Twenty-First Century Fox Inc (FOX), BHP Billiton Limited (ADR) (BHP) And General Motors Company (GM): Billionaire Michael Hintze’s Top Picks

A former employee of Salomon Brothers and Goldman Sachs, Sir Michael Hintze has founded CQS Cayman LP in 1999. The fund invests in a wide range of financial securities, including asset-backed securities, loans and equity. Hintze is famous for returning 179% on clients’ capital in the middle of the “Great Recession”, thanks to its bearish bet against the US mortgage market. According to CQS Cayman’s latest 13F filing, its equity portfolio is well diversified to include sectors such as consumer discretionary, health care, technology and others. The estimated market value of the portfolio at the end of June is $1.62 billion, up from the $1.23 billion at the end of the first quarter. In this article, CQS Cayman’s top 3 positions will be analyzed.

Twenty-First Century Fox Inc (NASDAQ:FOX)

Twenty-First Century Fox Inc (NASDAQ:FOX) continues to be Michael Hintze darling: during the second quarter CQS Cayman’s stake in the company has grown 7% and maintained Twenty-First Century Fox Inc (NASDAQ:FOX) as its biggest equity position. The fund controls 5.49 million shares valued at $188 million. Chase Coleman And Feroz Dewan the managers of Tiger Global Management LLC are also betting big on Twenty-First Century Fox Inc (NASDAQ:FOX), but have slightly decreased their investment in the company during the quarter. Their fund now holds 18.5 million shares, which are valued at roughly $651 million.

During the quarter, Hintze has decreased his fund’s investment in BHP Billiton Limited (ADR) (NYSE:BHP) by 17%. Still the company is his second biggest equity investment, as CQS Cayman owns roughly 754,100 shares worth in excess of $51 million. Ken Fisher, on the other hand, has chosen to boost his fund’s stake in BHP Billiton Limited (ADR) (NYSE:BHP) by 2%. His fund, Fisher Asset Management, has reported ownership over 3.27 million BHP Billiton Limited (ADR) (NYSE:BHP) shares worth a little over $224 million.

Not far behind is General Motors Company (NYSE:GM), with the CQS holding a little over 1.4 million shares worth approximately 50.8 million. During Q2, Hintze has boosted his fund’s stake in the automaker by 21% to make it his third largest equity position. Legendary value investor, Warren Buffett holds a huge stake in General Motors Company (NYSE:GM) and has further increased it during the quarter. As a result, Berkshire Hathaway has control over 32.9 million shares of General Motors Company (NYSE:GM), valued at approximately $1.19 billion.

Disclosure: none.

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 World’s Most Famous Circuses

Best Hair Stylists

Most Popular NASCAR Drivers

The Best Romance Movies of all Time

The Most Wanted Drug Lords

The Oldest Money Managers

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

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!