After years of fighting law-suits in court with Department of Justice, Bank of America Corp (NYSE:BAC) finally got rid of its long-standing burden by agreeing to pay almost $17 billion to federal authorities. The exact figure being $16.65 billion, it is the largest amount to be paid towards settlement of dispute by any single organization.…
David Einhorn Initiated New Positions In Northstar Realty Finance Corp. (NRF), AerCap Holdings N.V. (AER), and Chemtura Corp (CHMT)
Greenlight Capital’s portfolio, managed by David Einhorn, underwent some major changes according to the 13F SEC filing of the firm. The fund introduced stocks like AerCap Holdings N.V. (NYSE:AER), Northstar Realty Finance Corp. (NYSE:NRF), and Chemtura Corp (NYSE:CHMT). As mentioned in the 13F form, David Einhorn’s 13F portfolio registered investments of $7.18 billion as compared…
Buffett Initiate a new position in Charter Communications, Inc. (CHTR), increase his holdings in Verizon Communications Inc (VZ) and Suncor Energy Inc. (SU)
As per the 13F SEC filing from Berkshire Hathaway, Buffet has introduced Charter Communications, Inc. (NASDAQ:CHTR) in Berkshire’s portfolio with 2,309,013 shares worth $365 million in the second quarter 2014. Berkshire Hathaway even indicated that the company is buying stakes in Charter Communications, Inc. (NASDAQ:CHTR). CHTR currently forms 0.33% of the investment portfolio of Berkshire…
PPL Corporation (PPL), American Electric Power Company Inc (AEP), and Devon Energy Corp (DVN): Top Holdings Of Millennium Management LLC
Millennium Management LLC is a private hedge fund managed by Israel Englander with 13F portfolio of $31.6 billion at the end of second quarter. Millennium Management LLC filed 13F for the second quarter of 2014 and according to the SEC filing, the firm decreased its stake in the top three holdings including PPL Corporation (NYSE:PPL),…
The Dow Chemical Company (DOW), Ally Financial Inc (ALLY), and Actavis plc (ACT): Top Investments of Daniel Loeb’s Third Point LLC
Daniel Loeb’s Third Point LLC filed its 13F form for the second quarter 2014 on August 14, 2014. According to its 13F filing, the firm increased its stakes Rackspace Hosting, Inc. (NYSE:RAX) and IAC/InterActiveCorp (NASDAQ:IACI) while removing its investments in Verizon Communications Inc. (NYSE:VZ) and Google Inc (NASDAQ:GOOGL). The top three holdings of Third Point…
Allergan, Inc. (AGN), Air Products & Chemicals, Inc (APD), and Canadian Pacific Railway Limited (CP) Among Priority Stocks of Pershing Square Capital Management
Pershing Square Capital Management, managed by Bill Ackman, underwent some major changes by removing its stakes in Beam Suntory Inc (NYSE:BEAM), Home Properties, Inc. (NYSE:HME), and Apartment Investment and Management Co (NYSE:AIV), as shown in the recent 13F SEC filing of the company. Pershing Square Capital Management is among the most concentrated hedge funds with…
Apple Inc. (AAPL), International Business Machines Corp. (IBM), and Intel Corporation (INTC) among top three holdings of Bridgewater Associates, LP
Ray Dalio’s Bridgewater Associates LP filed its 13F form on August 12, 2014 with declared net value of $13,605 million and 66 new positions in the SEC filing. There were some major changes in the top holdings of Bridgewater Associates with 88.91% increase in Apple Inc. (NASDAQ:AAPL)’s shares, 55.18% increase in International Business Machines Corp.…
Google Inc (GOOG), Walgreen Company (WAG), Alcoa Inc (AA) Among Top Holdings of Duquesne Capital
Duquesne Capital, operated by Stanley Druckenmiller, filed its 13F SEC filing on August 14, 2014 with a net filed value of $1.4 billion and the fund has offered 54% quarter-over-quarter returns. Stanley Druckenmiller has invested largely in Healthcare industry (16.4%) followed by Energy sector (11.4%) and Basic Material (8.1%). Top three holdings of Duquesne Capital…
Icahn Enterprises LP (IEP), Apple Inc. (AAPL) and CVR Energy, Inc. (CVI): Icahn Capital’s Main Assets At the End Of Second Quarter
Carl Icahn has been holding Icahn Enterprises LP (NASDAQ:IEP) as his main asset since second quarter of 2011. Icahn has its Capital LP’s portfolio valued at $38.5 billion, 17% higher than what was reported at the first quarter filings. The Icahn Capital LP has provided Q2 F13 filings to the SEC on August 14, 2014.…
American Airlines Group Inc (AAL), General Motors Company (GM), Citigroup Inc (C): Appaloosa Management’s Top Holdings
Appaloosa management LP, headed by billionaire David Tepper, filed its 13F SEC filings on August 14, 2014 and the fund 13F file portfolio valued at $7,149 million at the end of the second quarter 2014. During second quarter, Tepper increased his stakes in Facebook Inc (NASDAQ:FB) and nearly doubled his General Motors Company (NYSE:GM) holdings.…