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

The 10 Best-Selling Cars in 2014

The 10 Best Industries to Invest In

The 10 Most Expensive States to Own a Car In

Top 10 Business Schools in US: 2014 Rankings

Top 20 Female Billionaires in 2014

6 Movies That You Should Watch to Better Understand The Cold War

Top 15 Best Paying Jobs for Women in 2014

Top 6 Things Rich People Do Differently Every Day

5 Retirement Mistakes To Avoid (and Einstein’s Famous Quote)

11 Smartest People in the World

6 Films About the Financial World You Need To Watch (While “The Wolf” is Not Around)

Warren Buffett and Billionaires Are Crazy About These 7 Stocks

The Top 10 States With Fastest Internet Speeds

10 Best Places to Visit in USA in August

Top 10 Cities to Visit Before You Die

Top 10 Genetically Modified Food In the US

15 Highest Grossing Movies Opening Weekend

5 Best Poker Books For Beginners

10 Strategies Hedge Funds Use to Make Huge Returns

Top 10 Fast Food Franchises to Buy

10 Best Places to Visit in Canada

Best Summer Jobs for Teachers

10 Youngest Hedge Fund Billionaires

Top 10 One Hit Wonders of the 90s

Fastest Growing Cities In America

Top 10 U.S. Cities for Freelancers

Top 9 Most Popular Free iPhone Apps

Top 10 Least Expensive Private Business Schools in the US

Top 15 Most Expensive Countries in the World – 2014

Top 6 Tax Scams and How to Protect Yourself

Top Businesses to Invest In

Top 5 Things You Might Be Doing Wrong With Your Business

Top 5 Strategic Technology Trends in 2014

Top Rags to Riches Stories

Parenting Behavior That Promotes Future Leaders

Top 5 Mistakes Made by Small Businesses

Top 5 Most Common and Potentially Devastating Financial Blunders

Top 5 Highest Paying Jobs for Web Designers

Top 6 Most Respected Professions that Also Pay Well

Top 5 Pitfalls Investors Should Avoid

Top 6 Lawyers and Policy Makers Under 30

Top 6 New Year’s Resolutions for Entrepreneurs

Top 7 Locations to Check in on Facebook

Top 5 Mistakes made by Rookie eBay Sellers

Top 7 eBook Publishers in 2013

Top 6 Health Industry Trends in 2014

5 Lessons for Entrepreneurs from Seth Godin

Top 5 Success Tips from Jordan Belfort – the Wolf of Wall Street

Best Master’s in Finance Degree Programs

Top 6 Earning Celebrities Over 50

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!