Standard Pacific Capital Trims Exposure to Top Picks Including KAR Auction Services Inc (KAR) & Facebook Inc (FB)

The third in line is CF Industries Holdings, Inc. (NYSE:CF), in which Standard Pacific Capital disclosed a $5.94 million position that contains 20,942 shares. CF Industries Holdings is a $14.83 billion company, which activates in the agro-industrial sector, and produces and distributes nitrogen and phosphate fertilizer products. The company pays a dividend of $1.50 per share, which gives it a yield of 2.00%. Although the company has registered a sharp decrease of 67.5% on the year in net income, to $230.6 million in the first quarter, CF Industries Holdings, Inc. (NYSE:CF) is still expecting to develop a positive trend in the next quarters, taking into consideration the overall market conditions. Among the funds that we track, D. E. Shaw, John Burbank’s Passport Capital also revealed stakes in CF Industries Holdings, Inc. (NYSE:CF) in their last 13F filings.

Douglas Dillard and Raj D. Venkatesan cut off their stake in Interface, Inc. (NASDAQ:TILE) by 156,504 shares to 284,896 shares, valued at $5.92 million. Interface, Inc. (NASDAQ:TILE) is a global leader manufacturer of modular carpet with a market cap of $1.47 billion, whose stock jumped by 34% since the beginning of the year. Including currency fluctuations, the company has had an increase of 8.2% on the year in sales to $236.9 million for the first quarter and a net income of $12.3 million, or $0.19 per diluted share, compared to $4.0 million, or $0.06 per diluted share posted a year earlier. Aside from Standard Pacific, among other shareholders of Interface, Inc. (NASDAQ:TILE) are Dmitry Balyasny’s Balyasny Asset Management and Chuck Royce’s Royce & Associates.

Disclosure: none