Steven Owsley’s Madison Street Partners Is Betting on Mastercard Inc (MA), Apple Inc. (AAPL) & Others

Steven Owsley’s Madison Street Partners is a long/short, value-oriented, equity hedge fund that focuses on small and mid cap stocks. In the current round of 13F filings, hedge funds are disclosing their equity portfolios as held at the end of the fourth quarter of 2013. Here, in this piece we are going to talk about Madison Street Partners’ top five holdings in terms of value – that Madison Street Partners has held in his equity portfolio at the end of last year.

Mastercard Inc (NYSE:MA) In its 13F filing, Madison Street Partners, disclosed its equity portfolio’s total value of $106.56 million for the period ending Dec 31, 2013. This was a significant increase of the portfolio’s value compared to $84.98 million disclosed in the previous quarter.

Out of the top-five, the first on the list is Mastercard Inc (NYSE:MA). Madison Street Partners has slightly trimmed its position to 16,715 shares, from the previous amount of 16,725 shares. The value of the stake, however, increased to $13.97 million, from $11.25 million at the end of the third quarter.

This month, Foundation Mastercard, a large shareholder at Mastercard Inc (NYSE:MA), has been reducing its position and now holds 120.02 million shares. Tom Russo’s Gardner Russo & Gardner, is the largest shareholder of the hedge funds we track, with 1.0 million shares, worth $674.08 million.

Coming in second is Liberty Global plc – Class C Ordinary Shares (NASDAQ:LBTYK), a $13 billion market cap company. The position amasses almost 155,781 shares, basically flat, in comparison with 155,662 shares held at the end of September. The value of the holding went up to $13.14 million, from $11.74 million.

Spo Advisory Corp, managed by John H. Scully, holds 14.48% of its equity portfolio invested in Liberty Global plc, amassing 13.12 million shares.

Third, on the top-five list, is Visa Inc (NYSE:V) with 56,865 shares, valued at $12.66 million, the holding remaining almost unchanged in comparison with 57,052 shares held at the end of the third quarter.

In the last couple of months insiders have been actively selling shares of the company. Antonio Lucio, an officer at Visa Inc (NYSE:V), sliced his position by 7,163 shares and now holds 46,465 shares. Further Javier Francisco Fernandez-Carbajal, a director at Visa has also significantly trimmed his position by 40,600 shares, with only 3,056 shares remaining in his portfolio.

Fisher Asset Management, led by Ken Fisher, is the largest shareholder, out of the funds in our database, with 3.47 million shares in its equity portfolio, with a reported value of $772.7 million.

Madison Street Partners’s fourth-largest holding is Apple Inc. (NASDAQ:AAPL) with a $11.78 million stake. The fund holds 21,000 shares, which is nearly double the quantity of 11,734 shares it held at the end of September. Carl Icahn’s Icahn Capital Lp initiated a position in the company during the third quarter of 2013 disclosing a $1.85 billion stake with 3.88 million shares. Last week, Icahn also posted on Twitter that he added another $500 million in the stock.

Madison Street Partners’s fifth most valuable holding is represented by Liberty Media Corp (NASDAQ:LMCA). The stake was trimmed to 57,568 shares valued at $8.42 million, from 82,300 shares held at the end of the third quarter. Liberty Media represented the largest position of the fund in the third quarter.

Disclosure: none

Recommended Reading:

Tocqueville Asset Management’s Top 5 Stock Picks

Hedge Fund Highlights: Ray Dalio, Wilbur Ross & Renaissance Technologies

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

50 Crazy Facts About Japan You Won’t Believe

Top 10 Least Expensive Hybrid Cars to Save the Planet With

The 10 Biggest ‘Gate’ Controversies in History

The 10 States with the Highest Nursing Shortages Leaving Their Hospitals Depleted

The 10 Best Value Investment Blogs that Every Investor Must Read

The 6 Cheapest Boarding Schools in Europe 2015

The 5 Most Expensive Cars To Insure in the World

The 10 Most Common Genetically Modified Foods

10 Self-Made Billionaires Who Came From Nothing

The 10 Most Expensive Cities to Live in North America

The 13 Most Expensive Headphones in the World to Represent

The Top 20 Wealthiest Soccer Teams in 2014

4 BuzzWorthy Cannabis Stocks And Some Smoking Derivative Plays

The 10 Healthiest Fast Food Chains in America to Dine At

The 5 Most Expensive Cat Food Brands You Can Spoil Your Kitty With

The 6 Best eCommerce Platforms for Small Businesses

The 10 Worst Mistakes an Entrepreneur Can Make

The 5 Most OP Characters in League of Legends to Carry Games and Crush Foes With

The 5 Best Foods to Eat Before Running that Will Help You Pound the Pavement

10 Glaring Plot Holes in The Walking Dead that a Zombie-Filled Bus Could Drive Through

The 5 Biggest Celebrity Stoners Who Love Their Reefer

The 10 Most Overrated Movies Of All Time by Out-of-Touch Critics

Top 6 Least Expensive Cruise Destinations For 2015 that Will Take You to Paradise

10 States with Lowest Substance Abuse Rates in America

The 14 Most Watched TV Finales Ever

The 10 Best Selling Role Playing Games of All Time for PC

10 Most Influential Papers In Economics

Top 8 Biggest Charities in the US

10 Worst Celebrity Career Moves Ever

Top 10 Best Paid Tennis Stars in the World

10 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

How 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

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!