Billionaire John Paulson and Jacob Gottlieb Boost Their Stakes in Enzymotec Ltd (ENZY)

John Paulson reinforces his bullish views on Enzymotec Ltd (NASDAQ:ENZY). A recent 13G filing shows that his fund, Paulson & Co, more than doubled its passive stake in the company from 1.7 million shares to about 4.2 million. The new stake represents nearly 20% ownership of Enzymotec and is worth approximately $112 million.

largest hedge funds in the world

Jacob Gottlieb‘s Visium Asset Management is another hedge fund that has recently raised its interest in Enzymotec Ltd (NASDAQ:ENZY). The fund increased its stake in the company from the previously held 690 thousand shares to 1.14 million, which represent 5.2% of Enzymotec’s common stock and are worth approximately $31 million. Other funds holding stock of Enzymotec Ltd (NASDAQ:ENZY) include Richard Driehaus‘ Driehaus Capital with 83.9 thousand shares worth $2.27 million and Gavin Saitowitz‘ Springbok Capital with 10 thousand shares worth $0.27 million.

Enzymotec Ltd (NASDAQ:ENZY) is a leading global supplier of specialty lipid-based products and solutions. Since its initial public offering held at a price of $14 per share in September 2013, the company nearly doubled its share price, selling 5.4 million shares at $28 per share in its first seasoned equity offering closed on the 5th of March, 2014. In 2013 Enzymotec generated revenues of $64.98 million,  nearly double the result of $37.87 million for 2012, and currently trades at a P/E ratio of roughly 26 versus the industry average of 37.6. Analysts estimate an increase in earnings per share to $0.86 for 2014 from the $0.48 observed in 2013 and, on average, recommend that investors buy the stock.

Services, Technology, and Basic Materials represent approximately 2/3 of Paulson & Co’s equity portfolio value, with the largest stake (7.2% worth $1.46 billion) invested in 55.7 million shares of Extended Stay America Inc (NYSE:STAY). Other significant investments include 35.2 million shares of Vodafone Group Plc (ADR) (NASDAQ:VOD) and about 6 million shares of Time Warner Cable Inc (NYSE:TWC), with an aggregate value of  the holdings of $2.19 billion. Recently, it has been revealed that the hedge fund seeks to acquire two beachfront hotels in Puerto Rico.

Disclosure: none.

Recommended reading:

Viking Global Boosts Its Stake in Illumina, Inc. (ILMN)

Becker Drapkin Management Cuts Its Stake in Pixelworks, Inc. (PXLW)

Peter Keane Likes Financial And Transportation Stocks

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

The 6 Cheapest Boarding Schools in Europe 2015

The 5 Most Expensive Cars To Insure in the World

The 10 Most Common Genetically Modified Foods

10 Self-Made Billionaires Who Came From Nothing

The 10 Most Expensive Cities to Live in North America

The 13 Most Expensive Headphones in the World to Represent

The Top 20 Wealthiest Soccer Teams in 2014

4 BuzzWorthy Cannabis Stocks And Some Smoking Derivative Plays

The 10 Healthiest Fast Food Chains in America to Dine At

The 5 Most Expensive Cat Food Brands You Can Spoil Your Kitty With

The 6 Best eCommerce Platforms for Small Businesses

The 10 Worst Mistakes an Entrepreneur Can Make

The 5 Most OP Characters in League of Legends to Carry Games and Crush Foes With

The 5 Best Foods to Eat Before Running that Will Help You Pound the Pavement

10 Glaring Plot Holes in The Walking Dead that a Zombie-Filled Bus Could Drive Through

The 5 Biggest Celebrity Stoners Who Love Their Reefer

The 10 Most Overrated Movies Of All Time by Out-of-Touch Critics

Top 6 Least Expensive Cruise Destinations For 2015 that Will Take You to Paradise

10 States with Lowest Substance Abuse Rates in America

The 14 Most Watched TV Finales Ever

The 10 Best Selling Role Playing Games of All Time for PC

10 Most Influential Papers In Economics

Top 8 Biggest Charities in the US

10 Worst Celebrity Career Moves Ever

Top 10 Best Paid Tennis Stars in the World

10 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

How to Make Money in ArcheAge and Build Your Empire

10 Foods To Eat To Lower Cholesterol Levels

The 10 Most Hated Television Characters of All Time

The 30 Worst Halloween Costume Ideas Ever Brought to Horrible Life

10 Vocational Skills in Demand Today with Jobs Waiting to be Filled

10 Best Places to Visit in Central and South America

The 10 Greatest Empires in History Which Nearly Conquered the World

The 6 Cheapest Boarding Schools In America 2015

5 Clear Reasons LoL is Better than DotA, Continues to Rule MOBAs

The Only 9 Teams with a Chance to Win the Super Bowl

The 15 Most Common Phobias in America that Induce Fits of Panic

Top 6 Least Expensive Tourist Destinations in 2014

Jim Goetz, Peter Fenton, Jim Breyer: Top 6 Venture Investors for 2014

Top 15 Billionaires in 2014

5 Pitfalls To Avoid When Buying a Franchise

Top 20 Medical Schools in the US – 2014 Rankings

4 Business Strategies that Turned Jamie Oliver into the World’s Richest Chef

6 Qualities That Make You A Good Team Player

10 High Paying Seasonal Jobs in America this Holiday Season

The 10 Busiest Shipping Lanes in the World

5 Most Valuable Brands in China

The 10 States with Highest Substance Abuse Rates Crippling Their Populace

The Top 10 Things to Do Before You Die That Will Echo for Eternity

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!