Five Stocks Andreas Halvorsen Is Crazy About Right Now

Viking Global’s Andreas Halvorsen recently disclosed his long stock positions at the end of March. The filing reveals that Halvorsen initiated 5 big stock positions, spending a total of $2 Billion. Ole Andreas Halvorsen is one of the most successful Tiger cubs. Norwegian Halvorsen launched Viking Global at the end of 1999 with former Tiger employees David Ott and Brian Olson. Viking Global returned an astonishing 89% after fees in its first full year. Viking is a long/short global equity fund with a bottom-up stock picking approach. Here are the five stocks Andreas Halvorsen is crazy about right now:

Andreas Halvorsen

Johnson Controls Inc (JCI): Halvorsen had nearly $500 Million in JCI at the end of March. This isn’t a very popular stock among hedge funds actually. Chris Shumway had nearly $90 Million in JCI at the end of December. Israel Englander’s Millennium Management and Ken Fisher’s Fisher Asset Management each had a little over $10 Million in JCI at the end of December as well.

Priceline (PCLN): Halvorsen initiated a $459 Million position in Priceline during the first quarter. It looks like Priceline is attracting some tiger cub love. Stephen Mandel’s Lone Pine Capital also initiated a $181 Million position in PCLN. Chase Coleman’s Tiger Global added to its Priceline holdings during the first quarter, bringing its investment to $245 Million.

News Corp (NWSA): Viking Global started a $350 Million investment in News Corp. NWSA returned more than 20% so far in 2011. Seth Klarman’s Baupost had $334 Million in NWSA as well. Stephen Mandel initiated a $168 Million position in NWSA too. Mandel and Halvorsen must be sharing investment ideas. Joel Greenblatt’s Gotham Asset Management doesn’t think NWSA is a magic formula stock anymore. Greenblatt sold his entire stake in News Corp.

Viacom Inc (VIA-B): Halvorsen initiated a $333 Million position in Viacom, which is a very popular stock among prominent investors. Eton Park’s Eric Mindich increased his Viacom holdings to $700 Million. Chase Coleman had $368 Million, Tom Steyer’s Farallon had $179 Million, Larry Robbins’ Glenview had $116 Million, and Barry Rosenstein’s JANA Partners had $55 Million in Viacom at the end of March.

JP Morgan Chase (JPM): This isn’t a completely brand new position, however, Halvorsen increased his JPM position by nearly 500% to $466 Million. JP Morgan is one of the most popular financial stocks among hedge funds. Paul Ruddock and Steve Heinz’s Landsdowne Partners had $1.2 Billion in JPM at the end of December. Jonathan Jacobson’s Highfields Capital had more than $600 Million. The decline in financial stocks probably triggered this large purchase.

Andreas Halvorsen made several other large purchases and sold some of his other holdings. Here is a summary table detailing Halvorsen’s portfolio activity during the first quarter of 2011:

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 10 Laziest Countries in the World

The 10 Most Polluted Countries in the World

The 10 Most Dangerous Cities in America 2014

The Top 10 Gold Producing Countries in the World

The 10 Tallest Buildings in the World

The 10 Richest Stand Up Comedians in the World

The 10 Fattest Countries in the World

The 5 Best Summer Jobs for Teens

The 10 Most Religious Countries in the World Keeping the Faith

The 10 Most Educated Countries in the World

The 10 Most Popular Cell Phones in the World

The 10 Drunkest Countries in the World

The 10 Most Expensive Private Schools in the World

The 10 Smallest Countries in the World

Walking Dead Season 5 Spoilers You’ll Wish You Didn’t Know

The 10 Poorest Countries in the World

The 10 Greenest Countries in the World

The Top 10 Countries with the Highest Population in the World

The 10 Most Visited Countries in the World

The Top 10 Star Wars Characters in the Iconic Series

The 10 Most Expensive Android Phones in the World

5 Reasons Why The Illuminati Is Real and a Threat to Society

The 6 Scariest Halloween Costumes Ever Screamed At

The 4 Biggest Hedge Fund Managers in the World Today

The 15 Most Densely Populated Countries in the World

The 10 Biggest Tea Drinking Countries in the World

Top 6 Ways to Improve Your Checkout Process and Close Sales

The 5 Most Profitable Online Businesses You Can Start Today

The 20 Most Profitable Hospitals in the US

The 5 Most Profitable Home Businesses to Start

The 7 Teams that Will Win the Stanley Cup in 2015

The Top 10 Most Expensive Digital Cameras to Snap Stunning Shots With

The 10 Highest Quality Fast Food Restaurants In America Today

The 8 Best Halloween Decorating Ideas to Spook Up Your House

10 Marvel Women that Should Get a Movie Right Now

The 20 Best Remixes of Popular Songs that Will Make You Forget the Originals

7 Most Expensive Cities in the World

5 Least Expensive Cities in the World

10 Celebrities Who Believe In Scientology

10 High Margin Food Products to Build a Business Around

The 10 Most Expensive Clothing Stores in the United States to Get Decked Out At

The 5 Biggest Kickstarter Scams That Swindled Backers’ Donations

The 10 Most Expensive Boarding Schools In the World

50 Crazy Facts About Japan You Won’t Believe

Top 10 Least Expensive Hybrid Cars to Save the Planet With

The 10 Biggest ‘Gate’ Controversies in History

The 10 States with the Highest Nursing Shortages Leaving Their Hospitals Depleted

The 10 Best Value Investment Blogs that Every Investor Must Read

The 6 Cheapest Boarding Schools in Europe 2015

The 5 Most Expensive Cars To Insure in the World

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!