Yahoo! Inc. (YHOO), Liberty Interactive Corp (LINTA), AstraZeneca plc (ADR) (AZN): Top 3 New Stock Picks of Owl Creek Asset Management

Jeffrey Altman manages Owl Creek Asset Management, which started in June 2001 with best returns of 40% in 2007. It has a current portfolio of $2.03 billion with technology and service industry constituting majority of its current portfolio. Yahoo! Inc. (NASDAQ:YHOO), Liberty Interactive Corp (NASDAQ:LINTA), AstraZeneca plc (ADR) (NYSE:AZN) are the top three latest stock picks of Owl Creek Asset Management. (You can see complete list of Creek Asset Management’s holdings here).

Yahoo! Inc. (NASDAQ:YHOO) is the largest new stock pick in Owl Creek Asset Management’s portfolio with 4,350,226 shares worth $152 million. Yahoo! Inc. (NASDAQ:YHOO) reported net GAAP revenue of $1.08 billion with GAAP net earnings of 30 cents per share. D E Shaw is the biggest investor in Yahoo! Inc. (NASDAQ:YHOO) with investments worth $568 million followed by Jat Capital Management ($311 million) and Citadel Investment Group ($285 million).

Yahoo! Inc. (YHOO)

Liberty Interactive Corp (NASDAQ:LINTA) is another new addition in Owl Creek Asset Management with 4,470,733 shares worth $131 million. Liberty Interactive Corp (NASDAQ:LINTA) announced net revenue of $2.5 billion for the second quarter 2014 with an operating income of $255 million. FPR Partners is the largest investor of Liberty Interactive Corp (NASDAQ:LINTA) with $375 million in investments followed by Brahman Capital ($234 million) and Citadel Investment Group ($213 million).

AstraZeneca plc (ADR) (NYSE:AZN) comes at number three in terms of the latest addition to the portfolio of Owl Creek Asset Management with investments worth $111 million and 1,494,000 shares. AstraZeneca plc (ADR) (NYSE:AZN) reported net revenue of $6.45 billion for the second quarter 2014 with core earnings per share of $1.30. Mason Capital Management has the largest stake in AstraZeneca plc (ADR) (NYSE:AZN) at $248 million followed by Arrowstreet Capital ($235 million) and Pentwater Capital Management ($141 million).

This article has been written by Prakash Pandey.

 

Related posts

Top

Warren Buffett's Best Picks

Warren Buffett's these stock picks will crush the market over the next 12 months. Get our report FREE by becoming a member now