What Hedge Funds Bought And Sold In Q3: The Full 13-F Summary

Today was the deadline for hedge funds to submit their Q3 13-F filings, which considering they represent a snapshot in time as of Sept 30, prior to both the October volatility spike and the presidential election, are likely totally irrelevant by this time.

Among the more notable changes was Berkshire taking new stakes in American Airlines, Delta and United, sending the airlines sector higher after hours. Large-cap tech stocks remain favored as many funds bought or boosted stakes in Apple, Alphabet, Facebook and Alibaba just ahead of the post-Trump FANG rout.

David Tepper’s Appaloosa Management bought into the surge in technology stocks in the third quarter, taking new stakes in Apple, Yahoo and Facebook. Tepper, who moved Appaloosa to Miami Beach from New Jersey this year, added the social media company to his portfolio, as did Sarasota-based Aviance Capital Management, and Tampa-based Suncoast Equity. Boca Raton’s American Asset Management, Polen Capital and Steinberg Global, along with Aviance Capital Partners in Naples and St. Johns Investment in Jacksonville all boosted stakes in Facebook.

And speaking of Appaloosa, we find it amusing that the biggest long equity position of the wealthiest hegde fund manager possibly alive today, is none other than the market itself: at $541 million, Tepper’s top holding is the SPY.

Below is a summary, courtesy of Bloomberg of 3Q equity holdings from Sept. 30 13-F filings by the top hedge funds, with some of the new, added, cut and exited positions for each.

ADAGE CAPITAL

  • New stakes in KMI, SWK, AYI, BABA, NOC, ITW, MAS, WLK, ASH, EMN
  • Boosts AAPL, MRK, CF, PNC, GOOGL, TAP, HDS, EMR, APC
  • Cuts BMY, AAL, HON, AGN, MMM, T, BURL, PCG, ADP
  • No longer shows HES, NSAM, POR, CFX, HE, STI, NLSN, HSY, LDOS, SBGL

APPALOOSA MANAGEMENT

  • New stakes in FB, AAPL, YHOO, TPX, BAC, CFG, QCOM, PNC, VMW, DAL
  • Boosts KMI, GT, GLBL, HCA, ETP, HDS
  • Cuts LUV, NXPI, GOOG, SYF, GM, WHR, MHK, HAIN, WMIH, ALL
  • No longer shows FOXA, CYH, TGI, IR, FOX, PPG, QHC

BAUPOST GROUP

  • New stakes in SYF, NSAM, ODP, CPAA
  • Boosts PBF, FOXA
  • Cuts OLN, INVA, VMW, OREX, PYPL, KIN, LNG
  • No longer shows C, CAR, OZM

BLUEMOUNTAIN

  • New stakes in KLAC, SHPG, NXST, SAEX, XPO, TWNK, MRO
  • Boosts SYMC, CI, LRCX, MYGN, TV, KSS, ALSN, WST, URI
  • Cuts MBLY, ARMK, AVGO, APD, BBY, TPX, AGN, IAC
  • No longer shows MDVN, WLTW, VRNT, FNG, JWN, CCE, BIOS

BERKSHIRE HATHAWAY

  • New stakes in AAL, QSR, DAL, UAL
  • Boosts CHTR, PSX, LBTYA, V, WBC, BK
  • Cuts WMT, KMI, DE
  • No longer shows SU, QSR, MEG

BRIDGEWATER ASSOCIATES

  • New stakes in SWN, ENDP, IBM, RCI, CAG, TU, UPS, LB, JCP
  • Boosts AAPL, INTC, MSFT, CSCO, CPB, AMAT
  • Cuts GG, ABC, ADS, AEM, SPLS, LYB, BIIB, FDX, JNJ, TOL
  • No longer shows ABX, MET, MRK, PH, CVS, PEP, LNC, NTAP, RCL, PVH

CORVEX MANAGEMENT

  • New stakes in JCI, CCE, JPM, HAIN, TMUS, BAC, CSOD, BIIB
  • Boosts ZAYO, PAH, MPC, COMM, TMH, SIG
  • Cuts WMB, BEAV, BLL
  • No longer shows VER, GOOGL, KSU

ELLIOTT MANAGEMENT

  • New stakes in MPC, ECA, GEO, CXW, RAD, GPI, ABG
  • Boosts AA, SYMC, MENT, IMPV, LOCK, BBL, MITL, HLF, IPG
  • Cuts FTNT, NE, FBIO, CAB
  • No longer shows CNP, SBS, PAY, NBHC, QLYS, CYBR, SPSC, RNG, QEP, EGN

EMINENCE CAPITAL

  • New stakes in DNKN, CBG, EXPE, CTRP, FTNT, COMM, MENT
  • Boosts ADSK, HUM, CF, WEN, YHOO, ARRS, MS, ANTM, ZNGA, GPI
  • Cuts BIDU, TTWO, CAA, FCE/A, SPGI, BERY, CCE, ICE, PTC, KAR
  • No longer shows FOSL, DLTR, TRIP, LGF, AMBA, SJM

ETON PARK CAPITAL

  • New stakes in FANG, TWTR, GOOG, KMI, CAB, IMPV
  • Boosts MSFT, CLR, MHK, AMZN
  • Cuts SYT, WB, SBAC, AFI, SINA, ADBE
  • No longer shows CRTO, ODP, ECR

GLENVIEW CAPITAL MANAGEMENT

  • New stakes in UHS, TWX, ENDP, PAH, AAPL, HPE, CCE, BEAV, TLRD, WLTW
  • Boosts CBS, ANTM, Q, HUM, WMB, HCA, FDC, CSC, ESRX
  • Cuts ABBV, LH, HTZ, TEVA, CHTR, FLEX, MAN, VER, FMC, CI
  • No longer shows WOOF, FIS, SBAC, TMUS, SYT

GREENLIGHT CAPITAL

  • New stakes in X, GEO
  • Boosts AER, CPN, UHAL, MYL, VOYA, RAD
  • Cuts KORS, AAPL, TTWO, TWX, ACM, TPH, AGR, DSW, QHC
  • No longer shows FOXA, HUM, PRGO, ABC, HTZ, CYH, LAMR, VOD

HAYMAN CAPITAL MANAGEMENT

  • Cuts NMIH

HIGHFIELDS CAPITAL MANAGEMENT

  • New stakes in RAD, HSY, LBTYA, COST, SYT, HRI, PDCE, TRU, AA
  • Boosts HLT, BEN, MAR, APC, SU, CF, MIK
  • Cuts TEVA, WBA, WMB, MSFT, HTZ, PFE, CBS, TRIP, TSLA
  • No longer shows PEP, BP, RDS/B, GG, GS, SWN, VRX, CC

ICAHN ASSOCIATES

  • Boosts LF, HTZ, IEP
  • Cuts AGN, NUAN, CVRR
  • No longer shows CHK, RIG

ICONIQ CAPITAL

  • New stakes in ADSK, RH
  • Boosts JD
  • Cuts FB
  • No longer shows TSLA

JANA PARTNERS

  • New stakes in UHS, PCLN, MDLZ, VIAB, TWTR, SEM, VVV, KATE
  • Boosts HDS, JCI, WLTW, CSC, HPE, MPC, HRS
  • Cuts GOOG, LBRDK, CCE, CAG, USFD, CSRA, GPK
  • No longer shows WBA, MSFT, EXPE, PF, AN, ADS, SYF, BERY, ASH, RACE

LONE PINE CAPITAL

  • New stakes in EBAY, EXPE, BABA, TV, AVGO, HLT, ICE, KMI, WMB, ALGN
  • Boosts EA, ATVI, CHTR, VMC, COMM, DLTR, MNST
  • Cuts PCLN, FB, V, LULU, YUM, EQIX, STZ, SHPG, ULTA, MHK
  • No longer shows NOC, BUD, MA, PYPL, SHW, PXD, ANET, GOOGL, AXP

LONG POND CAPITAL

  • New stakes in WFC, GGP, SHW, CAA, CZR, MPW
  • Boosts EQR, ESS, LEN, MAR, INXN, MSG, BYD
  • Cuts TCO, H, FCE/A, MTH, LQ, PGRE, BXMT, HLT
  • No longer shows CBG, KEY, SFR, BPOP, CFG, BLDR, SRC, PFSI

MARCATO CAPITAL

  • New stakes in BWLD, IAC, ADS, TEX, AIRM, FC, PNK, RH, HMTV
  • Boosts CSC, VRTS, ABTL, BLDR, LIND
  • Cuts BK, SIG, URI, LBRDK, M, CBPX, LBRDA, HZN, GT, BID

MAVERICK CAPITAL

  • New stakes in DG, QCOM, SUM, SWFT, TMUS
  • Boosts AAPL, BUD, LVLT, ORLY, UHS
  • Cuts ADBE, AXP, CMCSA, FB, MYL
  • No longer shows AGN, ARMK, CL, JACK, TSN

MELVIN CAPITAL

  • New stakes in GOOGL, YY, EA, BABA, MA, MGM, COST, AVP, MAS, CALM
  • Boosts FB, LOW, CASY, SHW, ZTS, DE, STZ, ADBE, SUM, PLAY
  • Cuts DLTR, NFLX, AMZN, PCLN, SBUX, BURL, MHK, MNST, KATE, V
  • No longer shows WMT, CRM, NWL, SIG, CMG, JACK, USFD, GRUB, PLKI

MOORE CAPITAL

  • New stakes in GOOGL, MA, PCLN, AVGO, FL, SIVB, GXP, TWX, CPAA
  • Boosts FB, BABA, STZ, EA, HD, V, CL, APC
  • Cuts BAC, PPG, WLK, AME, EQIX, M, HUBB, GIS, AMZN
  • No longer shows in C, JPM, ABX, CMA, WBC, CONE, CAG, JCP, CQH, ICE

OMEGA ADVISORS

  • New stakes in HES, P, WMB, SSNC, TIME, PE, RICE, TSE, VVV
  • Boosts SHPG, PVH, BERY, ASPS, NBR, EPD, TCRD, GPOR, MDCA, MVC
  • Cuts GOOGL, CIM, NRZ, AGN, TRCO, DOW, MSFT, ASH, EA, ETFC
  • No longer shows UNH, TRGP, C, NFLX, SLW, FCB, TJX, CP, AZO, RLGY

PASSPORT CAPITAL

  • New stakes in CX, MRVL, PE, SINA, SYMC
  • Boosts BABA, CXO, JCI, RICE, WDC
  • Cuts AGN, CF, LBTYA, SRE, TAP
  • No longer shows CHTR, CSCO, EQT, GE, YHOO

PAULSON & CO

  • New stakes in HPE, STE, EBAY, HUM, HCA, MAR, CVS
  • Boosts BIIB, LOXO, FB, FDX, BSX, ETSY, LIVN, BCRX
  • Cuts MYL, TEVA, GRFS, SHPG, AU, AGN, NG, CIE, AKRX
  • No longer shows BEAV, Q, CI, RAD, PCLN, PRGO, EGRX, KTWO

PERRY CORP.

  • Cuts ALLY, AER
  • No longer shows AIG, BLL, TWX, JNJ

POINT72 ASSET MANAGEMENT

  • New stakes in GOOGL, CMCSA, GOOG, MCD, AME, HON, FTV, LUV, BCR, WFM
  • Boosts FB, BG, SRPT, AAPL, YHOO, SHW, LOW, WNR, HAL, V
  • Cuts AMZN, KAR, TSO, SBH, SIG, LLY, INTC, LNCE, SLB, CMG
  • No longer shows GLW, KORS, RLGY, CRM, SWN, UTX, VMW, MXIM, BLL, WCC

POINTSTATE CAPITAL

  • New stakes in BAC, VRX, HUM, MRK, CFG, ATVI, MPC, CXO, CHK, APC
  • Boosts AVGO, ADBE, ECA, CLVS, UNP, AMZN, COG, PH, GOOGL, APD
  • Cuts TEVA, CELG, CHTR, STZ, XEC, SWN, BHI, EOG
  • No longer shows AGN, CPN, EGN, DYN, RRC, AET, FDC, DVN, SGEN, SPB

SANDELL ASSET

  • New stakes in SVU
  • Boosts KLAC
  • No longer shows AKRX

SOROS FUND MANAGEMENT

  • New stakes in WMB, HPE, INTC, UBNT, FHB, SYMC
  • Boosts LBRDK, VMW, ABX, AMZN, TIVO, WUBA, AMAT, SUPV, VIAV,
  • Cuts DISH, ZTS, EBAY, KHC, EXAR, MDLZ, ATVI, AAL, EXA, MJN
  • No longer shows GLPI, CIT, ESNT, CBPO, JD, W, SYNA, CMCSA, HUM, POWI

STARBOARD VALUE

  • New stakes in PRGO, HPE, STC, CAB, TRNC, FRGI, IMPV
  • Boosts MRVL, M, AAP
  • Cuts WRK, CW, BAX, PNK
  • No longer shows DRI, DK, NXST, FCPT

TEMASEK

  • New stakes in ACIU, RDS/B, CTRP
  • Boosts EROS
  • Cuts BABA
  • No longer shows Q

TIGER GLOBAL

  • New stakes in BABA, GOOG, CMCSA, VIPS, V, AWI, WUBA
  • Boosts PCLN, AAPL, MA
  • Cuts CHTR, JD, FLT, ONDK, ETSY, AMZN
  • No longer shows XRS, SQ

THIRD POINT

  • New stakes in AAPL, BABA, HUM, V, CAG, WMB, KDMN
  • Boosts FB, GOOGL, GD, TAP, SPGI, BID, DHR, LBTYA, SHW
  • Cuts AGN, YUM, MHK, CB, AME, CHTR, BUD, SHPG, UNP
  • No longer shows LOW, SEE, ATVI, CCE, HRS, WLL, MRO, TSO, DVN

TRIAN FUND

  • Boosts BK, SYY
  • Cuts GE

TUDOR INVESTMENT

  • New stakes in SHW, JCI, FLT, HUM, WEX, RJF
  • Boosts MRK, BIIB, ADS, PEP, FB, GOOGL, BCR, MA, UNH
  • Cuts ESRX, LH, POST, FICO, IAC, PX, DPS, MDLZ, KLAC, V
  • No longer shows PG, ARMK, PNR, NWL, HR, AMAG, NSA, RCL, ADP, LII

VIKING GLOBAL

  • New stakes in BAC, LYB, UHS, CRM, LOW, AZN, LBTYA, LBTYK, MET, AMSG
  • Boosts MSFT, CP, STZ, GOOGL, ECA, GOOG, JD, MA, APC, RICE
  • Cuts AVGO, TEVA, NFLX, LLY, APD, BABA, WBA, WUBA, KITE
  • No longer shows NWL, AGN, DVA, ICE, CTRP, PXD, MMC, HIG, AET, HCA

Source: Bloomberg

via http://ift.tt/2fP9BY2 Tyler Durden

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