We are live on
!
Find out more
HCM
Highfields Capital Management Portfolio holdings
AUM
$68.3M
Turnover
50%
1-Year Est. Return
21.64%
This Fund
S&P 500
This Quarter
Est. Return
+3.86%
1 Year Est. Return
-21.64%
3 Year Est. Return
-4.74%
5 Year Est. Return
+9.61%
10 Year Est. Return
–
AUM
$12.1B
AUM Growth
+$1.38B
(+13%)
Cap. Flow
+$973M
Cap. Flow
% of AUM
8.08%
Top 10 Holdings %
Top 10 Hldgs %
49.87%
Holding
85
New
13
Increased
20
Reduced
13
Closed
16
Avg Time Held Equity + Options
1.3
years
Top 10 Avg Time Held Equity + Options
0.9
years
Top 20 Avg Time Held Equity + Options
1
year
Avg Time Held Equity only
1.4
years
Top 10 Avg Time Held Equity only
0.9
years
Top 20 Avg Time Held Equity only
1.2
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Teva Pharmaceutical Industries Limited
TEVA
|
+$347M |
| 2 |
FedEx
FDX
|
+$298M |
| 3 |
Invesco
IVZ
|
+$285M |
| 4 |
American Tower
AMT
|
+$251M |
| 5 |
Cognizant
CTSH
|
+$242M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class C
GOOG
|
+$229M |
| 2 |
Suncor Energy
SU
|
+$194M |
| 3 |
Anadarko Petroleum
APC
|
+$175M |
| 4 |
Williams Companies
WMB
|
+$157M |
| 5 |
CF Industries
CF
|
+$156M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 19.37% |
| 2 | Communication Services | 13.72% |
| 3 | Healthcare | 13.72% |
| 4 | Financials | 12.11% |
| 5 | Miscellaneous | 10.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
26
Gen Digital
GEN
$14.2B
| $131M | 1.09% |
+5,500,000
| New | +$135M |
2016 Q4
0 quarters
|
|
27
iShares Russell 2000 Growth ETF
IWO
$13.5B
| $129M | 1.07% |
840,000
| – | – |
2013 Q2
14 quarters
|
|
|
RAD
28
DELISTED
Rite Aid Corporation
RAD
| $124M | 1.03% |
750,000
+100,000
| +15% | +$15.1M |
2016 Q3
1 quarter
|
|
29
TripAdvisor
TRIP
$1.05B
| $119M | 0.98% |
2,555,542
+1,000,000
| +64% | +$55M |
2015 Q3
5 quarters
|
|
30
Coca-Cola Europacific Partners
CCEP
$47.1B
| $114M | 0.95% |
3,638,661
+2,634,911
| +263% | +$92.8M |
2016 Q1
3 quarters
|
|
31
Televisa
TV
$1.25B
| $109M | 0.91% |
5,225,200
+4,955,000
| +1,834% | +$114M |
2013 Q3
13 quarters
|
|
|
32
Williams Companies
WMB
$89B
| $105M | 0.87% |
3,384,454
-5,200,658
| -61% | -$157M |
2015 Q3
5 quarters
|
|
|
AGN
33
DELISTED
Allergan plc
AGN
| $99.8M | 0.83% |
475,000
+75,000
| +19% | +$15.5M |
2016 Q2
2 quarters
|
|
34
Lowe's Companies
LOW
$106B
| $99.6M | 0.83% |
+1,400,000
| New | +$99.1M |
2016 Q4
0 quarters
|
|
35
Kinder Morgan
KMI
$74.3B
| $98.4M | 0.82% |
+4,750,000
| New | +$100M |
2016 Q4
0 quarters
|
|
36
iShares MSCI Mexico ETF
EWW
$1.43B
| $97.6M | 0.81% |
+2,219,000
| New | +$104M |
2016 Q4
0 quarters
|
|
37
Pfizer
PFE
$166B
| $93M | 0.77% |
3,017,208
| – | – |
2016 Q1
3 quarters
|
|
38
Halliburton
HAL
$27.4B
| $87.3M | 0.72% |
1,614,864
| – | – |
2015 Q1
7 quarters
|
|
|
VER
39
DELISTED
VEREIT, Inc.
VER
| $80.4M | 0.67% |
1,901,000
| – | – |
2015 Q1
7 quarters
|
|
40
MGM Resorts International
MGM
$7.29B
| $75.3M | 0.62% |
2,610,306
-3,850,000
| -60% | -$107M |
2015 Q2
6 quarters
|
|
41
PUT
Tesla
TSLA
$1.45T
| $74.8M | 0.62% |
5,250,000
+3,750,000
| +250% | +$49.3M |
2016 Q1
3 quarters
|
|
42
CVS Health
CVS
$116B
| $74.7M | 0.62% |
+946,100
| New | +$76.6M |
2016 Q4
0 quarters
|
|
43
Walmart Inc
WMT
$922B
| $69.1M | 0.57% |
+3,000,000
| New | +$70M |
2016 Q4
0 quarters
|
|
44
Colgate-Palmolive
CL
$74B
| $65.4M | 0.54% |
1,000,000
| – | – |
2016 Q1
3 quarters
|
|
45
AerCap
AER
$22.7B
| $62.9M | 0.52% |
1,512,136
-2,075,000
| -58% | -$87.3M |
2015 Q3
5 quarters
|
|
46
Vodafone
VOD
$35.9B
| $62M | 0.51% |
2,537,817
+2,211,000
| +677% | +$58.2M |
2013 Q2
14 quarters
|
|
47
Liberty Global Class A
LBTYA
$2.79B
| $61.2M | 0.51% |
2,000,000
| – | – |
2016 Q3
1 quarter
|
|
|
FNFV
48
DELISTED
Fidelity Natl Financial, Inc.
FNFV
| $60.3M | 0.5% |
4,400,457
| – | – |
2014 Q3
9 quarters
|
|
|
SYT
49
DELISTED
Syngenta Ag
SYT
| $53.9M | 0.45% |
682,381
| – | – |
2016 Q3
1 quarter
|
|
50
Cenovus Energy
CVE
$60.2B
| $53.4M | 0.44% |
3,526,485
+2,526,485
| +253% | +$38M |
2016 Q3
1 quarter
|
|
Similar funds
AFNAS
PP
HCS
VF
DP
KCP
TCMV
SCG
Highfields Capital Management's Q4 2016 Portfolio in Review
As of Q4 2016, Highfields Capital Management held 85 positions worth $12.1B, up 13% from $10.7B the previous quarter. Its ten largest holdings account for 50% of the portfolio.
Highfields Capital Management deployed $973M of net new capital in Q4 2016, opening 13 new positions and adding to 20 existing holdings. Its largest new stake was FedEx: 1,621,385 shares worth $302M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 19% of assets, up from 19% a quarter earlier, followed by Communication Services and Healthcare.
On the sell side, the largest reduction was Alphabet (Google) Class C, an estimated $229M trimmed.
- Highfields Capital Management's largest Q4 2016 buy was FedEx: 1,621,385 shares worth $302M.
- Highfields Capital Management added most to Teva Pharmaceutical Industries Limited in Q4 2016, an estimated $347M increase.
- Highfields Capital Management's biggest Q4 2016 reduction was Alphabet (Google) Class C, cutting an estimated $229M.
- Highfields Capital Management fully exited Suncor Energy in Q4 2016, selling an estimated $194M.
- Highfields Capital Management's ten largest holdings make up 50% of its $12.1B portfolio in Q4 2016.
- Highfields Capital Management opened 13 new positions and closed 16 in Q4 2016.
- Highfields Capital Management's portfolio value rose 13% quarter-over-quarter to $12.1B.
Based on Highfields Capital Management's 13F filing for Q4 2016, filed 14 Feb 2017.