Martin Whitman Buys MITSUBISHI ESTATE CO, HANG LUNG GRP SP ADR, HENDERSON INVESTMENT

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Mar 19, 2007
Legendary investor Martin Whitman rarely sells stocks! When he buys, he holds it forever! He is finding opportunities in Asia. These are his new buys and added positions.


Martin Whitman buys MITSUBISHI ESTATE CO, HANG LUNG GRP SP ADR, HENDERSON INVESTMENT during the 3-months ended 12/31/2006, according to the most recent filings of his investment company, Third Avenue Value Fund. Martin Whitman owns 100 stocks with a total value of $7.7 billion. These are the details of the buys and sells.


New Purchases: HDVTF.PK, HNLGY.PK, MITEF.PK,


Added Positions: ACA, FNRY.PK, HLDVF.PK, SFBI.OB, WARFF.PK, WHLKF.PK,


Added: HENDERSON LAND DEV (HLDVF.PK, Financial)


Martin Whitman added to his holdings in others company HENDERSON LAND DEV by 93.76%. His purchase prices were between $5.45 and $6.3, with an estimated average price of $5.8. The impact to his portfolio due to this purchase was 3.76%. His holdings was 103,328,000 shares as of 12/31/2006. HENDERSON LAND DEV closed today at $5.55.


Added: WHARF HOLDINGS LTD O (WARFF.PK, Financial)


Martin Whitman added to his holdings in others company WHARF HOLDINGS LTD O by 1201.18%. The impact to his portfolio due to this purchase was 1.41%. His holdings was 31,918,000 shares as of 12/31/2006. WHARF HOLDINGS LTD O closed today at $3.6.


Added: ACA CAPITAL HOLDINGS (ACA, Financial)


Martin Whitman added to his holdings in Asset Managers company ACA CAPITAL HOLDINGS by 3103.99%. His purchase prices were between $12.85 and $15.93, with an estimated average price of $14.3. The impact to his portfolio due to this purchase was 0.71%. His holdings was 3,806,720 shares as of 12/31/2006. ACA CAPITAL HOLDINGS closed today at $13.99.


Added: WHEELOCK & CO LTD HK (WHLKF.PK, Financial)


Martin Whitman added to his holdings in others company WHEELOCK & CO LTD HK by 23.36%. The impact to his portfolio due to this purchase was 0.41%. His holdings was 78,454,500 shares as of 12/31/2006. WHEELOCK & CO LTD HK closed today at $2.21.


Added: FNC REALTY CORP (FNRY.PK, Financial)


Martin Whitman added to his holdings in others company FNC REALTY CORP by 215.14%. The impact to his portfolio due to this purchase was 0.12%. His holdings was 18,535,398 shares as of 12/31/2006. FNC REALTY CORP closed today at $0.8.


Added: SFSB Inc. (SFBI.OB, Financial)


Martin Whitman added to his holdings in Banks company SFSB Inc. by 22.75%. His purchase prices were between $9.6 and $9.95, with an estimated average price of $9.8. The impact to his portfolio due to this purchase was 0.01%. His holdings was 242,800 shares as of 12/31/2006. SFSB Inc. closed today at $9.26.


New Purchase: MITSUBISHI ESTATE CO (MITEF.PK)


Martin Whitman initiated holdings in others company MITSUBISHI ESTATE CO. The impact to his portfolio due to this purchase was 1.83%. His holdings was 4,930,000 shares as of 12/31/2006. MITSUBISHI ESTATE CO closed today at $30.9.


New Purchase: HANG LUNG GRP SP ADR (HNLGY.PK)


Martin Whitman initiated holdings in others company HANG LUNG GRP SP ADR. The impact to his portfolio due to this purchase was 0.53%. His holdings was 11,907,000 shares as of 12/31/2006. HANG LUNG GRP SP ADR closed today at $16.85.


New Purchase: HENDERSON INVESTMENT (HDVTF.PK)


Martin Whitman initiated holdings in others company HENDERSON INVESTMENT. The impact to his portfolio due to this purchase was 0.22%. His holdings was 8,913,000 shares as of 12/31/2006. HENDERSON INVESTMENT closed today at $1.86.