Latest news with #TigerManagement
Bloomberg
5 days ago
- Business
- Bloomberg
Tiger Management Alumnus Snoddy to Launch Japan Engagement Fund
David Snoddy, who ran the Tokyo office of Tiger Management before setting up his own firm, plans to launch a Japanese stock fund next month that focuses on companies with strong cash flows, solid balance sheets and excess cash. Snoddy said the Nezu Engagement Fund will aim to have a size of several hundred million dollars and will invest in 15 to 20 firms that increase market value with a balance of dividends, perks and share buybacks.
Yahoo
16-05-2025
- Business
- Yahoo
Lee Ainslie's Strategic Moves: A Deep Dive into Kenvue Inc's 3.59% Portfolio Impact
Lee Ainslie (Trades, Portfolio) recently submitted the 13F filing for the first quarter of 2025, providing insights into his investment moves during this period. Lee Ainslie (Trades, Portfolio) is the founder and CEO of Dallas-based Maverick Capital. Ainslie started Maverick Capital back in 1993 with $38 million after learning from legendary fund manager Julian Robertson at Tiger Management (Trades, Portfolio). Maverick employs six industry experts to research investment opportunities in the following categories: consumer, health care, cyclical, retail, financial, and telecommunications, media, and technology. Ainslie talks to them about new and current stocks in the portfolio, and with that input, he makes the final decision on investments. Warning! GuruFocus has detected 2 Warning Sign with AMZN. Lee Ainslie (Trades, Portfolio) added a total of 76 stocks, among them: The most significant addition was Kenvue Inc (NYSE:KVUE), with 8,466,901 shares, accounting for 3.59% of the portfolio and a total value of $203.036 million. The second largest addition to the portfolio was Bank of America Corp (NYSE:BAC), consisting of 3,644,820 shares, representing approximately 2.69% of the portfolio, with a total value of $152.098 million. The third largest addition was Danaher Corp (NYSE:DHR), with 698,740 shares, accounting for 2.53% of the portfolio and a total value of $143.241 million. Lee Ainslie (Trades, Portfolio) also increased stakes in a total of 116 stocks, among them: The most notable increase was NVIDIA Corp (NASDAQ:NVDA), with an additional 716,236 shares, bringing the total to 2,830,399 shares. This adjustment represents a significant 33.88% increase in share count, a 1.37% impact on the current portfolio, with a total value of $306.758 million. The second largest increase was Micron Technology Inc (NASDAQ:MU), with an additional 777,095 shares, bringing the total to 809,170. This adjustment represents a significant 2,422.74% increase in share count, with a total value of $70.308 million. Lee Ainslie (Trades, Portfolio) completely exited 68 of the holdings in the first quarter of 2025, as detailed below: Wells Fargo & Co (NYSE:WFC): Lee Ainslie (Trades, Portfolio) sold all 2,133,273 shares, resulting in a -2.7% impact on the portfolio. Visa Inc (NYSE:V): Lee Ainslie (Trades, Portfolio) liquidated all 426,998 shares, causing a -2.43% impact on the portfolio. Lee Ainslie (Trades, Portfolio) also reduced positions in 35 stocks. The most significant changes include: Reduced Starbucks Corp (NASDAQ:SBUX) by 1,007,093 shares, resulting in a -98.66% decrease in shares and a -1.66% impact on the portfolio. The stock traded at an average price of $103.37 during the quarter and has returned -22.47% over the past 3 months and -3.85% year-to-date. Reduced SpringWorks Therapeutics Inc (NASDAQ:SWTX) by 2,428,020 shares, resulting in a -83.96% reduction in shares and a -1.58% impact on the portfolio. The stock traded at an average price of $46.03 during the quarter and has returned -19.76% over the past 3 months and 27.54% year-to-date. At the first quarter of 2025, Lee Ainslie (Trades, Portfolio)'s portfolio included 236 stocks, with top holdings including 6.57% in Inc (NASDAQ:AMZN), 5.42% in NVIDIA Corp (NASDAQ:NVDA), 4.31% in Philip Morris International Inc (NYSE:PM), 4.28% in Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM), and 4.09% in Natera Inc (NASDAQ:NTRA). The holdings are mainly concentrated in 10 of all the 11 industries: Technology, Consumer Cyclical, Healthcare, Consumer Defensive, Financial Services, Industrials, Communication Services, Utilities, Basic Materials, and Energy. This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
15-05-2025
- Business
- Yahoo
Steve Mandel's Strategic Moves: Carvana Co. Takes Center Stage with 4.18% Portfolio Impact
Warning! GuruFocus has detected 2 Warning Sign with META. Steve Mandel (Trades, Portfolio) recently submitted the 13F filing for the first quarter of 2025, providing insights into his investment moves during this period. Steve Mandel (Trades, Portfolio) is the founder of Lone Pine Capital, a long/short equity money manager, which he started in 1997. Prior to founding LPC, Mr. Mandel was senior managing director and consumer analyst at Tiger Management (Trades, Portfolio) Corporation (1990-1997), mass-market retailing analyst at Goldman, Sachs (1984-1990) and senior consultant at Mars and Company (1982-1984). Lone Pine Capital is named after a tree at his alma mater Dartmouth College that survived a lightning strike. Mandel previously worked at Tiger Management (Trades, Portfolio) under Julian Robertson. Lone Pine Capital invests in public equity markets across the globe, and utilizes long-short strategy. The firm uses fundamental analysis and bottom up stock picking to build the portfolio. Mandel uses both value and growth methodologies, and does not hold many stocks for very long. Steve Mandel (Trades, Portfolio) added a total of 4 stocks, among them: The most significant addition was Carvana Co (NYSE:CVNA), with 2,314,168 shares, accounting for 4.18% of the portfolio and a total value of $483.85 million. The second largest addition to the portfolio was Toll Brothers Inc (NYSE:TOL), consisting of 3,800,580 shares, representing approximately 3.47% of the portfolio, with a total value of $401.30 million. The third largest addition was Cadence Design Systems Inc (NASDAQ:CDNS), with 1,218,389 shares, accounting for 2.68% of the portfolio and a total value of $309.87 million. Steve Mandel (Trades, Portfolio) also increased stakes in a total of 10 stocks, among them: The most notable increase was Intuit Inc (NASDAQ:INTU), with an additional 247,040 shares, bringing the total to 1,403,802 shares. This adjustment represents a significant 21.36% increase in share count, a 1.31% impact on the current portfolio, with a total value of $861.92 million. The second largest increase was AppLovin Corp (NASDAQ:APP), with an additional 508,815 shares, bringing the total to 1,593,928. This adjustment represents a significant 46.89% increase in share count, with a total value of $422.34 million. Steve Mandel (Trades, Portfolio) completely exited 12 of the holdings in the first quarter of 2025, as detailed below: PTC Inc (NASDAQ:PTC): Steve Mandel (Trades, Portfolio) sold all 2,326,231 shares, resulting in a -3.18% impact on the portfolio. Spotify Technology SA (NYSE:SPOT): Steve Mandel (Trades, Portfolio) liquidated all 913,564 shares, causing a -3.04% impact on the portfolio. Steve Mandel (Trades, Portfolio) also reduced positions in 7 stocks. The most significant changes include: Reduced Philip Morris International Inc (NYSE:PM) by 3,459,830 shares, resulting in a -53.49% decrease in shares and a -3.09% impact on the portfolio. The stock traded at an average price of $141.65 during the quarter and has returned 13.41% over the past 3 months and 41.78% year-to-date. Reduced Eli Lilly and Co (NYSE:LLY) by 231,033 shares, resulting in a -29.51% reduction in shares and a -1.33% impact on the portfolio. The stock traded at an average price of $832.09 during the quarter and has returned -13.15% over the past 3 months and -4.85% year-to-date. At the first quarter of 2025, Steve Mandel (Trades, Portfolio)'s portfolio included 24 stocks, with top holdings including 8.75% in Meta Platforms Inc (NASDAQ:META), 7.44% in Intuit Inc (NASDAQ:INTU), 7.15% in Inc (NASDAQ:AMZN), 6.36% in Microsoft Corp (NASDAQ:MSFT), and 5.6% in Starbucks Corp (NASDAQ:SBUX). The holdings are mainly concentrated in 7 of all the 11 industries: Technology, Consumer Cyclical, Financial Services, Communication Services, Utilities, Consumer Defensive, and Healthcare. This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
15-05-2025
- Business
- Yahoo
Lee Ainslie's Strategic Moves: A Deep Dive into Kenvue Inc's 3.59% Portfolio Impact
Lee Ainslie (Trades, Portfolio) recently submitted the 13F filing for the first quarter of 2025, providing insights into his investment moves during this period. Lee Ainslie (Trades, Portfolio) is the founder and CEO of Dallas-based Maverick Capital. Ainslie started Maverick Capital back in 1993 with $38 million after learning from legendary fund manager Julian Robertson at Tiger Management (Trades, Portfolio). Maverick employs six industry experts to research investment opportunities in the following categories: consumer, health care, cyclical, retail, financial, and telecommunications, media, and technology. Ainslie talks to them about new and current stocks in the portfolio, and with that input, he makes the final decision on investments. Warning! GuruFocus has detected 2 Warning Sign with AMZN. Lee Ainslie (Trades, Portfolio) added a total of 76 stocks, among them: The most significant addition was Kenvue Inc (NYSE:KVUE), with 8,466,901 shares, accounting for 3.59% of the portfolio and a total value of $203.036 million. The second largest addition to the portfolio was Bank of America Corp (NYSE:BAC), consisting of 3,644,820 shares, representing approximately 2.69% of the portfolio, with a total value of $152.098 million. The third largest addition was Danaher Corp (NYSE:DHR), with 698,740 shares, accounting for 2.53% of the portfolio and a total value of $143.241 million. Lee Ainslie (Trades, Portfolio) also increased stakes in a total of 116 stocks, among them: The most notable increase was NVIDIA Corp (NASDAQ:NVDA), with an additional 716,236 shares, bringing the total to 2,830,399 shares. This adjustment represents a significant 33.88% increase in share count, a 1.37% impact on the current portfolio, with a total value of $306.758 million. The second largest increase was Micron Technology Inc (NASDAQ:MU), with an additional 777,095 shares, bringing the total to 809,170. This adjustment represents a significant 2,422.74% increase in share count, with a total value of $70.308 million. Lee Ainslie (Trades, Portfolio) completely exited 68 of the holdings in the first quarter of 2025, as detailed below: Wells Fargo & Co (NYSE:WFC): Lee Ainslie (Trades, Portfolio) sold all 2,133,273 shares, resulting in a -2.7% impact on the portfolio. Visa Inc (NYSE:V): Lee Ainslie (Trades, Portfolio) liquidated all 426,998 shares, causing a -2.43% impact on the portfolio. Lee Ainslie (Trades, Portfolio) also reduced positions in 35 stocks. The most significant changes include: Reduced Starbucks Corp (NASDAQ:SBUX) by 1,007,093 shares, resulting in a -98.66% decrease in shares and a -1.66% impact on the portfolio. The stock traded at an average price of $103.37 during the quarter and has returned -22.47% over the past 3 months and -3.85% year-to-date. Reduced SpringWorks Therapeutics Inc (NASDAQ:SWTX) by 2,428,020 shares, resulting in a -83.96% reduction in shares and a -1.58% impact on the portfolio. The stock traded at an average price of $46.03 during the quarter and has returned -19.76% over the past 3 months and 27.54% year-to-date. At the first quarter of 2025, Lee Ainslie (Trades, Portfolio)'s portfolio included 236 stocks, with top holdings including 6.57% in Inc (NASDAQ:AMZN), 5.42% in NVIDIA Corp (NASDAQ:NVDA), 4.31% in Philip Morris International Inc (NYSE:PM), 4.28% in Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM), and 4.09% in Natera Inc (NASDAQ:NTRA). The holdings are mainly concentrated in 10 of all the 11 industries: Technology, Consumer Cyclical, Healthcare, Consumer Defensive, Financial Services, Industrials, Communication Services, Utilities, Basic Materials, and Energy. This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
15-05-2025
- Business
- Yahoo
Steve Mandel's Strategic Moves: Carvana Co. Takes Center Stage with 4.18% Portfolio Impact
Warning! GuruFocus has detected 2 Warning Sign with META. Steve Mandel (Trades, Portfolio) recently submitted the 13F filing for the first quarter of 2025, providing insights into his investment moves during this period. Steve Mandel (Trades, Portfolio) is the founder of Lone Pine Capital, a long/short equity money manager, which he started in 1997. Prior to founding LPC, Mr. Mandel was senior managing director and consumer analyst at Tiger Management (Trades, Portfolio) Corporation (1990-1997), mass-market retailing analyst at Goldman, Sachs (1984-1990) and senior consultant at Mars and Company (1982-1984). Lone Pine Capital is named after a tree at his alma mater Dartmouth College that survived a lightning strike. Mandel previously worked at Tiger Management (Trades, Portfolio) under Julian Robertson. Lone Pine Capital invests in public equity markets across the globe, and utilizes long-short strategy. The firm uses fundamental analysis and bottom up stock picking to build the portfolio. Mandel uses both value and growth methodologies, and does not hold many stocks for very long. Steve Mandel (Trades, Portfolio) added a total of 4 stocks, among them: The most significant addition was Carvana Co (NYSE:CVNA), with 2,314,168 shares, accounting for 4.18% of the portfolio and a total value of $483.85 million. The second largest addition to the portfolio was Toll Brothers Inc (NYSE:TOL), consisting of 3,800,580 shares, representing approximately 3.47% of the portfolio, with a total value of $401.30 million. The third largest addition was Cadence Design Systems Inc (NASDAQ:CDNS), with 1,218,389 shares, accounting for 2.68% of the portfolio and a total value of $309.87 million. Steve Mandel (Trades, Portfolio) also increased stakes in a total of 10 stocks, among them: The most notable increase was Intuit Inc (NASDAQ:INTU), with an additional 247,040 shares, bringing the total to 1,403,802 shares. This adjustment represents a significant 21.36% increase in share count, a 1.31% impact on the current portfolio, with a total value of $861.92 million. The second largest increase was AppLovin Corp (NASDAQ:APP), with an additional 508,815 shares, bringing the total to 1,593,928. This adjustment represents a significant 46.89% increase in share count, with a total value of $422.34 million. Steve Mandel (Trades, Portfolio) completely exited 12 of the holdings in the first quarter of 2025, as detailed below: PTC Inc (NASDAQ:PTC): Steve Mandel (Trades, Portfolio) sold all 2,326,231 shares, resulting in a -3.18% impact on the portfolio. Spotify Technology SA (NYSE:SPOT): Steve Mandel (Trades, Portfolio) liquidated all 913,564 shares, causing a -3.04% impact on the portfolio. Steve Mandel (Trades, Portfolio) also reduced positions in 7 stocks. The most significant changes include: Reduced Philip Morris International Inc (NYSE:PM) by 3,459,830 shares, resulting in a -53.49% decrease in shares and a -3.09% impact on the portfolio. The stock traded at an average price of $141.65 during the quarter and has returned 13.41% over the past 3 months and 41.78% year-to-date. Reduced Eli Lilly and Co (NYSE:LLY) by 231,033 shares, resulting in a -29.51% reduction in shares and a -1.33% impact on the portfolio. The stock traded at an average price of $832.09 during the quarter and has returned -13.15% over the past 3 months and -4.85% year-to-date. At the first quarter of 2025, Steve Mandel (Trades, Portfolio)'s portfolio included 24 stocks, with top holdings including 8.75% in Meta Platforms Inc (NASDAQ:META), 7.44% in Intuit Inc (NASDAQ:INTU), 7.15% in Inc (NASDAQ:AMZN), 6.36% in Microsoft Corp (NASDAQ:MSFT), and 5.6% in Starbucks Corp (NASDAQ:SBUX). The holdings are mainly concentrated in 7 of all the 11 industries: Technology, Consumer Cyclical, Financial Services, Communication Services, Utilities, Consumer Defensive, and Healthcare. This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
