Viking Global Boosts Cheniere Energy, Kansas City Southern Stakes ~ market folly

Thursday, February 5, 2015

Viking Global Boosts Cheniere Energy, Kansas City Southern Stakes

Andreas Halvorsen's hedge fund firm Viking Global has filed two 13G's with the SEC regarding some of their existing positions.

Viking Adds to Cheniere Energy Stake

First, Viking has revealed a 6.5% ownership stake in Cheniere Energy (LNG) with over 15.3 million shares.

This marks an increase of over 9.9 million shares in their position size since the end of the third quarter.  The filing was made due to portfolio activity on January 26th.

Per Google Finance, Cheniere Energy is "engaged in liquid natural gas LNG-related businesses. The Company owns and operates the Sabine Pass LNG terminal in Louisiana through its 59.5% ownership interest in and management agreements with Cheniere Energy Partners, L.P. The Company also also own and operate the Creole Trail Pipeline, which interconnects the Sabine Pass LNG terminal with natural gas markets in North America."

Increases Kansas City Southern Position

Second, Halvorsen's firm has also disclosed a 5% ownership stake in Kansas City Southern (KSU) with over 5.56 million shares.

They've boosted their position size by over 1.3 million shares since the end of the third quarter.  This activity was reported due to activity on January 27th.

Per Google Finance, Kansas City Southern is "a transportation holding company with domestic and international rail operations in North America that are strategically focused on the growing north/south freight corridor connecting key commercial and industrial markets in the central United States with industrial cities in Mexico."

You can view other recent portfolio activity from Viking here.

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