QUARTERLY 13-F FILINGS: Berkshire takes a new stake in CB; Icahn exits FE; Starboard adds NWSA

Appaloosa Management:

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  New buys: Adobe (ADBE), JD.com (JD), Boeing (BA).


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  Increased: Alibaba (BABA), Oracle (ORCL), PDD (PDD), Baidu (BIDU), UPS (UPS


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  Reduced: Uber (UBER), Meta Platforms (META), Intel (INTC), Macy's (M), Microsoft (MSFT).


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  Exited: HCA Healthcare (HCA), FMC Corp (FMC), Whirlpool (WHR), Mohawk Industries (MHK), General Motors (GM).


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  Top holdings: Alibaba (BABA), Amazon (AMZN), Microsoft (MSFT), Meta Platforms (META), and Nvidia (NVDA).

Berkshire Hathaway:

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  New buys: Chubb (CB).


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  Increased: Occidental (OXY).


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  Reduced : Apple (AAPL), Paramount (PARA), Sirius XM (SIRI), Louisiana-Pacific (LPX), Chevron (CVX).


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  Exited: HP Inc (HPQ).


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  Top holdings: Apple (AAPL), Bank of America (BAC), American Express (AXP), Coca-Cola (KO), Chevron (CVX).

Elliott Management:

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  New buys: Transocean (RIG), HDFC Bank (HDB), iShares Bitcoin Trust (IBIT), Nvidia (NVDA).


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  Increased: Suncor Energy (SU), Match Group (MTCH), BioMarin (BMRN), Etsy (ETSY), Liberty Broadband (LBRDK).


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  Reduced: Peabody Energy (BTU), Marathon Petroleum (MPC), Howmet (HWM), Seadrill (SDRL).


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  Exited: iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD), Fidelity National (FNF), Valaris (VAL), Reservoir Media (RSVR).


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  Top holdings: Suncor Energy (SU), Triple Flag (TFPM), Marathon (MPC), Pinterest (PINS), NRG Energy (NRG).

Icahn Capital:

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  New buys: CVR Partners (UAN), JetBlue (JBLU).


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  Increased: International Flavors (IFF).


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  Exited: FirstEnergy (FE), Newell Brands (NWL).


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  Top holdings: Icahn Enterprises (IEP), CVR Energy (CVI), Southwest Gas (SWX), Bausch Health (BHC), International Flavors (IFF).

Lone Pine Capital :

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  New buys: Intuit (INTU), Blackstone (BX), Philip Morris (PM), GE (GE).


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  Increased: Block (SQ), Meta Platforms (META), Bath & Body Works (BBWI), Dick's Sporting Goods (DKS), ASML (ASML).


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  Reduced: Mastercard (MA), Workday (WDAY), EPAM Systems (EPAM), Live Nation (LYV), TSMC (TSM).


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  Exited: Alphabet (GOOGL), TransDigm (TDG), BILL Holdings (BILL), Tempur Sealy (TPX), Floor & Decor (FND).


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  Top holdings: Meta Platforms (META), Amazon (AMZN), TSMC (TSM), Microsoft (MSFT), and Salesforce (CRM).

Paulson & Co.:

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  New buys: Altice USA (ATUS), Carrols Restaurant (TAST).


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  Increased: Madrigal Pharma (MDGL), International Tower Hill Mines (THM), Novagold Resources (NG).


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  Reduced: Anglogold (AU)


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  Exited: SSR Mining (SSRM).


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  Top holdings: Madrigal (MGDL), Bausch Health (BHC), Brightsphere (BSIG), Perpetua Resources (PPTA), and Novagold (NG).

Pershing Square:

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  Reduced: Chipotle (CMG).


• 
  Exited: Lowe's (LOW).


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  Top holdings: Chipotle (CMG), Hilton Worldwide (HLT), Restaurant Brands (QSR), Alphabet (GOOG), Howard Hughes (HHH).

Soros Fund Management:

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  New buys: Cerevel Therapeutics (CERE), Okta (OKTA), WestRock (WRK), PG&E (PCG), Sunrun (RUN).


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  Increased: Alphabet (GOOGL), Aramark (ARMK), D.R. Horton (DHI), American Equity (AEL), SPDR S&P Regional Banking ETF (KRE).


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  Reduced: Novo Nordisk (NVO), Sempra (SRE), CRH (CRH), Amazon (AMZN), AerCap (AER).


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  Exited: iShares Russell 2000 ETF (IWM), SPDR S&P 500 ETF Trust (SPY), SPDR Euro Stoxx 50 ETF (FEZ), Las Vegas Sands (LVS), Birkenstock (BIRK).


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  Top holdings: Alphabet (GOOGL), AerCap (AER), American Equity (AEL), Novo Nordisk (NVO), Cerevel (CERE).

Starboard Value:

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  New buys: Alight (ALIT).


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  Increased: News Corp. (NWSA), Rogers (ROG), Algonquin (AQN), Mercury Systems (MRCY).


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  Reduced: Humana (HUM), Aecom (ACM), Wix.com (WIX), Fortrea (FTRE), Salesforce (CRM).


• 
  Exited: Vertiv (VRTV).


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  Top holdings: GoDaddy (GDDY), Gen Digital (GEN), Algonquin (AQN), Alight (ALIT), and Salesforce (CRM).

Third Point:

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  New buys: Alphabet (GOOGL), Advance Auto (AAP), Marvell Technology (MRVL), Goldman Sachs (GS).


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  Increased: Amazon (AMZN), Meta Platforms (META), Intercontinental Exchange (ICE), Apollo Global (APO), Corpay (CPAY).


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  Reduced: International Flavors (IFF), Uber (UBER), Microsoft (MSFT), Bath & Body Works (BBWI), Vistra Corp (VST).


• 
  Exited: US Steel (X), DuPont de Nemours (DD), McKesson (MCK), BioMarin (BMRN).


• 
  Top holdings: PG&E (PCG), Amazon (AMZN), Microsoft (MSFT), Bath & Body Works (BBWI), Meta Platforms (META).

Trian Fund Management :

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  Reduced: Ferguson (FERG), Allstate (ALL).


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  Top holdings: Disney (DIS), Janus Henderson (JHG), Wendy's (WEN), General Electric (GE), Invesco (IVZ).

16 May 2024 - 13:50- Research Sheet- Source: Newsquawk