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

Biotech Insider Alert - $6 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.
Comments
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

The Greatest Directors in the World

Largest Animals in the World

World’s Most Expensive Desserts

Best Selling Comic Books of All Time

A-list Actors who Sabotaged Their Career

Rappers With a College Degree

The Best Jazz Albums of all Time

The Most Influential Jazz Musicians

The World’s Most Famous Photographers

The Best Oscar-Winning Songs

Most Influential Choreographers Ever

Most Expensive Department Stores in the World

The Most Expensive Stolen Paintings in the World

The World’s Most Expensive Teas

Top Oscar Record Holders

The Most Expensive Flowers in the World

Countries With a Booming Film Industry

Most Expensive Cupcakes in the World

Uncommon European Escapes

The Most Stolen Artists in History

Best Travel Destinations in Australia

World’s Most Expensive Musical Instruments

World’s Most Famous Animals

Most Expensive Cakes in the World

Most Expensive Kosher Champagne in the World

Most Expensive Kosher Wine in the World

The Most Surprisingly Dark Fairy Tales

Most Popular Travel Destinations in Asia

The 10 Most Expensive Dresses Ever Worn to the Oscars

World’s Most Visited Art Museums

Best Countries for Photographers to Work in

Best Paid Jobs in the Film Industry

The Most Renowned Recovered Paintings Ever

Child Stars That Turned out Just Fine

Books That Were Banned in the Past Century

World’s Richest Dancers

Best Remedies against Bad Breath

Foods That Improve Your Skin Texture

Best-Selling Children’s Books of all Time

Foods That Boost Your Libido

Best-Selling Books of all Time

The Most Expensive Academy Awards Jewelry in History

Most Expensive Japanese Restaurant In New York City

The Best B-Boy Movies

Most Awesome Hip Hop Documentaries

Foods That Stain Your Teeth

Richest Doctors in the World

The Best Movie Sountracks Ever

The Highest Grossing Musicals on Broadway

The Most Successful Reality TV Stars

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 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!