdings in Visteon Corp.. His sale prices were between $43.1 and $52.42, with an estimated average price of $48.36. Visteon Corporation was incorporated in Delaware in January 2000. Visteon Corp. has a market cap of $2.97 billion; its shares were traded at around $56.24 with a P/E ratio of 85.4701 and P/S ratio of 0.4111. Visteon Corp. had an annual average earnings growth of 116.5% over the past 5 years.

Sold Out: Chicago Bridge & Iron Company (CBI)

Jim Chanos sold out his holdings in Chicago Bridge & Iron Company. His sale prices were between $36.82 and $45.78, with an estimated average price of $39.81. Chicago Bridge & Iron Company was founded in 1889. The company provides conceptual design, technology, engineering, procurement, fabrication and construction, commissioning and associated maintenance services to customers in the energy and natural resource industries. Chicago Bridge & Iron Company has a market cap of $5.17 billion; its shares were traded at around $53.6 with a P/E ratio of 18.6567 and P/S ratio of 1.0135. The dividend yield of Chicago Bridge & Iron Company stocks is 0.35%. Chicago Bridge & Iron Company had an annual average earnings growth of 17.7% over the past 10 years. GuruFocus rated Chicago Bridge & Iron Company the business predictability rank of 2-star.

Sold Out: Occidental Petroleum Corporation (OXY)

Jim Chanos sold out his holdings in Occidental Petroleum Corporation. His sale prices were between $73.58 and $85.52, with an estimated average price of $78.44. Occidental Petroleum Corporation is a Delaware corporation. Occidental Petroleum Corporation has a market cap of $70.41 billion; its shares were traded at around $86.95 with a P/E ratio of 11.9048 and P/S ratio of 2.9189. The dividend yield of Occidental Petroleum Corporation stocks is 2.49%. Occidental Petroleum Corporation had an annual average earnings growth of 14.1% over the past 10 years. GuruFocus rated Occidental Petroleum Corporation the business predictability rank of 2-star.

Sold Out: Macy's Inc (M)

Jim Chanos sold out his holdings in Macy's Inc. His sale prices were between $37.08 and $41.73, with an estimated average price of $39.29. Macy's, Inc. was organized under the laws of the State of Delaware in 1985. Macy's Inc has a market cap of $15.63 billion; its shares were traded at around $39.52 with a P/E ratio of 12.0627 and P/S ratio of 0.6016. The dividend yield of Macy's Inc stocks is 2.02%.

Sold Out: SPDR S&P China (ETF) (GXC)

Jim Chanos sold out his holdings in SPDR S&P China (ETF). His sale prices were between $65.25 and $73.41, with an estimated average price of $69.25. Spdr S&p China (etf) has a market cap of $124.4 million; its shares were traded at around $74.69 . The dividend yield of Spdr S&p China (etf) stocks is 1.4%.

Sold Out: Royal Bank of Scotland Group (The) PLC (RBS)

Jim Chanos sold out his holdings in Royal Bank of Scotland Group (The) PLC. His sale prices were between $8.2 and $10.58, with an estimated average price of $9.22. Royal Bank of Scotland Group (The) PLC is the holding company of a large global banking and financial services group. Royal Bank Of Scotland Group (the) Plc has a market cap of $32.96 billion; its shares were traded at around $10.86 with a P/E ratio of 8.1 and P/S ratio of 1.8077.

Sold Out: Oracle Corporation (ORCL)

Jim Chanos sold out his holdings in Oracle Corporation. His sale prices were between $29.58 and $34.09, with an estimated average price of $31.49. Oracle Corporation was incorporated in 2005 as a Delaware corporation and is the successor to operations originally begun in June 1977. Oracle Corporation has a market cap of $165.23 billion; its shares were traded at around $34.92 with a P/E ratio of 16.4474 and P/S ratio of 4.6664. The dividend yield of Oracle Corporation stocks is 0.69%. Oracle Corporation had an annual average earnings growth of 19.9% over the past 10 years. GuruFocus rated Oracle Corporation the business predictability rank of 5-star.

Sold Out: Microsoft Corporation (MSFT)

Jim Chanos sold out his holdings in Microsoft Corporation. His sale prices were between $26.37 and $30.03, with an estimated average price of $27.96. Microsoft Corporation was founded in 1975. It was incorporated in the State of Washington. Microsoft Corporation has a market cap of $234.87 billion; its shares were traded at around $27.96 with a P/E ratio of 15.4321 and P/S ratio of 3.269. The dividend yield of Microsoft Corporation stocks is 2.96%. Microsoft Corporation had an annual average earnings growth of 13.9% over the past 10 years. GuruFocus rated Microsoft Corporation the business predictability rank of 4.5-star.

Added: Starbucks Corporation (SBUX)

Jim Chanos added to his holdings in Starbucks Corporation by 73.87%. His purchase prices were between $44.97 and $54.58, with an estimated average price of $50.25. The impact to his portfolio due to this purchase was 2.21%. His holdings were 246,900 shares as of 12/31/2012. Starbucks Corporation was formed in 1985. The Company purchases and roasts high-quality whole bean coffees and sells them, along with fresh, rich-brewed coffees, Italian-style espresso beverages, cold blended beverages, complementary food items, a selection of teas, and beverage-related accessories and equipment, through its Company-operated retail stores. Starbucks Corporation has a market cap of $41.62 billion; its shares were traded at around $55.57 with a P/E ratio of 29.8507 and P/S ratio of 3.1358. The dividend yield of Starbucks Corporation stocks is 1.37%. Starbucks Corporation had an annual average earnings growth of 13.8% over the past 10 years. GuruFocus rated Starbucks Corporation the business predictability rank of 3-star.

Added: Citigroup Inc (C)

Jim Chanos added to his holdings in Citigroup Inc by 19.2%. His purchase prices were between $33.26 and $40.17, with an estimated average price of $36.68. The impact to his portfolio due to this purchase was 0.77%. His holdings were 307,900 shares as of 12/31/2012. Citigroup Inc. was incorporated in 1988 under the laws of the State of Delaware. Citigroup Inc has a market cap of $129.97 billion; its shares were traded at around $44.36 with a P/E ratio of 18.1818 and P/S ratio of 1.9298. The dividend yield of Citigroup Inc stocks is 0.09%.

Added: Deere & Co (DE)

Jim Chanos added to his holdings in Deere & Co by 8.59%. His purchase prices were between $81.19 and $86.87, with an estimated average price of $84.77. The impact to his portfolio due to this purchase was 0.47%. His holdings were 174,450 shares as of 12/31/2012. Deere & Company was incorporated under the laws of Delaware in 1958. Deere & Co has a market cap of $35.13 billion; its shares were traded at around $90.55 with a P/E ratio of 11.8765 and P/S ratio of 1.0057. The dividend yield of Deere & Co stocks is 2.03%. Deere & Co had an annual average earnings growth of 9.1% over the past 10 years. GuruFocus rated Deere & Co the business predictability rank of 3.5-star.

Added: JPMorgan Chase & Co (JPM)

Jim Chanos added to his holdings in JPMorgan Chase & Co by 10.21%. His purchase prices were between $39.29 and $44.53, with an estimated average price of $41.83. The impact to his portfolio due to this purchase was 0.38%. His holdings were 236,300 shares as of 12/31/2012. JPMorgan Chase & Co is a global financial services firm and banking institutions in the United States of America with operations worldwide. Jpmorgan Chase & Co has a market cap of $187.11 billion; its shares were traded at around $49.23 with a P/E ratio of 10.4603 and P/S ratio of 1.9822. The dividend yield of Jpmorgan Chase & Co stocks is 2.44%. Jpmorgan Chase & Co had an annual average earnings growth of 5.9% over the past 10 years. GuruFocus rated Jpmorgan Chase & Co the business predictability rank of 2-star.

Added: KKR & Co LP (KKR)

Jim Chanos added to his holdings in KKR & Co LP by 3.63%. His purchase prices were between $13.58 and $15.41, with an estimated average price of $14.48. The impact to his portfolio due to this purchase was 0.19%. His holdings were 893,500 shares as of 12/31/2012. KKR & Co. L.P. was founded in 1976. The Company's business offers a broad range of asset management services to its investors and provides capital markets services to its firm, its portfolio companies and its clients. Kkr & Co Lp has a market cap of $4.34 billion; its shares were traded at around $17.8 with a P/E ratio of 8.5837 and P/S ratio of 2.1299. The dividend yield of Kkr & Co Lp stocks is 6.84%.

Reduced: SPDR S&P 500 ETF (SPY)

Jim Chanos reduced to his holdings in SPDR S&P 500 ETF by 59.53%. His sale prices were between $135.7 and $146.2, with an estimated average price of $142.02. The impact to his portfolio due to this sale was -8.27%. Jim Chanos still held 114,900 shares as of 12/31/2012. Standard and Poor's Depository Reciepts trust is involved in the financial services industry. Spdr S&p 500 Etf has a market cap of $115.02 billion; its shares were traded at around $152.28 . The dividend yield of Spdr S&p 500 Etf stocks is 2%.

Reduced: SPDR S&P MidCap 400 ETF (MDY)

Jim Chanos reduced to his holdings in SPDR S&P MidCap 400 ETF by 46.88%. His sale prices were between $172.52 and $188.05, with an estimated average price of $180.74. The impact to his portfolio due to this sale was -4.55%. Jim Chanos still held 84,200 shares as of 12/31/2012. Spdr S&p Midcap 400 Etf has a market cap of $21.32 billion; its shares were traded at around $203.34 . The dividend yield of Spdr S&p Midcap 400 Etf stocks is 1%.

Here is the complete portfolio of Jim Chanos. Also check out:

1. Jim Chanos's Undervalued Stocks

2. Jim Chanos's Top Growth Companies, and

3. Jim Chanos's High Yield stocks


Rating: 1.0/5 (2 votes)

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