Kyle Bass
, the founder of hedge fund Hayman Advisors, has been very
bearish and sold almost all of his long positions at the end of
2011. His views must have changed lately as he bought into many
new positions. It is interesting that he bought a lot of
technology stocks such as telecom equipment maker Alcatel and
Tellabs, online job site Monster and the most storied Yahoo! Etc.
As of 03/31/2012, Hayman Advisors owns 13 stocks with a total
value of $143 million. These are the details of the buys and
sells.
- New Purchases:
ALU
,
MWW
,
WFR
,
TLAB
,
YHOO
,
BTU
,
FORM
,
MTDR
,
DYN
,
ZIOP
,
- Reduced Positions:
MTG
,
For the details of
Kyle Bass
's stock buys and sells, go to
http://www.gurufocus.com/StockBuy.php?GuruName=Kyle+Bass
This is the
sector weightings of his portfolio:
|
Technology
|
46% |
|
Consumer Services
|
19.5% |
|
Industrials
|
17.9% |
|
Financials
|
8.6% |
|
Basic Materials
|
4.7% |
|
Oil & Gas
|
1.9% |
|
Utilities
|
0.7% |
|
Health Care
|
0.4% |
These are the top 5 holdings of Kyle Bass
- Alcatel Ads (
ALU
) - 14,909,555 shares, 23.6% of the total portfolio. New
Position
- Six Flags Entmt (
SIX
) - 598,802 shares, 19.5% of the total portfolio.
- Monster Wwd Inc (
MWW
) - 2,000,000 shares, 13.6% of the total portfolio. New
Position
- Memc Elec Matrl (
WFR
) - 3,588,952 shares, 9.0% of the total portfolio. New Position
- Mgic Invstmt Cp (
MTG
) - 2,500,000 shares, 8.6% of the total portfolio. Shares
reduced by 75.12%
These are some of the highlights.
New Purchase: Alcatel Ads (
ALU
)
His purchase prices were between $1.56 and $2.6, with an
estimated average price of $1.98. The impact to his portfolio due
to this purchase was 23.6%. His holdings were 14,909,555 shares
as of 03/31/2012.
New Purchase: Monster Worldwide Inc (
MWW
)
His purchase prices were between $6.64 and $10.22, with an
estimated average price of $7.67. The impact to his portfolio due
to this purchase was 13.6%. His holdings were 2,000,000 shares as
of 03/31/2012. Monster has a market cap of $1.15 billion; its
shares were traded at around $8.815 with a P/E ratio of 25.2 and
P/S ratio of 1.1.
New Purchase:
MEMC Electronic Materials, Inc
(
WFR
)
His purchase prices were between $3.63 and $5.78, with an
estimated average price of $4.1. The impact to his portfolio due
to this purchase was 9%. His holdings were 3,588,952 shares as of
03/31/2012.
New Purchase: Tellabs Inc (
TLAB
)
Kyle Bass initiated holdings in Tellabs Inc. His purchase prices
were between $3.77 and $4.37, with an estimated average price of
$3.73. The impact to his portfolio due to this purchase was 6.2%.
His holdings were 2,191,238 shares as of 03/31/2012.
New Purchase: Yahoo! Inc (
YHOO
)
Kyle Bass initiated holdings in Yahoo! Inc. His purchase prices
were between $14.42 and $16.14, with an estimated average price
of $14.38. The impact to his portfolio due to this purchase was
5.3%. His holdings were 500,000 shares as of 03/31/2012. Yahoo!
Inc. is a global Internet communications, commerce and media
company that offers a comprehensive branded network of services.
Yahoo! Inc has a market cap of $18.44 billion; its shares were
traded at around $15.49 with a P/E ratio of 17.1 and P/S ratio of
3.7.
Reduced: MGIC Investment (
MTG
)
Kyle Bass reduced to his holdings in MGIC Investment by 75.12%.
He has had a good run with this stock and has since sold
� of his position, although he still held 2,500,000
shares as of 03/31/2012. MGIC Investment Corporation is a holding
company which, through its wholly owned subsidiary, Mortgage
Guaranty Insurance Corporation, is the provider of private
mortgage insurance coverage in the United States to the home
mortgage lending industry. The stock is traded at around $2.8.
Here is the complete portfolio of Kyle Bass. Also check out the
Undervalued Stocks, Top Growth Companies, and High Yield stocks
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