Eric Mandelblatt Soroban Capital Partners
Eric Mandelblatt is the founder of Soroban Capital Partners, a fundamental long/short equity firm. Soroban is known for research-intensive positions and a flexible approach across sectors. Mandelblatt’s public portfolio is followed among large fundamental hedge fund managers.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
APC
Anadarko Petroleum
APC
|
+$265M |
| 2 |
Air Products & Chemicals
APD
|
+$239M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$214M |
| 4 |
PARA
Paramount Global Class B
PARA
|
+$200M |
| 5 |
Autodesk
ADSK
|
+$99.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CenterPoint Energy
CNP
|
+$218M |
| 2 |
Coca-Cola Europacific Partners
CCEP
|
+$172M |
| 3 |
NLSN
Nielsen Holdings plc
NLSN
|
+$157M |
| 4 |
GNC
GNC Holdings, Inc.
GNC
|
+$110M |
| 5 |
Cheniere Energy
LNG
|
+$92.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 11.12% |
| 2 | Communication Services | 8.48% |
| 3 | Technology | 6.19% |
| 4 | Consumer Staples | 4.8% |
| 5 | Materials | 3.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
PUT
Chevron
CVX
$403B
| $232M | 1.32% |
+1,780,100
| New | +$221M |
|
27
Cadence Design Systems
CDNS
$87.9B
| $229M | 1.3% |
13,083,148
+16,758
| +0.1% | +$268K |
|
|
28
Alphabet (Google) Class C
GOOG
$4.18T
| $227M | 1.29% |
+7,901,635
| New | +$214M |
|
29
PUT
ConocoPhillips
COP
$162B
| $224M | 1.27% |
+2,617,000
| New | +$204M |
|
30
Huntsman Corp
HUN
$1.75B
| $212M | 1.21% |
7,549,102
-1,189,326
| -14% | -$31.1M |
|
31
CALL
Walmart Inc
WMT
$825B
| $191M | 1.08% |
+7,616,400
| New | +$196M |
|
32
NXP Semiconductors
NXPI
$56.9B
| $174M | 0.99% |
2,624,603
-847,797
| -24% | -$51.9M |
|
33
Corpay
CPAY
$27.4B
| $171M | 0.97% |
1,293,799
+339,000
| +36% | +$41.4M |
|
34
CALL
PepsiCo
PEP
$196B
| $164M | 0.93% |
+1,830,500
| New | +$158M |
|
|
NLSN
35
DELISTED
Nielsen Holdings plc
NLSN
| $137M | 0.78% |
2,825,836
-3,366,098
| -54% | -$157M |
|
36
Sinclair Inc
SBGI
$1.04B
| $132M | 0.75% |
3,805,830
+357,700
| +10% | +$10.4M |
|
|
WCC
37
WESCO International
WCC
$17B
| $112M | 0.64% |
1,298,716
| – | – |
|
|
38
CALL
Coca-Cola Europacific Partners
CCEP
$47.7B
| $110M | 0.62% |
+2,300,000
| New | +$106M |
|
39
CALL
Visa
V
$693B
| $105M | 0.6% |
+2,000,000
| New | +$105M |
|
40
CALL
Union Pacific
UNP
$183B
| $99.8M | 0.57% |
+1,000,000
| New | +$96.9M |
|
41
Nexstar Media Group
NXST
$5.73B
| $77.4M | 0.44% |
1,500,000
+917,874
| +158% | +$39.3M |
|
|
42
Coca-Cola Europacific Partners
CCEP
$47.7B
| $72.8M | 0.41% |
1,522,703
-3,723,703
| -71% | -$172M |
|
|
PX
43
CALL
DELISTED
Praxair Inc
PX
| $67.2M | 0.38% |
+506,100
| New | +$66.3M |
|
|
EQC
44
DELISTED
Equity Commonwealth
EQC
| $51.4M | 0.29% |
+1,952,826
| New | +$51.4M |
|
45
JD.com
JD
$39.7B
| $45.4M | 0.26% |
+1,592,602
| New | +$41.5M |
|
|
46
CALL
Autodesk
ADSK
$53.6B
| $42.3M | 0.24% |
+750,000
| New | +$38M |
|
47
PUT
Trinity Industries
TRN
$2.37B
| $38.6M | 0.22% |
+1,226,209
| New | +$34.8M |
|
|
SE
48
CALL
DELISTED
Spectra Energy Corp Wi
SE
| $10.6M | 0.06% |
+250,000
| New | +$10M |
|
|
49
CenterPoint Energy
CNP
$25.5B
| – | – |
-9,201,435
| Closed | -$218M |
|
50
Commault Systems
CVLT
$5.55B
| – | – |
-1,028,545
| Closed | -$66.8M |
|
Similar funds
Eric Mandelblatt's Q2 2014 Portfolio in Review
As of Q2 2014, Eric Mandelblatt held 57 positions worth $17.6B, up 123% from $7.91B the previous quarter. Its ten largest holdings account for 53% of the portfolio.
Eric Mandelblatt deployed $8.12B of net new capital in Q2 2014, opening 23 new positions and adding to 15 existing holdings. Its largest new stake was Anadarko Petroleum: 2,600,883 shares worth $285M.
By sector, the portfolio is most concentrated in Energy at 11% of assets, down from 16% a quarter earlier, followed by Communication Services and Technology.
On the sell side, the largest reduction was Coca-Cola Europacific Partners, an estimated $172M trimmed.
- Eric Mandelblatt's largest Q2 2014 buy was Anadarko Petroleum: 2,600,883 shares worth $285M.
- Eric Mandelblatt added most to Air Products & Chemicals in Q2 2014, an estimated $239M increase.
- Eric Mandelblatt's biggest Q2 2014 reduction was Coca-Cola Europacific Partners, cutting an estimated $172M.
- Eric Mandelblatt fully exited CenterPoint Energy in Q2 2014, selling an estimated $218M.
- Eric Mandelblatt's ten largest holdings make up 53% of its $17.6B portfolio in Q2 2014.
- Eric Mandelblatt opened 23 new positions and closed 9 in Q2 2014.
- Eric Mandelblatt's portfolio value rose 123% quarter-over-quarter to $17.6B.
Based on Soroban Capital Partners's 13F filing for Q2 2014, filed 14 Aug 2014.