Adi Capital’s Paritosh Gupta Beat the Market but Trailed His Wife in Q1

Next in line is AerCap Holdings N.V. (NYSE:AER), a $9.8 billion provider of finance services for the aviation business, whose stock gained 12.4% in the first three months of 2015. Adi Capital disclosed ownership of almost 321,000 shares valued at $12.46 million in its 13F filing. One of the largest shareholders of AerCap Holdings N.V. (NYSE:AER), American International Group has recently announced plans to sell its stake in the company that amasses 97.56 million shares, representing 46% of the outstanding stock. Another top shareholder of AerCap Holdings N.V. (NYSE:AER) is activist Barry Rosenstein’s JANA Partners, which owns 11.09 million shares, according to its latest 13F filing.

Adi Capital also reported a $12.07 million stake in Navient Corp (NASDAQ:NAVI), which contains 558,500 shares. Navient is another financial company that is engaged in collecting and servicing loans. However, the position did not turn out to be profitable, as the stock lost 5.8% during the first quarter amid the company reporting a decline in revenue for the fourth quarter and for the full year 2014. In addition, Navient Corp (NASDAQ:NAVI) is currently trying to reach a deal with the US Department of Education regarding the cheating of active-duty troops on federal student loans. The company, which is the largest student loan provider in the US, is accused of breaking the law that provides certain special financial protections for active-duty military members. Among Navient Corp (NASDAQ:NAVI)’s largest shareholders are billionaires Leon Cooperman, David Shaw, and Israel Englander.

The fifth company on our list does not represent one of the top ten positions in Adi’s equity portfolio, but it had a significant impact on the fund’s returns due to the stock’s appreciation by 23.5% during the first three months of 2015. In Hologic, Inc. (NASDAQ:HOLX), Adi reported holding close to 124,600 shares, valued at $3.33 million, which makes the stake the 13th largest in terms of value. Overall among the funds that we track, 31 investors reported long positions in Hologic, Inc. (NASDAQ:HOLX) as of the end of last year, including four billionaire investors. The largest stake is held by activist Carl Icahn, who disclosed 34.15 million shares in his latest 13F filing. In addition, Mr. Icahn has two representatives on Hologic, Inc. (NASDAQ:HOLX)’s board of directors.

Disclosure: None