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Seth Klarman Buys SLM Corp., Domtar Corporation, Freedom Acquisition, Sells Mills Corp., Acquicor Technology, Inc, Encore Wire Corp.

An used copy of Seth Klarman's book "Margin of Safety" is selling for more than $800. This is the updates for Seth Klaman's buys and sells during the first quarter of 2007. Seth Klarman owns 37 stocks with a total value of $764 million.

Seth Klarman buys SLM Corp., Domtar Corporation, Freedom Acquisition, Hutchison Telecommunications International Limited, Union St Acq Corp, Information Svcs Grp, Clearpoint Business Resources, Inc., U.s. Auto Parts Network, Inc., sells Mills Corp., Acquicor Technology, Inc, Encore Wire Corp., Alliance One International, In, Apollo Group Inc., Endeavor Acquisition Corp, Trm Corp. during the 3-months ended 03/31/2007, according to the most recent filings of his investment company, The Baupost Group. Seth Klarman owns 37 stocks with a total value of $764 million. These are the details of the buys and sells.

Added: Marathon Acquisition (MAQ)

Seth Klarman added to his holdings in others company Marathon Acquisition by 55.82%. His purchase prices were between $7.48 and $7.6, with an estimated average price of $7.5. The impact to his portfolio due to this purchase was 1.75%. His holdings was 4,877,639 shares as of 03/31/2007. Marathon Acquisition closed today at $7.59.

New Purchase: SLM Corp. (SLM)

Seth Klarman initiated holdings in Consumer Finance company SLM Corp.. His purchase prices were between $40.88 and $49.37, with an estimated average price of $44. The impact to his portfolio due to this purchase was 21.14%. His holdings was 3,950,000 shares as of 03/31/2007. Slm Corp. closed today at $54.15.

New Purchase: Domtar Corporation (UFS)

Seth Klarman initiated holdings in Paper company Domtar Corporation. His purchase prices were between $9.17 and $9.4, with an estimated average price of $9.3. The impact to his portfolio due to this purchase was 7.61%. His holdings was 6,250,000 shares as of 03/31/2007. Domtar Corporation closed today at $9.82.

New Purchase: Freedom Acquisition (FRH)

Seth Klarman initiated holdings in Specialty Finance company Freedom Acquisition. His purchase prices were between $9.37 and $9.6, with an estimated average price of $9.5. The impact to his portfolio due to this purchase was 2.25%. His holdings was 1,800,000 shares as of 03/31/2007. Freedom Acquisition closed today at $9.5.

New Purchase: Hutchison Telecommunications International Limited (HTX)

Seth Klarman initiated holdings in Mobile Telecom company Hutchison Telecommunications International Limited. His purchase prices were between $28.76 and $36.94, with an estimated average price of $33.3. The impact to his portfolio due to this purchase was 1.15%. His holdings was 287,300 shares as of 03/31/2007. Hutchison Telecommunications International Limited closed today at $31.03.

New Purchase: Union St Acq Corp (USQ)

Seth Klarman initiated holdings in Specialty Finance company Union St Acq Corp. His purchase prices were between $7.25 and $7.38, with an estimated average price of $7.3. The impact to his portfolio due to this purchase was 0.6%. His holdings was 625,000 shares as of 03/31/2007. Union St Acq Corp closed today at $7.46.

New Purchase: Information Svcs Grp (III)

Seth Klarman initiated holdings in Specialty Finance company Information Svcs Grp. His purchase prices were between $7.26 and $7.48, with an estimated average price of $7.4. The impact to his portfolio due to this purchase was 0.49%. His holdings was 500,000 shares as of 03/31/2007. Information Svcs Grp closed today at $7.53.

New Purchase: Clearpoint Business Resources, Inc. (CPBR)

Seth Klarman initiated holdings in Business Training & Employment Agencies company Clearpoint Business Resources, Inc.. His purchase prices were between $5.52 and $6.2, with an estimated average price of $5.9. The impact to his portfolio due to this purchase was 0.46%. His holdings was 576,700 shares as of 03/31/2007. Clearpoint Business Resources, Inc. closed today at $5.75.

New Purchase: U.s. Auto Parts Network, Inc. (PRTS)

Seth Klarman initiated holdings in Auto Parts company U.s. Auto Parts Network, Inc.. His purchase prices were between $5.39 and $12.06, with an estimated average price of $10. The impact to his portfolio due to this purchase was 0.43%. His holdings was 605,400 shares as of 03/31/2007. U.s. Auto Parts Network, Inc. closed today at $6.57.

Reduced: Home Depot Inc. (HD)

Seth Klarman reduced to his holdings in Specialty Retailers company Home Depot Inc. by 31.82%. His purchase prices were between $36.77 and $41.2, with an estimated average price of $39.4. The impact to his portfolio due to this sale was 5.47%. His still held 1,500,000 shares as of 03/31/2007. Home Depot Inc. closed today at $38.86.

Reduced: News Corp. Cl A (NWS-A)

Seth Klarman reduced to his holdings in Broadcasting & Entertainment company News Corp. Cl A by 53.05%. His purchase prices were between $21.2 and $23.55, with an estimated average price of $22.7. The impact to his portfolio due to this sale was 3.89%. His still held 1,968,100 shares as of 03/31/2007. News Corp. Cl A closed today at $21.49.

Reduced: Omnova Solutions Inc. (OMN)

Seth Klarman reduced to his holdings in Building Materials & Fixtures company Omnova Solutions Inc. by 23.19%. His purchase prices were between $4.71 and $6.54, with an estimated average price of $5.9. The impact to his portfolio due to this sale was 3.22%. His still held 5,561,400 shares as of 03/31/2007. Omnova Solutions Inc. closed today at $5.42.

Reduced: Horizon Lines, Inc. (HRZ)

Seth Klarman reduced to his holdings in Marine Transportation company Horizon Lines, Inc. by 35.16%. His purchase prices were between $26.24 and $33.59, with an estimated average price of $29.3. The impact to his portfolio due to this sale was 2.06%. His still held 650,000 shares as of 03/31/2007. Horizon Lines, Inc. closed today at $33.37.

Reduced: Healthsouth Cp (HLS)

Seth Klarman reduced to his holdings in Health Care Providers company Healthsouth Cp by 50%. His purchase prices were between $21.7 and $25.73, with an estimated average price of $22.9. The impact to his portfolio due to this sale was 0.91%. His still held 500,000 shares as of 03/31/2007. Healthsouth Cp closed today at $19.74.

Sold Out: Apollo Group Inc. (APOL)

Seth Klarman sold out his holdings in Specialized Consumer Services company Apollo Group Inc.. His purchase prices were between $40.76 and $48.05, with an estimated average price of $44.4. The impact to his portfolio due to this sale was less than 0.01%. Apollo Group Inc. closed today at $47.41.

Sold Out: Alliance One International, In (AOI)

Seth Klarman sold out his holdings in Tobacco company Alliance One International, In. His purchase prices were between $7.01 and $9.01, with an estimated average price of $8.1. The impact to his portfolio due to this sale was less than 0.01%. Alliance One International, In closed today at $10.06.

Sold Out: Endeavor Acquisition Corp (EDA)

Seth Klarman sold out his holdings in Clothing & Accessories company Endeavor Acquisition Corp. His purchase prices were between $9.18 and $11.96, with an estimated average price of $11. The impact to his portfolio due to this sale was less than 0.01%. Endeavor Acquisition Corp closed today at $11.36.

Sold Out: Encore Wire Corp. (WIRE)

Seth Klarman sold out his holdings in Electrical Components & Equipment company Encore Wire Corp.. His purchase prices were between $21.25 and $27.43, with an estimated average price of $23.9. The impact to his portfolio due to this sale was less than 0.01%. Encore Wire Corp. closed today at $29.51.

Sold Out: Trm Corp. (TRMM)

Seth Klarman sold out his holdings in Specialized Consumer Services company Trm Corp.. His purchase prices were between $1.9 and $3.26, with an estimated average price of $2.7. The impact to his portfolio due to this sale was less than 0.01%. Trm Corp. closed today at $2.72.

Rating: 2.8/5 (15 votes)

Comments

expectingrain
Expectingrain - 7 years ago
RE: UFS

First of all, Mr Klarman is much smarter than me regarding stock picking. However, I just don't understand his purchase of UFS. Is there anyone who has a handle on this and can walk me through whatever I'm missing? Thanks!

Please leave your comment:


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