Hedge Fund Passport Capital Buys Yahoo!, Dollar General Corp, Liberty Global, Sells Qihoo 360, Vipshop, Charter Communications
Hedge fund passport capital just reported their third quarter portfolio. The fund is run by John Burbank (Trades, Portfolio), who employs a top-down macroeconomic view to achieve risk-adjusted returns.
John Burbank (Trades, Portfolio) buys Yahoo! Inc, Dollar General Corp, Liberty Global PLC, Schlumberger NV, Facebook Inc during the 3-months ended 09/30/2014, according to the most recent filings of his investment company, Passport Capital. As of 09/30/2014, Passport Capital owns 240 stocks with a total value of $7.1 billion. These are the details of the buys and sells.
- New Purchases: DG, LBTYK, IACI, PANW, MCO, GLNG, BABA, PFPT, RKUS, INFN, AAPRB, CSC, EVHC, FDO, MON, PCP, RL, SIRO, TPX, VC, VNTV, STRZA, SLW, KO, EBAY, XLS, A, BUD, DHT, HUB.B, INFA, IWM,MWV, BIDU, PWRD, PBA, OVTI, ASNA, CNL, DFS, EGN, GDX, ISRG, PMT, TRMB, AMH, LXU,
- Added Positions: YHOO, SLB, FB, LMCK, DOW, RICE, SCTY, SWK, UFS, DHR, FOX, SBGL, GD, IR, ITT, NVGS, PCLN, UNH, PSX, GILD, FOXA, EPI,
- Reduced Positions: QIHU, VIPS, CHTR, CYT, MPC, GLPI, TWC, SFUN, RLGY, QVCA, MHFI, APC, SBUX, YUM, PAGP, CF, NFLX, TRLA, HAL, AAPL, CJES, GLD, HSNI, WYNN, HDB, HES,
- Sold Out: LOW, LNG, COG, ECA, YELP, GOMO, UTX, GPOR, EOG, SIRI, LPG, ARMH, MFRM, ZEN, DDD, IRM, SPN, PXD, PTEN, LMCA, KEYW, EMC, DTV, SM, WFT, LYV, MYGN, PFG, SINA, VFC, VLO, IGT, GRPN,FBHS, EQT, CSTM, COL, CLX, CAT, BRCD, ZU,
For the details of John Burbank (Trades, Portfolio)'s stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=John+Burbank
This is the sector weightings of his portfolio:
| Energy | 16.5% |
| Basic Materials | 14.9% |
| Technology | 11% |
| Consumer Cyclical | 7% |
| Industrials | 7% |
| Communication Services | 4.5% |
| Consumer Defensive | 2.2% |
| Real Estate | 0.9% |
| Financial Services | 0.4% |
| Utilities | 0.3% |
| Healthcare | 0.2% |
These are the top 5 holdings of John Burbank (Trades, Portfolio)
1. Yahoo! Inc (YHOO) - 7,480,868 shares, 4.3% of the total portfolio. Shares added by 1231.11%
2. CF Industries Holdings Inc (CF) - 996,189 shares, 3.9% of the total portfolio. Shares reduced by 5.45%
3. Vipshop Holdings Ltd (VIPS) - 9,815,640 shares, 2.6% of the total portfolio. Shares reduced by 38.34%
4. Schlumberger NV (SLB) - 1,723,849 shares, 2.5% of the total portfolio. Shares added by 201.62%
5. McGraw Hill Financial Inc (MHFI) - 1,847,175 shares, 2.2% of the total portfolio. Shares reduced by 20.12%
New Purchase: Dollar General Corp (DG)
John Burbank (Trades, Portfolio) initiated holdings in Dollar General Corp. His purchase prices were between $54.41 and $64.48, with an estimated average price of $60. The impact to his portfolio due to this purchase was 1.9%. His holdings were 2,164,613 shares as of 09/30/2014.
New Purchase: Liberty Global PLC (LBTYK)
John Burbank (Trades, Portfolio) initiated holdings in Liberty Global PLC. His purchase prices were between $39.71 and $43.35, with an estimated average price of $41.64. The impact to his portfolio due to this purchase was 1.7%. His holdings were 2,887,612 shares as of 09/30/2014.
New Purchase: IAC/InterActiveCorp (IACI)
John Burbank (Trades, Portfolio) initiated holdings in IAC/InterActiveCorp. His purchase prices were between $63.8 and $73.02, with an estimated average price of $67.63. The impact to his portfolio due to this purchase was 0.74%. His holdings were 798,686 shares as of 09/30/2014.
New Purchase: Palo Alto Networks Inc (PANW)
John Burbank (Trades, Portfolio) initiated holdings in Palo Alto Networks Inc. His purchase prices were between $75.36 and $100.49, with an estimated average price of $86.23. The impact to his portfolio due to this purchase was 0.73%. His holdings were 527,494 shares as of 09/30/2014.
New Purchase: Moody's Corporation (MCO)
John Burbank (Trades, Portfolio) initiated holdings in Moody's Corporation. His purchase prices were between $86.86 and $95.78, with an estimated average price of $91.73. The impact to his portfolio due to this purchase was 0.64%. His holdings were 482,118 shares as of 09/30/2014.
New Purchase: Golar LNG Ltd (GLNG)
John Burbank (Trades, Portfolio) initiated holdings in Golar LNG Ltd. His purchase prices were between $58.35 and $72.5, with an estimated average price of $63.43. The impact to his portfolio due to this purchase was 0.54%. His holdings were 576,893 shares as of 09/30/2014.
New Purchase: Alibaba Group Holding Ltd (BABA)
John Burbank (Trades, Portfolio) initiated holdings in Alibaba Group Holding Ltd. His purchase prices were between $87.17 and $93.89, with an estimated average price of $89.95. The impact to his portfolio due to this purchase was 0.39%. His holdings were 307,440 shares as of 09/30/2014.
Here is the complete portfolio of John Burbank. Also check out:
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