Highest-earning hedge fund managers are in the spotlight this
week as many of the investor Gurus have found a place on the new
"Rich List" released by Institutional Investor's Alpha. Third
Point's letter-writing shareholder activist founder
is No. 10 on the Rich List, and is reported to have earned $380
million in 2012.
In first quarter Loeb's fund Third Point made around $50 million
on his $200 million Herbalife bet, according to WSJ, listing
Herbalife Ltd. (
), Yahoo (
) and Virgin Media (
) as the fund's top performers. Virgin Media (
) is up 127% over 12 months, while Herbalife (
) is down 4% over 12 months. Here's a current look at
's other top holdings.
No. 1: Yahoo! Inc. (
), Weighting: 26.6%, Shares Owned: 73,000,400, Value: $1.45
holds 6.63% shares outstanding of the online media company Yahoo!
), founded in 1994. An early investor in the company, Loeb first
bought YHOO shares in the second quarter of 2008 at an average
price of $26.24, and made a 1.6% gain. Since that time, Loeb's
average cost on over 73 million shares bought of $14.36 per share
for an 86% gain.
Up 76% over 12 months, Yahoo! Inc., together with its
consolidated subsidiaries is a premier digital media company.
Yahoo! Inc. has a market cap of $29.06 billion; its shares were
traded at around $26.83 with a P/E ratio of 7.80 and P/S ratio of
6.40. Yahoo! Inc. had an annual average earnings growth of 7.6%
over the past 10 years.
The GuruFocus interactive valuation screen shows the YHOO share
price changes over 10 years.
YHOO data by GuruFocus.com
No. 2: American International Group Inc. (
), Weighting: 12%, Shares Owned: 18,500,000, Value: $653
Daniel Loeb also holds 1.2% shares outstanding of American
Insurance Group Inc. (
). His trading history shows that AIG is a relatively new holding
for Third Point. Loeb first bought AIG shares in the second
quarter of 2012 at an average price of $31.25, for a gain of
41.4%. AS of quarter ending Dec. 31, 2012, Loeb's average cost on
over 18.5 million shares bought and sold was $32 per share for a
Up 39% over 12 months, American International Group Inc. (
) has a market cap of $65.64 billion with a P/E of 34.80 and a
P/S of 1.09.
AIG is a holding company which, through its subsidiaries, is
engaged in a range of insurance and insurance-related activities
in the U.S. and abroad.
The GuruFocus interactive valuation screen tracks AIG share price
changes over 10 years.
AIG data b y GuruFocus.com
No. 3: Delphi Automotive PLC (
), Weighting: 7%, Shares Owned: 10,000,000, Value: $382
Daniel Loeb also holds 3.17% shares outstanding of Delphi
Automotive PLC (
). His trading history shows that DLPH is also a relatively new
holding for Third Point. Loeb first bought DLPH shares in the
first quarter of 2012 at an average price of $28.94, for a gain
of 57.2%. As of quarter ending Dec. 31, 2012, Loeb's average cost
on 10 million shares was $29 per share for a 57% gain.
Up 58% over 12 months, Delphi Automotive PLC was organized on
August 19, 2009. Delphi Automotive has a market cap of $14.49
billion; its shares were traded at around $45.40 with a P/E ratio
of 14.40 and P/S ratio of 0.90. The dividend yield of Delphi
Automotive stocks is 0.40%.
Here are the DLPH share price changes over 10 years.
DLPH data by GuruFocus.com
Guru Daniel Seth Loeb is founder of Third Point LLC, a New
York-based hedge fund managing over $2.3 billion in assets. Loeb
is well known in the financial world for expressing his opinions
in the public letters he writes. The portfolio of Third Point
lists 40 stocks, 19 of them new, with a total value of $5.4
billion and a quarter-over-quarter turnover of 30%.
Here is the complete portfolio of Daniel Loeb.
Also check out:
1. Daniel Loeb's Undervalued Stocks
2. Daniel Loeb's Top Growth Companies
3. Daniel Loeb's High Yield stocks
4. Stocks that Daniel Loeb keeps buying
Also check out the Undervalued Stocks, Top Growth Companies and
High Yield stocks of Daniel Loeb.
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