Kenneth Squire’s 13D Management Is Betting on These Stocks

13D Management is a New-York firm that was founded by Kenneth Squire in 2011. The fund, an event driven asset manager, focused on imitating activist investors. Kenneth is a mutual fund manager who imitates activist hedge funds. He also leads 13D Monitor, a research service for major investment banks, top law firms, hedge funds and institutional investors. Previously, Kenneth was an associate in the corporate and securities department at Weil, Gotshal & Manges LLP.

Valeant Pharmaceuticals Intl Inc (NYSE:VRX)

13D Management, in its first 13F filing, revealed a total of 38 positions, worth in aggregate around $134.8 million. In this article, we will look at some of the largest positions from the 13F filing, as well as activist hedge funds that 13D Management is imitating.

According to the filing, 13D Management is bullish on Valeant Pharmaceuticals Intl Inc (NYSE:VRX), owning 68,273 shares, worth just over $8 million.The most recent 13F filings show that Valeant was the top holding of Jonathan Auerbach’s Hound Partners and second largest of Mal Serure’s Arrow Capital Managemen. Hound maintained its position in the multinational specialty pharmaceutical company during the fourth quarter, while Arrow increased it by 5%.

13D Management reported owning 54,072 shares of Howard Hughes Corp (NYSE:HHC), which develops and operates master planned communities and mixed use properties. Recently, William Ackman‘s Pershing Square boosted its stake in HHC to 5.48 million shares from 3.57 million held at the end of September 2013.

In Cracker Barrel Old Country Store Inc. (NASDAQ:CBRL), 13D Management owns 53,732 shares, worth close to $6 million. In December 2013, Biglari Capital Corp., a subsidiary of Biglari Holdings Inc (NYSE:BH), disclosed holding over 4.7 million shares of CBRL, with the stake amassing 19.9% of the stock. The company, which offers a friendly home-away-from-home in its old country stores and restaurants, has a market cap of $2.37 billion.

The fund also holds 59,400 shares of Lear Corporation (NYSE:LEA), which supplies automotive seating and electrical distribution systems. The most recent 13F filing of Richard Mcguire’s Marcato Capital Management shows that the fund holds 5.65 million shares of the company, which is a tier I supplier of automotive seating systems and related components to automotive manufacturers.

The fund disclosed ownership of 79,550 shares of Forest Laboratories Inc. (NYSE:FRX). In its latest 13F, Nehal Chopra’s Ratan Capital disclosed holding 639,091 shares of Forest Laboratories, a significant increase from 471,400 shares held in the third quarter of 2013. FRX is a fully integrated, specialty pharmaceutical company largely focused on the United States market. The market cap of FRX is $26.22 billion.

Disclosure: none.

Recommended reading:

Park West Asset Management Reveals New Position in World Wrestling Entertainment, Inc. (WWE)

Two Small-Cap U.S. Regional Bank Stocks That Insiders Love

Ted Kang’s Kylin Management Adds to its E-House (China) Holdings Limited (ADR) (EJ) Stake

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 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

6 Ways 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

The 10 Best Selling Items on Etsy

Top 10 Things to Do in Tokyo, the Greatest City in the World

10 Mistakes on Social Media that Can Harm You and Will Probably Get You Canned

The 10 Best Cities to Find Jobs in 2014

The 10 Most Controversial Songs Of All Time to Hit (and get Banned from) the Airwaves

The 20 Biggest IPOs in US History

The 10 Best Places to Visit in Mexico that Are Beautiful and Safe

7 Bad Habits that Age You Beyond Your Years

The 40 Best Fortune Cookie Sayings That Will Leave You Bemused, Befuddled, or Beguiled

10 Foods to Eat Before a Workout to Make Every Drop of Sweat Count

The 5 Best Documentaries On Netflix You Must See

The Most Heartwarming and Inspirational Story Of This Halloween Season, It Will Make You Cry and Jump For Joy

10 Best Party Songs of All Time to Bring the House Down With

5 New World Order Conspiracy Theories that Will Strangle the World

The 10 Highest Rated Movies of 2014

The 10 Largest Container Shipping Companies in the World

The 10 Largest Armies in the World: Who Should We Be Afraid Of?

Best Warren Buffett Quotes on Money You Need to Hear

The 10 Highest Suicide Rates by Profession

The 20 Most Underrated Movies of All Time

The 10 Fastest Growing Companies in America

The 10 Biggest Outlet Malls in USA

The 5 Most Popular Rap Songs of All Time

The 10 Countries that Eat the Most Meat

The10 Most Expensive Countries to Fly To

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!