Famed short seller
Jim Chanos
just reported his long positions. He is not required to report
his short positions. The ones he holds as longs are at least not
shorted by him. Compared with the previous quarter, he has almost
doubled his long positions. As of 06/30/2012, Kynikos Associates
LP owns 22 long stocks with a total value of $257 million. He is
said to manage more than $6 billion.
Jim Chanos
has been called the
Warren Buffett
of short selling. He looks at the combination of macro picture
and the business itself in his short thesis. His latest shorts
include CONSOL energy (
CNX
), Petrobras (
PBR
), Hewlett-Packward (
HPQ
), Coinstar (
CSTR
) and Banco Santander (STD), many of which are considered value
by other value investors.
In his portfolio,
Jim Chanos
does own a lot of index ETF, such as SPY, MDY etc. He also owns
Ishares Russell 2000 Index (etf), Ishares Msci Emerging Markets
Indx (etf) etc. He sold Ishares Msci Eafe Small Cap ETF, Spdr
S&p Emerging Markets Small Cap (etf) etc. His largest sells
during the second quarter was BP.
This is the portfolio chart of Jim Chanos. You can click on the
legend of the chart to show/hide buys, sells, or holdings. Each
ball on the chart represents a position in the portfolio. You can
move your mouse on the balls to see the details of each position
and click to see the details of all guru trades with this
position.
These are the details of the buys and sells.
- New Purchases:
WFM
,
CBI
,
ORCL
,
MSFT
,
- Added Positions:
SPY
,
DE
,
MDY
,
VC
,
RAX
,
JPM
,
C
,
KKR
,
APA
,
VMW
,
IWM
,
LMCA
,
EEM
,
M
,
RBS
,
DB
,
GXC
,
AMZN
,
- Sold Out:
BP
,
IEV
,
ATVI
,
SCZ
,
EWX
,
VWO
,
This is the sector weightings of his portfolio:
|
Financials
|
18.8% |
|
Consumer Services
|
16.8% |
|
Technology
|
15.4% |
|
Industrials
|
11.3% |
|
Consumer Goods
|
5.7% |
|
Oil & Gas
|
4.4% |
These are the top 5 holdings of Jim Chanos
- SPDR S&P 500 ETF (
SPY
) - 165,900 shares, 8.8% of the total portfolio. Shares added
by 320%
- SPDR S&P MidCap 400 ETF (
MDY
) - 116,900 shares, 7.8% of the total portfolio. Shares added
by 181.01%
- Deere & Company (
DE
) - 223,850 shares, 7.0% of the total portfolio. Shares added
by 264.87%
- Visteon Corporation (
VC
) - 392,400 shares, 5.7% of the total portfolio. Shares added
by 219.54%
- Whole Foods Market, Inc. (
WFM
) - 135,600 shares, 5.0% of the total portfolio. New
Position
New Purchase: Whole Foods Market, Inc. (
WFM
)
Jim Chanos initiated holdings in Whole Foods Market, Inc.. His
purchase prices were between $81.56 and $96.63, with an estimated
average price of $87.69. The impact to his portfolio due to this
purchase was 5%. His holdings were 135,600 shares as of
06/30/2012. Whole Foods Market, Inc. has a market cap of $17.25
billion; its shares were traded at around $94.45 with a P/E ratio
of 40.2 and P/S ratio of 1.7. The dividend yield of Whole Foods
Market, Inc. stocks is 0.6%. Whole Foods Market, Inc. had an
annual average earnings growth of 11.2% over the past 10 years.
GuruFocus rated Whole Foods Market, Inc. the business
predictability rank of 3-star.
New Purchase: Chicago Bridge & Iron Company N.v. (
CBI
)
Jim Chanos initiated holdings in Chicago Bridge & Iron
Company N.v.. His purchase prices were between $33.62 and $45.29,
with an estimated average price of $39.55. The impact to his
portfolio due to this purchase was 4.3%. His holdings were
293,800 shares as of 06/30/2012. Chicago Bridge & Iron
Company N.V. designs, builds, repairs and modifies steel tanks
and other steel plate structures and associated systems. Chicago
Bridge & Iron Company N.v. has a market cap of $3.6 billion;
its shares were traded at around $37.32 with a P/E ratio of 13.5
and P/S ratio of 0.8. The dividend yield of Chicago Bridge &
Iron Company N.v. stocks is 0.5%. Chicago Bridge & Iron
Company N.v. had an annual average earnings growth of 16.4% over
the past 10 years.
New Purchase: Oracle Corporation (
ORCL
)
Jim Chanos initiated holdings in Oracle Corporation. His purchase
prices were between $25.75 and $29.68, with an estimated average
price of $27.83. The impact to his portfolio due to this purchase
was 2.9%. His holdings were 250,000 shares as of 06/30/2012.
Oracle Corporation is one of the world's suppliers of software
for information management. Oracle Corporation has a market cap
of $154.38 billion; its shares were traded at around $31.5715
with a P/E ratio of 13.5 and P/S ratio of 4.2. The dividend yield
of Oracle Corporation stocks is 0.8%. Oracle Corporation had an
annual average earnings growth of 18.1% over the past 10 years.
GuruFocus rated Oracle Corporation the business predictability
rank of 5-star.
New Purchase: Microsoft Corporation (
MSFT
)
Jim Chanos initiated holdings in Microsoft Corporation. His
purchase prices were between $28.57 and $32.4, with an estimated
average price of $30.45. The impact to his portfolio due to this
purchase was 2.7%. His holdings were 229,500 shares as of
06/30/2012. Microsoft develops, manufactures, licenses, and
supports a wide range of software products for a multitude of
computing devices. Microsoft Corporation has a market cap of
$255.57 billion; its shares were traded at around $30.24 with a
P/E ratio of 10.9 and P/S ratio of 3.5. The dividend yield of
Microsoft Corporation stocks is 2.6%. Microsoft Corporation had
an annual average earnings growth of 13.6% over the past 10
years. GuruFocus rated Microsoft Corporation the business
predictability rank of 5-star.
Here is the complete portfolio of Jim Chanos. Also check out the
Undervalued Stocks, Top Growth Companies, and High Yield stocks
of Jim Chanos.About GuruFocus: GuruFocus.com tracks the stocks
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