Friday, November 19, 2010

See What Top Hedge Funds Are Buying & Selling

If you want the most comprehensive hedge fund portfolio tracking out there, then you've come to the right place. Hedge Fund Wisdom is's quarterly newsletter created in collaboration with other hedge fund analysts. Market Folly's expert analysis is your go-to source for hedge fund updates and our latest issue will be released early next week. Here's what you'll find in the upcoming third quarter issue:

- 80 pages detailing the latest portfolios of 23 top hedge funds
- Expert commentary detailing what they bought & sold and why

- In-depth equity analysis of 3 stocks hedgies were buying

Portfolios covered in this issue of Hedge Fund Wisdom include:

Seth Klarman (Baupost Group)
Warren Buffett (Berkshire Hathaway)
David Einhorn (Greenlight Capital)
Stephen Mandel (Lone Pine Capital)
David Tepper (Appaloosa Management)
Bill Ackman (Pershing Square Capital Management)
Bruce Berkowitz (Fairholme Capital)
Chase Coleman (Tiger Global Management)
John Burbank (Passport Capital)
Leon Cooperman (Omega Advisors)
Dan Loeb (Third Point)
John Griffin (Blue Ridge Capital)
John Paulson (Paulson & Co)
Lee Ainslie (Maverick Capital)
Julian Robertson (Tiger Management)
George Soros (Soros Fund Management)
Roberto Mignone (Bridger Management)
Chris Shumway (Shumway Capital Partners)
Richard Perry (Perry Capital)
Larry Robbins (Glenview Capital)

...and we added 3 new hedge funds this quarter:
Andreas Halvorsen (Viking Global)
Thomas Steyer (Farallon Capital)
Carl Icahn (Icahn Capital)

Take advantage of our special introductory offer! You can pay via credit card, debit card, or PayPal by clicking "subscribe" below (email readers please come to the site to do so):

1-Year Subscription (Save 17% with this option!): $199/year

Quarterly Subscription: $60/quarter

*To pay by credit/debit card, click the "subscribe" button and then on the next page look for "Pay using your credit or debit card" at the bottom.

Monday, November 15, 2010

Mandel's Lone Pine Capital Starts New Position in Towers Watson (TW)

Stephen Mandel's hedge fund Lone Pine Capital has disclosed a brand new position in Towers Watson (TW) due to portfolio activity on November 1st, 2010. Per a 13G filed with the SEC, Lone Pine now shows a 4.0% ownership stake in TW with 1,935,435 shares. For the rest of Lone Pine's updated third quarter portfolio, subscribe to our Hedge Fund Wisdom newsletter as our next issue is only days away.

Mandel founded Lone Pine Capital after previously working at Julian Robertson's Tiger Management and Goldman Sachs. His hedge fund is named after a historical lone pine tree at his alma mater, Dartmouth College. In terms of other recent activity, Lone Pine also increased its Polo Ralph Lauren (RL) stake.

Taken from Google Finance, Towers Watson is "a global professional services company, which helps organizations improve performance through people, risk and financial management. The Company offers solutions in the areas of employee benefits, talent management, rewards, and risk and capital management."

Bill Ackman Updates General Growth Properties (GGP) Stake

Bill Ackman's hedge fund Pershing Square Capital Management has filed a 13G on General Growth Properties (GGP). This comes as the company has exited bankruptcy, spun off the Howard Hughes Company (HHC) and now trades as 'new' GGP shares. As such, Ackman discloses a 9.34% ownership stake in the new General Growth Properties entity with 89,237,316 shares.

This 13G filing replaces a previous activist 13D filing on the 'old' GGP entity. This ownership calculation in new GGP is based on 962,622,559 shares of common stock outstanding as of September 30th, 2010 as reported in Form S-11.

Ackman has labeled this the best investment he's ever made. To see what else is in his portfolio in the third quarter update, head to our Hedge Fund Wisdom newsletter. For other recent investment conference commentary from Pershing Square, we detailed how Ackman is bullish on housing.

Taken from Google Finance, General Growth Properties is "a self-managed real estate investment trust (REIT). The Company has ownership interest in, or management responsibility for, over 200 regional shopping malls in 43 states, as well as ownership in master planned communities and commercial office buildings."