Heron Therapeutics Inc (HRTX), Atlas Pipeline Partners LP (APL), Usa Compression Partners LP (USAC): Andrew R. Midler’s Savitr Capital Loves Small-Caps

Andrew R. Midler’s Savitr Capital recently declared, with the SEC, its long equity positions as of June 30 2014. The fund disclosed a relatively small equity portfolio, worth barely $56.99 million, mainly divided between energy (47%) and healthcare (41%) stocks.

Over the second quarter, Savitr Capital started 14 new stock positions, augmented its stakes in another 13, and sold out of 9 stocks. Let’s, thus, take a look at its top three stock picks for the period.

The fund’s largest bet is placed on Heron Therapeutics Inc (NASDAQ:HRTX), a $258 million market cap specialty pharmaceutical company. Following a slight reduction in its exposure to the company, Savitr Capital owns 1.83 million shares of Heron Therapeutics Inc (NASDAQ:HRTX), worth $22.59 million. This position accounts for almost 40% of the fund’s equity portfolio’s total value.

Another fund that is placing a wager in Heron Therapeutics Inc (NASDAQ:HRTX) is Kevin C. Tang’s Tang Capital Management, which declared in late-June ownership of 4.96 million shares of the company. This stake makes Tang Capital the largest hedge fund shareholder of record amongst those that we track. Julian Baker and Felix Baker’s Baker Bros. Advisors is also betting on the company, as it acknowledged holding 2.16 million shares by the end of the first quarter of the year.

Atlas Pipeline Partners, L.P. (NYSE:APL)

Atlas Pipeline Partners LP (NYSE:APL) escalated one spot over the quarter and now ranks as Savitr’s second most valuable pick. This $2.8 billion market cap full service oil and gas midstream company saw the fund boost its exposure by 14% over the quarter. Savitr now owns 70,000 shares of Atlas Pipeline Partners LP (NYSE:APL), worth $2.4 million, which account for 4.2% of its total equity portfolio.

Other major hedge fund manager with even larger stakes in Atlas Pipeline Partners LP (NYSE:APL) are Leon Cooperman and Jim Simons, who last disclosed (as of March 31, 2014) ownership of 3.35 million shares and 208,484 shares, respectively.

Savitr’s third largest equity position is the one it holds at Usa Compression Partners LP (NYSE:USAC). This $960 million market cap provider of natural gas compression services witnessed a 37% increase in the fund’s participation over the second quarter of the year. Mr. Midler’s fund now holds 92,376 shares of Usa Compression Partners LP (NYSE:USAC), worth roughly $2.3 million.

Once again, Jim Simons’ Renaissance Technologies is amongst the company’s hedge fund supporters. Over the second quarter of the year, the fund upped its involvement in Usa Compression Partners LP (NYSE:USAC) by 576%, to 115,891 shares.

Disclosure: Javier Hasse holds no position in any stocks or funds mentioned.

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

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

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

Top 6 Cities For The Ultra Rich to Live in Comfort

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

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!