Fir Tree Capital Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Cadence Design Systems
CDNS
|
+$175M |
| 2 |
IPG
Interpublic Group of Companies
IPG
|
+$148M |
| 3 |
Viatris
VTRS
|
+$146M |
| 4 |
Avis
CAR
|
+$137M |
| 5 |
SCTY
SolarCity Corporation
SCTY
|
+$108M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Air Products & Chemicals
APD
|
+$253M |
| 2 |
Equinix
EQIX
|
+$201M |
| 3 |
Teekay
TK
|
+$139M |
| 4 |
MetLife
MET
|
+$138M |
| 5 |
HCA Healthcare
HCA
|
+$118M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 20.16% |
| 2 | Healthcare | 18.84% |
| 3 | Technology | 11.05% |
| 4 | Energy | 9.32% |
| 5 | Financials | 8.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
Cigna
CI
$79.6B
| – | – |
-499,480
| Closed | -$64.7M |
|
52
CALL
eBay
EBAY
$52.1B
| – | – |
-3,623,400
| Closed | -$88M |
|
53
Pangaea Logistics
PANL
$493M
| – | – |
-99,181
| Closed | -$271K |
|
54
Qualcomm
QCOM
$172B
| – | – |
-1,000,000
| Closed | -$69.3M |
|
|
55
Teekay
TK
$981M
| – | – |
-2,983,998
| Closed | -$139M |
|
|
MR
56
DELISTED
Montage Resources Corporation Common Stock
MR
| – | – |
-528,587
| Closed | -$44.6M |
|
|
SEMG
57
DELISTED
SEMGROUP CORPORATION
SEMG
| – | – |
-1,279,626
| Closed | -$104M |
|
|
TACO
58
DELISTED
Del Taco Restaurants, Inc. Common Stock
TACO
| – | – |
-706,800
| Closed | -$9.29M |
|
|
HOT
59
DELISTED
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
| – | – |
-596,000
| Closed | -$49.8M |
|
|
GCVRZ
60
DELISTED
Sanofi Contingent Value Rights
GCVRZ
| – | – |
-19,096,494
| Closed | -$12.9M |
|
Similar funds
Fir Tree Capital Management's Q2 2015 Portfolio in Review
As of Q2 2015, Fir Tree Capital Management held 73 positions worth $6.28B, down 10% from $7.01B the previous quarter. Its ten largest holdings account for 53% of the portfolio.
Fir Tree Capital Management withdrew a net $863M in Q2 2015, closing 16 positions and reducing 23 holdings. Its most notable exit was Air Products & Chemicals, an estimated $253M position sold in full.
By sector, the portfolio is most concentrated in Industrials at 20% of assets, up from 16% a quarter earlier, followed by Healthcare and Technology.
Against the trend, Fir Tree Capital Management opened a new position in Cadence Design Systems worth $177M.
- Fir Tree Capital Management's largest Q2 2015 buy was Cadence Design Systems: 9,020,138 shares worth $177M.
- Fir Tree Capital Management added most to Interpublic Group of Companies in Q2 2015, an estimated $148M increase.
- Fir Tree Capital Management's biggest Q2 2015 reduction was Equinix, cutting an estimated $201M.
- Fir Tree Capital Management fully exited Air Products & Chemicals in Q2 2015, selling an estimated $253M.
- Fir Tree Capital Management's ten largest holdings make up 53% of its $6.28B portfolio in Q2 2015.
- Fir Tree Capital Management opened 7 new positions and closed 16 in Q2 2015.
- Fir Tree Capital Management's portfolio value fell 10% quarter-over-quarter to $6.28B.
Based on Fir Tree Capital Management's 13F filing for Q2 2015, filed 14 Aug 2015.