Prince Street Capital’s Picks Do 180, Have Big Q2

The next equity on the list is EPAM Systems Inc (NYSE:EPAM), in which David Halpert has allocated $11.88 million of his 13F portfolio, owning 193,800 shares of the company in total. Over the second quarter, the shares of the company have made the bets of investors look quite brilliant, returning around 16.22%. Among the most recent moves of EPAM Systems Inc (NYSE:EPAM) is the acquisition of NavigationArts, a Virginia digital consulting firm, which acts as a strategic advisor to Fortune 500 companies. John Smith Clark’s Southpoint Capital Advisors held some 1.75 million shares of EPAM Systems Inc (NYSE:EPAM) worth $107.21 million.

Lastly, Prince Street Capital Management reported having 1.35 million shares of SouFun Holdings Ltd (NYSE:SFUN), valued at $8.11 million. The company is engaged in the operation and maintenance of several furnishing and improvements websites in China. SouFun Holdings Ltd (NYSE:SFUN) is going through a challenging improvement period, which should allow it to become a full-service real-estate platform. During the second quarter of 2015, the shares of the company soared by 39.24%, while the consensus price of analysts still suggests a 47.9% upside. Yet, investors should beware of strong headwinds coming from the Chinese mainland stock market. Kerr Neilson’s Platinum Asset Management decided not to make any changes in its ownership of SouFun Holdings Ltd (NYSE:SFUN), as they kept on the balance around 13.06 million shares worth some $78.35 million.

Disclosure: None