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
(-5.8%)
Cap. Flow
-$320M
Cap. Flow
% of AUM
-2.49%
Top 10 Holdings %
Top 10 Hldgs %
46.99%
Holding
108
New
17
Increased
17
Reduced
19
Closed
17
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Dollar Tree
DLTR
|
+$331M |
| 2 |
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 |
Canadian Natural Resources
CNQ
|
+$378M |
| 2 |
BRCM
BROADCOM CORP CL-A
BRCM
|
+$227M |
| 3 |
Eli Lilly
LLY
|
+$196M |
| 4 |
Mondelez International
MDLZ
|
+$164M |
| 5 |
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 | |
|---|---|---|---|---|---|---|
76
BP
BP
$113B
| $19.5M | 0.15% |
543,095
-1,849,453
| -77% | -$73.3M |
|
77
CONMED
CNMD
$1.48B
| $18.1M | 0.14% |
+490,000
| New | +$19.4M |
|
78
Televisa
TV
$1.39B
| $12.4M | 0.1% |
365,000
| – | – |
|
|
DNKN
79
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $11.2M | 0.09% |
250,000
| – | – |
|
80
CALL
Vale
VALE
$65B
| $11M | 0.09% |
+1,000,000
| New | +$13.4M |
|
|
PMT
81
PennyMac Mortgage Investment
PMT
$841M
| $10.7M | 0.08% |
500,000
| – | – |
|
|
SUP
82
DELISTED
Superior Industries International
SUP
| $9.82M | 0.08% |
560,000
| – | – |
|
83
PUT
Salesforce
CRM
$213B
| $8.63M | 0.07% |
+150,000
| New | +$8.45M |
|
84
Packaging Corp of America
PKG
$21.1B
| $7.5M | 0.06% |
+117,500
| New | +$7.89M |
|
85
NRG Energy
NRG
$25B
| $6.1M | 0.05% |
+200,000
| New | +$6.25M |
|
86
Aramark
ARMK
$15B
| $6.04M | 0.05% |
318,139
| – | – |
|
87
TransAlta
TAC
$3.78B
| $5.26M | 0.04% |
+500,000
| New | +$5.71M |
|
|
GG
88
CALL
DELISTED
Goldcorp Inc
GG
| $4.61M | 0.04% |
200,000
| – | – |
|
89
Northeast Bank
NBN
$1.14B
| $2.94M | 0.02% |
317,286
| – | – |
|
|
CYHHZ
90
DELISTED
Community Health Systems, Inc. Series A Contingent Value Rights
CYHHZ
| $7K | ﹤0.01% |
199,320
| – | – |
|
91
AstraZeneca
AZN
$252B
| – | – |
-1,395,000
| Closed | -$104M |
|
92
PUT
Digital Realty Trust
DLR
$69.9B
| – | – |
-650,000
| Closed | -$37.9M |
|
93
CALL
eBay
EBAY
$46B
| – | – |
-2,376,000
| Closed | -$50.1M |
|
94
CALL
Iron Mountain
IRM
$34.8B
| – | – |
-2,164,000
| Closed | -$70.9M |
|
95
iShares Russell 2000 ETF
IWM
$80.5B
| – | – |
-524,300
| Closed | -$62.3M |
|
96
State Street SPDR S&P Bank ETF
KBE
$1.62B
| – | – |
-1,118,000
| Closed | -$37.4M |
|
97
CALL
McDonald's
MCD
$181B
| – | – |
-768,600
| Closed | -$77.4M |
|
|
98
MetLife
MET
$62B
| – | – |
-3,130,380
| Closed | -$155M |
|
99
Micron Technology
MU
$1.15T
| – | – |
-280,000
| Closed | -$9.23M |
|
100
Voya Financial
VOYA
$9.43B
| – | – |
-1,000,000
| Closed | -$36.3M |
|
Similar funds
AFNAS
PP
HCS
VF
DP
KCP
TCMV
SCG
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.