Renowed value investor Seth Klarman just reported his Q1 portfolio at the Baupost Group. He did not buy any new stocks, just added to the ones he owns and sold some. Seth Klarman owns 37 stocks with a total value of $1 billion. These are the details of the buys and sells.
Seth Klarman sells Atlas Pipeline Holdings L.P., Centerplate Inc, CHINA HLDGS ACQ CP, IAC/InterActiveCorp, Liberty Media Corp. Capital Common Serie during the 3-months ended 03/31/2009, according to the most recent filings of his investment company, The Baupost Group.
Added Positions: BBEP, CSE, FACT, NWS-A, PDLI, RHIE, UFS, BBEP,
Reduced Positions: BGP, GHQ, LINE, OMN,
Sold Out: AHD, HOL, IACI, LCAPA,
For the details of Seth Klarman's stock buys and sells, go to the Link Here
This is the sector weightings of Seth Klarman's portfolio:
These are the top 5 holdings of $GuruName
Added: News Corp. (NWS-A)
Seth Klarman added to his holdings in News Corp. by 62.31%. His purchase prices were between $5.25 and $8.63, with an estimated average price of $6.6. The impact to his portfolio due to this purchase was 6.92%. His holdings were 27,500,000 shares as of 03/31/2009.
NEWS CORPORATION is a diversified entertainment company with operations in eight industry segments: filmed entertainment; television; cable network programming; direct broadcast satellite television; magazines and inserts; newspapers and information services; book publishing; and other. The activities of News Corporation are conducted principally in the United States Continental Europe the United Kingdom Australia Asia and the Pacific Basin. News Corp. has a market cap of $15.45 billion; its shares were traded at around $0 with a P/E ratio of 6.86 and P/S ratio of 0.47. The dividend yield of News Corp. stocks is 1.41%. News Corp. had an annual average earning growth of 17.2% over the past 5 years.
Added: CapitalSource Inc. (CSE, Financial)
Seth Klarman added to his holdings in CapitalSource Inc. by 765.81%. His purchase prices were between $1 and $4.13, with an estimated average price of $2.6. The impact to his portfolio due to this purchase was 3.18%. His holdings were 29,798,107 shares as of 03/31/2009.
CapitalSource is a specialized commercial finance company offering asset- based senior cash flow and mezzanine financing to small and mid-sized borrowers through three focused lending units: Corporate Finance Healthcare Finance and Structured Finance. CapitalSource Inc. has a market cap of $1.04 billion; its shares were traded at around $3.44 with a P/E ratio of 5.6 and P/S ratio of 0.8. The dividend yield of CapitalSource Inc. stocks is 1.3%. CapitalSource Inc. had an annual average earning growth of 44.3% over the past 5 years.
Added: FACET BIOTECH CORPORATION (FACT, Financial)
Seth Klarman added to his holdings in FACET BIOTECH CORPORATION by 57.8%. His purchase prices were between $6.08 and $8.84, with an estimated average price of $7. The impact to his portfolio due to this purchase was 1.51%. His holdings were 4,374,407 shares as of 03/31/2009.
Facet Biotech Corporation offers biotechnology research services for drug and pharmaceutical products development. It is dedicated to advancing its pipeline of four clinical-stage products and leveraging its research and development capabilities to identify and develop new drugs. The ultimate goal of the company is of developing therapeutics that will improve people?s lives. The company is based in Redwood City California. FACET BIOTECH CORPORATION has a market cap of $222.7 million; its shares were traded at around $9.06 with and P/S ratio of 12.1.
Added: PDL BioPharma Inc. (PDLI, Financial)
Seth Klarman added to his holdings in PDL BioPharma Inc. by 8.33%. His purchase prices were between $5.22 and $7.08, with an estimated average price of $5.9. The impact to his portfolio due to this purchase was 0.84%. His holdings were 15,559,608 shares as of 03/31/2009.
Protein Design Labs Inc. is a biopharmaceutical company focused on the research development and commercialization of novel therapies for inflammation and autoimmune diseases acute cardiac conditions and cancer. PDL markets several biopharmaceutical products in the United States through its hospital sales force and wholly-owned subsidiary ESP Pharma Inc. As a leader in the development of humanized antibodies PDL has licensed its patents to numerous pharmaceutical and biotechnology companies some of which are now paying royalties on net sales of licensed products. PDL BioPharma Inc. has a market cap of $812.2 million; its shares were traded at around $6.8 with a P/E ratio of 6.7 and P/S ratio of 2.8. The dividend yield of PDL BioPharma Inc. stocks is 14.8%.
Added: Domtar Corp. (UFS, Financial)
Seth Klarman added to his holdings in Domtar Corp. by 21.32%. His purchase prices were between $0.63 and $1.9, with an estimated average price of $1.2. The impact to his portfolio due to this purchase was 0.67%. His holdings were 40,585,858 shares as of 03/31/2009.
Domtar is a major North American manufacturer of pulp and forest products fine papers and packaging that fosters sustainable development through the rigorous application of its integrated forest management policy. A leading manufacturer and marketer of printing and writing papers Domtar is also a significant Canadian producer of containerboard and corrugated containers and a major Eastern Canadian lumber producer. Domtar Corp. has a market cap of $708.2 million; its shares were traded at around $1.43 with a P/E ratio of 28.6 and P/S ratio of 0.1.
Added: BREITBURN ENERGY PARTNERS, L.P. - COMMON UNITS REP (BBEP, Financial)
Seth Klarman added to his holdings in BREITBURN ENERGY PARTNERS, L.P. - COMMON UNITS REP by 4.15%. His purchase prices were between $6.11 and $7.71, with an estimated average price of $6.9. The impact to his portfolio due to this purchase was 0.22%. His holdings were 8,495,939 shares as of 03/31/2009.
BreitBurn Energy Partners L.P. is an independent oil and gas limited partnership recently formed by a subsidiary of Provident Energy Trust focused on the acquisition exploitation and development of oil and gas properties. BreitBurn's assets consist primarily of producing and non-producing crude oil reserves located in the Los Angeles Basin in California and the Wind River and Big Horn Basins in central Wyoming. BREITBURN ENERGY PARTNERS, L.P. - COMMON UNITS REP has a market cap of $406.4 million; its shares were traded at around $7.7 with a P/E ratio of 4.2 and P/S ratio of 0.5. The dividend yield of BREITBURN ENERGY PARTNERS, L.P. - COMMON UNITS REP stocks is 27%.
Added: RHI Entertainment Inc. (RHIE, Financial)
Seth Klarman added to his holdings in RHI Entertainment Inc. by 33.83%. His purchase prices were between $1.15 and $6.63, with an estimated average price of $3.5. The impact to his portfolio due to this purchase was 0.19%. His holdings were 4,900,551 shares as of 03/31/2009.
RHI Entertainment develops produces and distributes new made-for-television movies miniseries and other television programming worldwide and is the leading provider of new long-form television content in the United States. Under the leadership of Robert Halmi Sr. and Robert Halmi Jr. RHI has produced and distributed thousands of hours of quality television programming and RHI?s productions have received more than hundred Emmy Awards. During 2007 RHI developed produced and distributed 43 new television movies and miniseries to broadcast and cable networks around the world. In addition to the development production and distribution of new content RHI owns rights to approximately 1000 titles or over 3500 broadcast hours of long-form television programming which are licensed to broadcast and cable networks and new media outlets globally. RHI Entertainment Inc. has a market cap of $43.8 million; its shares were traded at around $3.24 with and P/S ratio of 0.2.
Reduced: Borders Group Inc. (BGP, Financial)
Seth Klarman reduced to his holdings in Borders Group Inc. by 38.15%. His sale prices were between $0.44 and $0.74, with an estimated average price of $0.6. The impact to his portfolio due to this sale was -0.02%. Seth Klarman still held 1,031,176 shares as of 03/31/2009.
Borders Group Inc. through its subsidiaries is a premier operator of book and music stores. Borders Group Inc. conducts its business via superstores mall-based stores or the Internet. The company's presence is felt not only in the U.S. but worldwide. Borders Group Inc. has a market cap of $124.9 million; its shares were traded at around $2.1 .
Reduced: GHL ACQUISITION CORP (GHQ, Financial)
Seth Klarman reduced to his holdings in GHL ACQUISITION CORP by 91.14%. His sale prices were between $9.18 and $9.42, with an estimated average price of $9.3. The impact to his portfolio due to this sale was -0.17%. Seth Klarman still held 199,462 shares as of 03/31/2009.
GHL ACQUISITION CORP. is a newly formed blank check company organized for the purpose of effecting a merger capital stock exchange asset acquisition stock purchase reorganization or other similar business combination with one or more businesses or assets which they refer to as their initial business combination. The Company will not limit its efforts in identifying a prospective target business to a particular industry. Instead they will focus on industries and target businesses in the United States and Europe that may provide significant opportunity for growth. GHL ACQUISITION CORP has a market cap of $463.2 million; its shares were traded at around $9.55 .
Reduced: Linn Energy LLC (LINE, Financial)
Seth Klarman reduced to his holdings in Linn Energy LLC by 50%. His sale prices were between $12.69 and $15.76, with an estimated average price of $14.4. The impact to his portfolio due to this sale was -2.95%. Seth Klarman still held 4,000,000 shares as of 03/31/2009.
Linn Energy LLC is an independent oil and gas company focused on the development and acquisition of long-lived properties which complement its asset profile in producing basins within the United States. Its goal is to provide stability and growth in distributions to our unitholders through a combination of continued successful drilling and acquisitions. Linn Energy LLC has a market cap of $1.89 billion; its shares were traded at around $16.58 with a P/E ratio of 10.1 and P/S ratio of 1.3. The dividend yield of Linn Energy LLC stocks is 15.2%.
Sold Out: CHINA HLDGS ACQ CP (HOL, Financial)
Seth Klarman sold out his holdings in CHINA HLDGS ACQ CP. His sale prices were between $9.1 and $9.34, with an estimated average price of $9.2. The impact to his portfolio due to this sale was less than 0.01%.
China Holdings Inc. is a diversified global assets holding company. The Company and its subsidiaries engage in multiple China-focused business activities including energy renewable energy resources utilities real estate finance and pharmaceutical. Its objective is to achieve long-term capital appreciation through investment in companies and other entities with significant assets investments production activities trading or other business interests in China or/and worldwide or/and which derive a significant part of their revenue from China or/and worldwide. CHINA HLDGS ACQ CP has a market cap of $150.6 million; its shares were traded at around $9.4101 .
Sold Out: IAC/InterActiveCorp (IACI)
Seth Klarman sold out his holdings in IAC/InterActiveCorp. His sale prices were between $14.11 and $15.38, with an estimated average price of $14.9. The impact to his portfolio due to this sale was less than 0.01%.
IAC/InterActiveCorp is the world's leading multi-brand interactive commerce company. IAC consists of IAC Travel which includes Expedia Inc. Hotels.com Hotwire Interval International and TV Travel Shop; HSN; Ticketmaster which oversees ReserveAmerica; Match.com; LendingTree; Precision Response Corporation; IAC Local and Media Services which includes Citysearch Evite Entertainment Publications Inc. and TripAdvisor Inc.; and IAC Interactive Development which includes ZeroDegrees. IAC/InterActiveCorp has a market cap of $2.14 billion; its shares were traded at around $15.15 with a P/E ratio of 30.3 and P/S ratio of 1.5. IAC/InterActiveCorp had an annual average earning growth of 4.5% over the past 10 years.
Sold Out: Liberty Media Corp. Capital Common Serie (LCAPA)
Seth Klarman sold out his holdings in Liberty Media Corp. Capital Common Serie. His sale prices were between $4.79 and $7.37, with an estimated average price of $5.6. The impact to his portfolio due to this sale was less than 0.01%.
Liberty Media Corporation owns interests in a broad range of electronic retailing media communications and entertainment businesses. Those interests are attributed to three tracking stock groups: (1) the Liberty Interactive group which includes Liberty's interests in QVC.com Provide Commerce Backcountry.com BUYSEASONS Bodybuilding.com IAC/InterActiveCorp and Expedia (2) the Liberty Entertainment Group which includes Liberty's interests in the DIRECTV Group Inc. Starz Entertainment FUN Technologies Inc. GSN LLC WildBlue Communications Inc. and Liberty Sports Holdings LLC and (3) the Liberty Capital group which includes all businesses assets and liabilities not attributed to the Interactive Group or the Entertainment Group including our subsidiaries Starz Media LLC Atlanta National League Baseball Club Inc. and TruePosition Inc. and minority equity investments in Time Warner Inc. and Sprint Nextel Corporation. Liberty Media Corp. Capital Common Serie has a market cap of $1.1 billion; its shares were traded at around $12.18 with a P/E ratio of 1.3 and P/S ratio of 0.1.
Sold Out: Atlas Pipeline Holdings L.P. (AHD)
Seth Klarman sold out his holdings in Atlas Pipeline Holdings L.P.. His sale prices were between $0.79 and $5.04, with an estimated average price of $2.2. The impact to his portfolio due to this sale was less than 0.01%.
Atlas Pipeline Holdings L.P. an energy services provider together with its subsidiaries engages in the transmission gathering and processing of natural gas and natural gas liquids in the United States. It owns a natural gas pipeline processing plants and natural gas gathering systems in its two principal areas of operations. The company is based in Moon Township Pennsylvania. Atlas Pipeline Holdings L.P. has a market cap of $69.1 million; its shares were traded at around $2.5 with a P/E ratio of 19.2 and P/S ratio of 0.1. The dividend yield of Atlas Pipeline Holdings L.P. stocks is 9.7%.
Reduced: OMNOVA Solutions Inc. (OMN)
Seth Klarman reduced to his holdings in OMNOVA Solutions Inc. by 45.23%. The impact to his portfolio due to this sale was 0.74%. Seth Klarman still held 3,242,800 shares as of 03/31/2009.
Omnova Solutions Inc. develops manufactures and markets emulsion polymersspecialty chemicals and decorative and building products for a variety ofindustrial commercial and consumer markets. The Performance Chemicals unit's broad range of emulsion polymers and specialty chemicals are used as coatings binders adhesives and additives for paper carpet textile and various other industries. OMNOVA Solutions Inc. has a market cap of $113.1 million; its shares were traded at around $2.58 with a P/E ratio of 42.9 and P/S ratio of 0.1. OMNOVA Solutions Inc. had an annual average earning growth of 2.1% over the past 5 years.
Seth Klarman sells Atlas Pipeline Holdings L.P., Centerplate Inc, CHINA HLDGS ACQ CP, IAC/InterActiveCorp, Liberty Media Corp. Capital Common Serie during the 3-months ended 03/31/2009, according to the most recent filings of his investment company, The Baupost Group.
Added Positions: BBEP, CSE, FACT, NWS-A, PDLI, RHIE, UFS, BBEP,
Reduced Positions: BGP, GHQ, LINE, OMN,
Sold Out: AHD, HOL, IACI, LCAPA,
For the details of Seth Klarman's stock buys and sells, go to the Link Here
This is the sector weightings of Seth Klarman's portfolio:
| Technology |  2.5% |
|---|---|
| Financials | 3.8% |
| Consumer Services | 31.9% |
| Health Care | 27.9% |
| Consumer Goods | 3.6% |
| Industrials | 2.7% |
| Basic Materials | 3.8% |
| Oil & Gas | 19.4% |
These are the top 5 holdings of $GuruName
- News Corp. (NWS-A) - 27,500,000 shares, 18.03% of the total portfolio
- Theravance Inc. (THRX) - 9,033,741 shares, 15.21% of the total portfolio
- PDL BioPharma Inc. (PDLI) - 15,559,608 shares, 10.91% of the total portfolio
- Liberty Media Corp. Series A Liberty Ent (LMDIA) - 4,162,901 shares, 8.22% of the total portfolio
- EXTERRAN HOLDINGS INC. (EXH) - 4,928,925 shares, 7.82% of the total portfolio
Added: News Corp. (NWS-A)
Seth Klarman added to his holdings in News Corp. by 62.31%. His purchase prices were between $5.25 and $8.63, with an estimated average price of $6.6. The impact to his portfolio due to this purchase was 6.92%. His holdings were 27,500,000 shares as of 03/31/2009.
NEWS CORPORATION is a diversified entertainment company with operations in eight industry segments: filmed entertainment; television; cable network programming; direct broadcast satellite television; magazines and inserts; newspapers and information services; book publishing; and other. The activities of News Corporation are conducted principally in the United States Continental Europe the United Kingdom Australia Asia and the Pacific Basin. News Corp. has a market cap of $15.45 billion; its shares were traded at around $0 with a P/E ratio of 6.86 and P/S ratio of 0.47. The dividend yield of News Corp. stocks is 1.41%. News Corp. had an annual average earning growth of 17.2% over the past 5 years.
Added: CapitalSource Inc. (CSE, Financial)
Seth Klarman added to his holdings in CapitalSource Inc. by 765.81%. His purchase prices were between $1 and $4.13, with an estimated average price of $2.6. The impact to his portfolio due to this purchase was 3.18%. His holdings were 29,798,107 shares as of 03/31/2009.
CapitalSource is a specialized commercial finance company offering asset- based senior cash flow and mezzanine financing to small and mid-sized borrowers through three focused lending units: Corporate Finance Healthcare Finance and Structured Finance. CapitalSource Inc. has a market cap of $1.04 billion; its shares were traded at around $3.44 with a P/E ratio of 5.6 and P/S ratio of 0.8. The dividend yield of CapitalSource Inc. stocks is 1.3%. CapitalSource Inc. had an annual average earning growth of 44.3% over the past 5 years.
Added: FACET BIOTECH CORPORATION (FACT, Financial)
Seth Klarman added to his holdings in FACET BIOTECH CORPORATION by 57.8%. His purchase prices were between $6.08 and $8.84, with an estimated average price of $7. The impact to his portfolio due to this purchase was 1.51%. His holdings were 4,374,407 shares as of 03/31/2009.
Facet Biotech Corporation offers biotechnology research services for drug and pharmaceutical products development. It is dedicated to advancing its pipeline of four clinical-stage products and leveraging its research and development capabilities to identify and develop new drugs. The ultimate goal of the company is of developing therapeutics that will improve people?s lives. The company is based in Redwood City California. FACET BIOTECH CORPORATION has a market cap of $222.7 million; its shares were traded at around $9.06 with and P/S ratio of 12.1.
Added: PDL BioPharma Inc. (PDLI, Financial)
Seth Klarman added to his holdings in PDL BioPharma Inc. by 8.33%. His purchase prices were between $5.22 and $7.08, with an estimated average price of $5.9. The impact to his portfolio due to this purchase was 0.84%. His holdings were 15,559,608 shares as of 03/31/2009.
Protein Design Labs Inc. is a biopharmaceutical company focused on the research development and commercialization of novel therapies for inflammation and autoimmune diseases acute cardiac conditions and cancer. PDL markets several biopharmaceutical products in the United States through its hospital sales force and wholly-owned subsidiary ESP Pharma Inc. As a leader in the development of humanized antibodies PDL has licensed its patents to numerous pharmaceutical and biotechnology companies some of which are now paying royalties on net sales of licensed products. PDL BioPharma Inc. has a market cap of $812.2 million; its shares were traded at around $6.8 with a P/E ratio of 6.7 and P/S ratio of 2.8. The dividend yield of PDL BioPharma Inc. stocks is 14.8%.
Added: Domtar Corp. (UFS, Financial)
Seth Klarman added to his holdings in Domtar Corp. by 21.32%. His purchase prices were between $0.63 and $1.9, with an estimated average price of $1.2. The impact to his portfolio due to this purchase was 0.67%. His holdings were 40,585,858 shares as of 03/31/2009.
Domtar is a major North American manufacturer of pulp and forest products fine papers and packaging that fosters sustainable development through the rigorous application of its integrated forest management policy. A leading manufacturer and marketer of printing and writing papers Domtar is also a significant Canadian producer of containerboard and corrugated containers and a major Eastern Canadian lumber producer. Domtar Corp. has a market cap of $708.2 million; its shares were traded at around $1.43 with a P/E ratio of 28.6 and P/S ratio of 0.1.
Added: BREITBURN ENERGY PARTNERS, L.P. - COMMON UNITS REP (BBEP, Financial)
Seth Klarman added to his holdings in BREITBURN ENERGY PARTNERS, L.P. - COMMON UNITS REP by 4.15%. His purchase prices were between $6.11 and $7.71, with an estimated average price of $6.9. The impact to his portfolio due to this purchase was 0.22%. His holdings were 8,495,939 shares as of 03/31/2009.
BreitBurn Energy Partners L.P. is an independent oil and gas limited partnership recently formed by a subsidiary of Provident Energy Trust focused on the acquisition exploitation and development of oil and gas properties. BreitBurn's assets consist primarily of producing and non-producing crude oil reserves located in the Los Angeles Basin in California and the Wind River and Big Horn Basins in central Wyoming. BREITBURN ENERGY PARTNERS, L.P. - COMMON UNITS REP has a market cap of $406.4 million; its shares were traded at around $7.7 with a P/E ratio of 4.2 and P/S ratio of 0.5. The dividend yield of BREITBURN ENERGY PARTNERS, L.P. - COMMON UNITS REP stocks is 27%.
Added: RHI Entertainment Inc. (RHIE, Financial)
Seth Klarman added to his holdings in RHI Entertainment Inc. by 33.83%. His purchase prices were between $1.15 and $6.63, with an estimated average price of $3.5. The impact to his portfolio due to this purchase was 0.19%. His holdings were 4,900,551 shares as of 03/31/2009.
RHI Entertainment develops produces and distributes new made-for-television movies miniseries and other television programming worldwide and is the leading provider of new long-form television content in the United States. Under the leadership of Robert Halmi Sr. and Robert Halmi Jr. RHI has produced and distributed thousands of hours of quality television programming and RHI?s productions have received more than hundred Emmy Awards. During 2007 RHI developed produced and distributed 43 new television movies and miniseries to broadcast and cable networks around the world. In addition to the development production and distribution of new content RHI owns rights to approximately 1000 titles or over 3500 broadcast hours of long-form television programming which are licensed to broadcast and cable networks and new media outlets globally. RHI Entertainment Inc. has a market cap of $43.8 million; its shares were traded at around $3.24 with and P/S ratio of 0.2.
Reduced: Borders Group Inc. (BGP, Financial)
Seth Klarman reduced to his holdings in Borders Group Inc. by 38.15%. His sale prices were between $0.44 and $0.74, with an estimated average price of $0.6. The impact to his portfolio due to this sale was -0.02%. Seth Klarman still held 1,031,176 shares as of 03/31/2009.
Borders Group Inc. through its subsidiaries is a premier operator of book and music stores. Borders Group Inc. conducts its business via superstores mall-based stores or the Internet. The company's presence is felt not only in the U.S. but worldwide. Borders Group Inc. has a market cap of $124.9 million; its shares were traded at around $2.1 .
Reduced: GHL ACQUISITION CORP (GHQ, Financial)
Seth Klarman reduced to his holdings in GHL ACQUISITION CORP by 91.14%. His sale prices were between $9.18 and $9.42, with an estimated average price of $9.3. The impact to his portfolio due to this sale was -0.17%. Seth Klarman still held 199,462 shares as of 03/31/2009.
GHL ACQUISITION CORP. is a newly formed blank check company organized for the purpose of effecting a merger capital stock exchange asset acquisition stock purchase reorganization or other similar business combination with one or more businesses or assets which they refer to as their initial business combination. The Company will not limit its efforts in identifying a prospective target business to a particular industry. Instead they will focus on industries and target businesses in the United States and Europe that may provide significant opportunity for growth. GHL ACQUISITION CORP has a market cap of $463.2 million; its shares were traded at around $9.55 .
Reduced: Linn Energy LLC (LINE, Financial)
Seth Klarman reduced to his holdings in Linn Energy LLC by 50%. His sale prices were between $12.69 and $15.76, with an estimated average price of $14.4. The impact to his portfolio due to this sale was -2.95%. Seth Klarman still held 4,000,000 shares as of 03/31/2009.
Linn Energy LLC is an independent oil and gas company focused on the development and acquisition of long-lived properties which complement its asset profile in producing basins within the United States. Its goal is to provide stability and growth in distributions to our unitholders through a combination of continued successful drilling and acquisitions. Linn Energy LLC has a market cap of $1.89 billion; its shares were traded at around $16.58 with a P/E ratio of 10.1 and P/S ratio of 1.3. The dividend yield of Linn Energy LLC stocks is 15.2%.
Sold Out: CHINA HLDGS ACQ CP (HOL, Financial)
Seth Klarman sold out his holdings in CHINA HLDGS ACQ CP. His sale prices were between $9.1 and $9.34, with an estimated average price of $9.2. The impact to his portfolio due to this sale was less than 0.01%.
China Holdings Inc. is a diversified global assets holding company. The Company and its subsidiaries engage in multiple China-focused business activities including energy renewable energy resources utilities real estate finance and pharmaceutical. Its objective is to achieve long-term capital appreciation through investment in companies and other entities with significant assets investments production activities trading or other business interests in China or/and worldwide or/and which derive a significant part of their revenue from China or/and worldwide. CHINA HLDGS ACQ CP has a market cap of $150.6 million; its shares were traded at around $9.4101 .
Sold Out: IAC/InterActiveCorp (IACI)
Seth Klarman sold out his holdings in IAC/InterActiveCorp. His sale prices were between $14.11 and $15.38, with an estimated average price of $14.9. The impact to his portfolio due to this sale was less than 0.01%.
IAC/InterActiveCorp is the world's leading multi-brand interactive commerce company. IAC consists of IAC Travel which includes Expedia Inc. Hotels.com Hotwire Interval International and TV Travel Shop; HSN; Ticketmaster which oversees ReserveAmerica; Match.com; LendingTree; Precision Response Corporation; IAC Local and Media Services which includes Citysearch Evite Entertainment Publications Inc. and TripAdvisor Inc.; and IAC Interactive Development which includes ZeroDegrees. IAC/InterActiveCorp has a market cap of $2.14 billion; its shares were traded at around $15.15 with a P/E ratio of 30.3 and P/S ratio of 1.5. IAC/InterActiveCorp had an annual average earning growth of 4.5% over the past 10 years.
Sold Out: Liberty Media Corp. Capital Common Serie (LCAPA)
Seth Klarman sold out his holdings in Liberty Media Corp. Capital Common Serie. His sale prices were between $4.79 and $7.37, with an estimated average price of $5.6. The impact to his portfolio due to this sale was less than 0.01%.
Liberty Media Corporation owns interests in a broad range of electronic retailing media communications and entertainment businesses. Those interests are attributed to three tracking stock groups: (1) the Liberty Interactive group which includes Liberty's interests in QVC.com Provide Commerce Backcountry.com BUYSEASONS Bodybuilding.com IAC/InterActiveCorp and Expedia (2) the Liberty Entertainment Group which includes Liberty's interests in the DIRECTV Group Inc. Starz Entertainment FUN Technologies Inc. GSN LLC WildBlue Communications Inc. and Liberty Sports Holdings LLC and (3) the Liberty Capital group which includes all businesses assets and liabilities not attributed to the Interactive Group or the Entertainment Group including our subsidiaries Starz Media LLC Atlanta National League Baseball Club Inc. and TruePosition Inc. and minority equity investments in Time Warner Inc. and Sprint Nextel Corporation. Liberty Media Corp. Capital Common Serie has a market cap of $1.1 billion; its shares were traded at around $12.18 with a P/E ratio of 1.3 and P/S ratio of 0.1.
Sold Out: Atlas Pipeline Holdings L.P. (AHD)
Seth Klarman sold out his holdings in Atlas Pipeline Holdings L.P.. His sale prices were between $0.79 and $5.04, with an estimated average price of $2.2. The impact to his portfolio due to this sale was less than 0.01%.
Atlas Pipeline Holdings L.P. an energy services provider together with its subsidiaries engages in the transmission gathering and processing of natural gas and natural gas liquids in the United States. It owns a natural gas pipeline processing plants and natural gas gathering systems in its two principal areas of operations. The company is based in Moon Township Pennsylvania. Atlas Pipeline Holdings L.P. has a market cap of $69.1 million; its shares were traded at around $2.5 with a P/E ratio of 19.2 and P/S ratio of 0.1. The dividend yield of Atlas Pipeline Holdings L.P. stocks is 9.7%.
Reduced: OMNOVA Solutions Inc. (OMN)
Seth Klarman reduced to his holdings in OMNOVA Solutions Inc. by 45.23%. The impact to his portfolio due to this sale was 0.74%. Seth Klarman still held 3,242,800 shares as of 03/31/2009.
Omnova Solutions Inc. develops manufactures and markets emulsion polymersspecialty chemicals and decorative and building products for a variety ofindustrial commercial and consumer markets. The Performance Chemicals unit's broad range of emulsion polymers and specialty chemicals are used as coatings binders adhesives and additives for paper carpet textile and various other industries. OMNOVA Solutions Inc. has a market cap of $113.1 million; its shares were traded at around $2.58 with a P/E ratio of 42.9 and P/S ratio of 0.1. OMNOVA Solutions Inc. had an annual average earning growth of 2.1% over the past 5 years.
