Segantii Capital and Billionaires are Betting On These Stocks

Simon Sadler founded Asia based Segantii Capital in December 2007. The fund focuses on Asia-Pacific equity markets with weight on North Asia ex-Japan. The fund has a multi-startegy approach and the strategies include relative value, opportunistic events and catalyst driven long/short. In 2011, Segantii Capital drew investors’ attention when it achieved its biggest gain of 40.75%, in contrast to Eurekahedge Asian index, which fell 7.4% in the same period. However, the fund has been suffering two consecutive years of underperformance, losing 1.7% in 2013.

Mr. Sadler, the Chief Investment Officer of Segantii Capital has experience of over 15 years in a number of investment banks across Europe and Asia. Since 1999, he has worked with HSBC Securities, Deutsche Securities and Dresdner Kleinwort Wasserstein Securities in Hong Kong in the capacity of senior trading and trading management roles.

Taiwan Semiconductor Mfg. Co. Ltd. (ADR)

The total value of the fund’s equity portfolio is approximately $546.8 million. An analysis of Segantii Capital’s equity portfolio reveals that some of the largest investments of Mr. Sadler are backed by some of the greatest hedge funds, run by billionaires as Jim Simons, or Israel Englander, among others. With this in mind, let’s take a look at these picks.

Segantii Capital’s top holding is Taiwan Semiconductor Mfg Co Ltd (ADR) (NYSE:TSM) in which it holds 23.9 million shares valued at $423.3 million. Four billionaire hedge funds are also invested in the stock: Jim Simsons‘ Renaissance Technologies currently holds 29.1 million shares, while Ken Fisher and Israel Englander own 16.9 million shares, and around 896,500 shares. Ken Griffin is also bullish on the stock, owning 271,400 shares of the company. The manufacturer of semiconductors has a market cap of $97.5 billion and sports a Price to Earnings (P/E) ratio of 15.7. For the fourth quarter of 2013, Taiwan Semiconductor reported $4.1 billion in revenues and earnings per ADR unit of $0.29. For the current quarter, the company expects revenue between $4.49 billion and $4.55 billion.

Another important position is China Life Insurance Company Ltd (ADR) (NYSE:LFC), in which Segantii Capital holds 234,600 shares, worth about $11.0 million. Israel Englander added 19% to his position during the same period and currently holds 55,500 shares of China Life Insurance.

Next up is A U Optronics Corp (ADR) (NYSE:AUO), Segantii Capital owning 3.4 million shares, valued at roughly $11 million. Israel Englander owns around 649,500 shares of the company. Another billionaire invested in A U Optronics Corp (ADR) (NYSE:AUO) is Ken Griffin, who holds approximately 71,600 shares. The Taiwan based company announced an increase of 10.0% on the year in revenues to $13.7 billion and earnings of $0.15 per ADR for the fiscal year 2013.

In China Unicom Hong Kong Ltd (ADR) (NYSE:CHU),Segantii owns approximately 551,600 shares, worth $8.3 million. Ken Griffin and Israel Englander also hold around 758,300 shares and 60,500 shares respectively, of the investment holding company. It has a market cap of $31.6 billion and trails a P/E ratio of around 19. For 2013, China Unicom posted revenues of $47.2 billion, an increase of 18.5% year on and EPS of $0.016, annual increase of 33.3%.

Simon Sadler holds 173,540 shares, which is equivalent to $2.6 million of KT Corporation (ADR) (NYSE:KT). Other billionaires who reported ownership of shares in the South Korean company are Jim Simons, who holds 118,100 shares, Israel Englander with 39,700 shares, and Ken Griffin, with around 39,000 shares. For fiscal year 2013, the $7.0 billion company declared an annual cash dividend of $.75 per share.

Disclosure:none

Recommended Reading:

Hound Partners & Arrow Capital Management Are Buying the Same Stocks

Gregory A. Weaver, Invicta Capital Management Dump The Stake in American Electric Technologies, Inc. (AETI)

Jerome Simon, Lonestar Are Betting On These Mid- and Large Cap Stocks

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. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

10 Covers of Popular Songs that are Better than the Originals

Must See TV: The 9 Most Anticipated Shows of 2015

The 15 Biggest Box Office Bombs of All Time

10 Things The World Can’t Stand About Americans

Picture Perfect: The 6 Smartphones with the Best Cameras

The 10 Best Countries To Work In the World

A Profitable Day At The Track: 5 Tips For Betting On Horses

Tearing You Apart: 6 Bad Habits That Ruin Relationships

Learning on the Job: The 6 Biggest Mistakes Parents Make

Shopaholics Rejoice: The 12 Biggest Malls in the World

Fright Night: 10 Horror Movies Based on True Stories

Mach Mania: The 10 Fastest Jets in the World

Military Heavyweights: The 10 Countries with the Most Tanks

All In: The 7 Richest Poker Players in the World

Abracadabra: The 10 Best Magicians in the World

The 10 Richest Asian Countries in the World in 2014

Eyes in the Sky: 10 Things You Need to Know About Drones

Rising Stars: The 6 Best Silicon Valley Startups

Military Muscle: The 5 Most Advanced Armies in South America

All that Glitters: The 7 Most Luxurious Jewelry Brands in the World

5 Things You Didn’t Know About ISIS but Should

Empowering Your Money: The 5 Best Energy Stocks to Invest In

The 11 Best Android Apps You Can’t Get on iOS

The 10 Most Important International Conflicts in 2014

Mood Enhancers: The 20 Most Uplifting Songs of all Time

Lover Beware: The 8 Countries that Cheat the Most

Breath of Fresh Air: The 25 Countries with the Best Air Quality on the Planet

Singles Beware: The 8 Worst Mistakes Made on First Dates

Healthy and Happy: The 10 Countries with Lowest Healthcare Costs

The 6 Best Company Team Building Activities to Build Workplace Camaraderie

Ships Ahoy: The 10 Busiest Shipping Ports in the World

10 Productivity Tips to Save You Time and Help You Do More With Less

Grab a Bite: The Most Popular Fast Food Restaurants in America

Friday Night Thirst: The 10 Most Popular Cocktails in the World

The 6 Greatest Unsolved Mysteries We May Never Figure Out

7 Useless Products You Never Should’ve Bought

The 5 Reasons Why You’re Single and Miserable

The 7 Most Addictive Foods in the World We Can’t Stop Eating (Even Though We Should)

5 Amazing Places You Can Swim with Dolphins

The Top 7 Most Livable Countries In The World

The 10 Most Expensive Baseball Cards Ever Pulled From A Pack

The 5 Easiest Second Languages to Learn for English Speakers

Silver Spoon: The 6 Richest Families in the World

The 20 Countries with the Largest Prison Populations in the World

The Top 10 Richest Actors in the World

The 10 Best Airline Stocks to Invest In Before They Fly Too High

Burger Kings: The 10 Most Expensive Burgers in the World

The 10 Most Ethnically Diverse Countries in the World

The 10 Most Exclusive Credit Cards in the World

The 10 Most Expensive Cruise Ships 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!