We are live on ! Find out more
HCM

Highfields Capital Management Portfolio holdings

AUM $68.3M
1-Year Est. Return 21.64%
This Fund
S&P 500
This Quarter Est. Return
-0.62%
1 Year Est. Return
-21.64%
3 Year Est. Return
-4.74%
5 Year Est. Return
+9.61%
10 Year Est. Return
–
AUM
$12.8B
AUM Growth
-$792M
Cap. Flow
-$320M
Cap. Flow %
-2.49%
Top 10 Hldgs %
46.99%
Holding
108
New
17
Increased
17
Reduced
19
Closed
17

Top Buys

Rank Stock Value
1
DLTR icon
Dollar Tree
DLTR
+$331M
2
ENB icon
Enbridge
ENB
+$311M
3
TWX
Time Warner Inc
TWX
+$217M
4
MIK
Michaels Stores, Inc
MIK
+$178M
5
WBA
Walgreens Boots Alliance
WBA
+$165M

Top Sells

Rank Stock Value
1
CNQ icon
Canadian Natural Resources
CNQ
+$378M
2
BRCM
BROADCOM CORP CL-A
BRCM
+$227M
3
LLY icon
Eli Lilly
LLY
+$196M
4
MDLZ icon
Mondelez International
MDLZ
+$164M
5
MET icon
MetLife
MET
+$155M

Sector Composition

Rank Sector Weight
1 Financials 24.31%
2 Technology 11.24%
3 Materials 10.38%
4 Communication Services 9.08%
5 Energy 8.24%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
WPX
51
DELISTED
WPX Energy, Inc.
WPX
$45.7M 0.36%
1,900,000
– –
APD icon
52
CALL
Air Products & Chemicals
APD
$67.1B
$45.6M 0.36%
+378,350
New +$46.2M
CCEP icon
53
Coca-Cola Europacific Partners
CCEP
$46.7B
$44.1M 0.34%
+994,000
New +$46.6M
LLY icon
54
CALL
Eli Lilly
LLY
$1.02T
$42.5M 0.33%
655,100
– –
AWK icon
55
American Water Works
AWK
$28B
$41M 0.32%
850,000
– –
WTS icon
56
Watts Water Technologies
WTS
$12.1B
$39.3M 0.31%
675,000
+69,167
+11% +$4.23M
LDOS icon
57
Leidos
LDOS
$16.7B
$37.1M 0.29%
+1,080,000
New +$39.8M
VWO icon
58
Vanguard FTSE Emerging Markets ETF
VWO
$129B
$35M 0.27%
840,000
– –
RYN icon
59
Rayonier
RYN
$6.09B
$35M 0.27%
1,240,006
– –
IPXL
60
DELISTED
Impax Laboratories, Inc.
IPXL
$33.2M 0.26%
1,400,000
– –
KBR icon
61
KBR
KBR
$4.64B
$31M 0.24%
1,645,000
– –
ESV
62
DELISTED
Ensco Rowan plc
ESV
$30.2M 0.24%
183,000
+32,644
+22% +$6.47M
QCOM icon
63
Qualcomm
QCOM
$180B
$29.9M 0.23%
400,000
-1,625,000
-80% -$124M
EQY
64
DELISTED
Equity One
EQY
$28.1M 0.22%
1,300,000
– –
JWN
65
DELISTED
Nordstrom
JWN
$26.7M 0.21%
390,841
-2,088,656
-84% -$144M
QVCGA
66
DELISTED
QVC Group Inc Series A
QVCGA
$26.4M 0.21%
22,547
– –
SNDK
67
DELISTED
SANDISK CORP
SNDK
$26.4M 0.21%
269,293
-441,707
-62% -$43.2M
UNH icon
68
UnitedHealth
UNH
$356B
$25.9M 0.2%
299,946
– –
BERY
69
DELISTED
Berry Global Group, Inc.
BERY
$25.2M 0.2%
+1,089,000
New +$24.8M
MCD icon
70
McDonald's
MCD
$181B
$23.7M 0.18%
250,000
– –
CERN
71
DELISTED
Cerner Corp
CERN
$23.2M 0.18%
389,952
-163,249
-30% -$9.17M
MDLZ icon
72
Mondelez International
MDLZ
$78.2B
$23M 0.18%
670,490
-4,514,048
-87% -$164M
RSX
73
DELISTED
VanEck Russia ETF
RSX
$21.9M 0.17%
977,602
– –
ENB icon
74
CALL
Enbridge
ENB
$109B
$21.9M 0.17%
+457,200
New +$22.6M
AMAT icon
75
CALL
Applied Materials
AMAT
$361B
$21.6M 0.17%
1,000,000
-4,000,000
-80% -$88.5M
1 2
3
4 5

Similar funds

AFNAS
American Financial Network Advisory Services Calabasas, California $67M AUM 1.63% 1-Year Est. Return
PP
Pension Partners New York $72.6M AUM
HCS
Harvest Capital Strategies San Francisco, California $73.7M AUM 7.47% 1-Year Est. Return
VF
Vilas Fund Chicago, Illinois $74.3M AUM 13.22% 1-Year Est. Return
DP
DW Partners New York $62.3M AUM 25.52% 1-Year Est. Return
KCP
Kenmare Capital Partners New York $76M AUM 3.89% 1-Year Est. Return
TCMV
Technology Crossover Management VI Menlo Park, California $59.6M AUM 18.81% 1-Year Est. Return
SCG
Saban Capital Group Los Angeles, California $59.5M AUM 3.83% 1-Year Est. Return

Highfields Capital Management's Q3 2014 Portfolio in Review

As of Q3 2014, Highfields Capital Management held 108 positions worth $12.8B, down 5.8% from $13.6B the previous quarter. Its ten largest holdings account for 47% of the portfolio.

Highfields Capital Management's Q3 2014 filing shows 17 new, 17 increased, 19 reduced and 17 closed positions. Its largest new stake was Enbridge: 6,301,126 shares worth $302M. The largest sale was Canadian Natural Resources, an estimated $378M.

By sector, the portfolio is most concentrated in Financials at 24% of assets, down from 26% a quarter earlier, followed by Technology and Materials.

  • Highfields Capital Management's largest Q3 2014 buy was Enbridge: 6,301,126 shares worth $302M.
  • Highfields Capital Management added most to Dollar Tree in Q3 2014, an estimated $331M increase.
  • Highfields Capital Management's biggest Q3 2014 reduction was Canadian Natural Resources, cutting an estimated $378M.
  • Highfields Capital Management fully exited BROADCOM CORP CL-A in Q3 2014, selling an estimated $227M.
  • Highfields Capital Management's ten largest holdings make up 47% of its $12.8B portfolio in Q3 2014.
  • Highfields Capital Management opened 17 new positions and closed 17 in Q3 2014.
  • Highfields Capital Management's portfolio value fell 5.8% quarter-over-quarter to $12.8B.

Based on Highfields Capital Management's 13F filing for Q3 2014, filed 14 Nov 2014.